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Heidelberg vs Preston — which is best for infrastructure?

Same eight metrics, scored against the same benchmark, ranked against a $1.50Mbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Heidelberg

    VIC · 3084
    64Strong
    Median
    $1.29M
    5y growth
    5.8%/yr
    GrowthStable entry point

  2. Preston

    VIC · 3072
    58Average
    Median
    $985k
    5y growth
    7.0%/yr
    GrowthGrowth-led, low cashflow

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Heidelberg
Preston
Capital growth (5y)
weight 22%
585.8%/yr
707.0%/yr
Rental yield
weight 13%
321.6%
412.1%
Rental demand
weight 10%
681.3%
701.2%
Population growth
weight 12%
787.8%
787.8%
Income growth
weight 12%
6817.0%
8822.0%
Construction pipeline
weight 15%
100$6.1bn
0–
Affordability
weight 8%
1414% under cap
3434% under cap
Supply tightening
weight 8%
85-7.0% YoY
90-8.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Heidelberg

    1/8
    • Construction pipeline

  2. Preston

    6/8
    • Capital growth (5y)
    • Rental yield
    • Rental demand
    • Income growth
    • Affordability
    • Supply tightening

Why Heidelberg

Stable entry point

$6.1bn pipeline incl. North East Link — Bulleen, listings tightening 7.0% YoY.

Drivers
  • Infrastructure pipeline$6.1bn nearby
  • Supply tightening-7.0% YoY
  • Population growth+7.8% (5y)
  • Income growth+17.0% (5y)
Risks
  • Thin gross yield (1.6%)

Construction ·North East Link — Bulleen2.0 kmConstruction · 2028

Why Preston

Growth-led, low cashflow

listings tightening 8.0% YoY, incomes +22.0% (5y).

Drivers
  • Supply tightening-8.0% YoY
  • Income growth+22.0% (5y)
  • Population growth+7.8% (5y)
  • Capital growth7.0%/yr
Risks
  • Thin gross yield (2.1%)
  • No major construction project in this state

Construction ·Metro Tunnel — Parkville Station6.4 kmRecently completed · 2025