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Kerang vs Lismore vs Casterton — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $300kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Kerang

    VIC · 3579
    47Average
    Median
    $265k
    5y growth
    9.3%/yr
    BalancedThin market · ~4k residents

  2. Lismore

    VIC · 3324
    21Below trend
    Median
    $143k
    5y growth
    -0.3%/yr
    YieldThin market · ~0.5k residents

  3. Casterton

    VIC · 3311
    30Below trend
    Median
    $195k
    5y growth
    5.4%/yr
    YieldThin market · ~2k residents

Metric breakdown

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

Metric · weight
Kerang
Lismore
Casterton
Capital growth (5y)
weight 22%
939.3%/yr
0-0.3%/yr
545.4%/yr
Rental yield
weight 13%
783.9%
1005.1%
854.3%
Rental demand
weight 10%
402.4%
402.4%
402.4%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
5213.0%
5213.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
1212% under cap
5353% under cap
3535% under cap
Supply tightening
weight 8%
25+5.0% YoY
25+5.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Kerang

    1/8
    • Capital growth (5y)

  2. Lismore

    2/8
    • Rental yield
    • Affordability

  3. Casterton

    0/8

    No outright lead on any single dimension.

Why Kerang

Thin market · ~4k residents

9.3%/yr capital growth, 3.9% gross yield.

Drivers
  • Capital growth9.3%/yr
  • Rental yield3.9%
  • Population growth+7.8% (5y)
Risks
  • Only 3,960 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub241.3 kmApproved · 2033

Why Lismore

Thin market · ~0.5k residents

5.1% gross yield, population +7.8% (5y).

Drivers
  • Rental yield5.1%
  • Population growth+7.8% (5y)
Risks
  • Only 472 residents — illiquid, slow to sell
  • Modest 5y growth (-0.3%/yr)

Construction ·Melbourne Airport Rail — Sunshine Hub131.4 kmApproved · 2033

Why Casterton

Thin market · ~2k residents

4.3% gross yield, population +7.8% (5y).

Drivers
  • Rental yield4.3%
  • Population growth+7.8% (5y)
Risks
  • Only 1,673 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub302.8 kmApproved · 2033