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Rainbow vs Heywood vs Port Augusta — 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. Rainbow

    VIC · 3424
    28Below trend
    Median
    $235k
    5y growth
    25.7%/yr
    GrowthThin market · ~0.7k residents
  2. Heywood

    VIC · 3304
    33Below trend
    Median
    $275k
    5y growth
    9.1%/yr
    GrowthThin market · ~2k residents
  3. Port Augusta

    SA · 5700
    46Average
    Median
    $295k
    5y growth
    7.4%/yr
    BalancedStable but fully priced

Metric breakdown

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

Metric · weight
Rainbow
Heywood
Port Augusta
Capital growth (5y)
weight 22%
10025.7%/yr
919.1%/yr
747.4%/yr
Rental yield
weight 13%
442.2%
683.4%
683.4%
Rental demand
weight 10%
402.4%
402.4%
402.4%
Population growth
weight 12%
787.8%
787.8%
656.5%
Income growth
weight 12%
5213.0%
5213.0%
4411.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
2222% under cap
88% under cap
22% under cap
Supply tightening
weight 8%
25+5.0% YoY
25+5.0% YoY
40+2.0% YoY

Winner per dimension

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

  1. Rainbow

    2/8
    • Capital growth (5y)
    • Affordability
  2. Heywood

    0/8

    No outright lead on any single dimension.

  3. Port Augusta

    2/8
    • Rental yield
    • Supply tightening

Why Rainbow

Thin market · ~0.7k residents

25.7%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth25.7%/yr
  • Population growth+7.8% (5y)
Risks
  • Only 672 residents — illiquid, slow to sell
  • Thin gross yield (2.2%)

Construction ·Melbourne Airport Rail — Sunshine Hub328.0 kmApproved · 2033

Why Heywood

Thin market · ~2k residents

9.1%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth9.1%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.4%
Risks
  • Only 1,815 residents — illiquid, slow to sell
  • At top of budget (92% of cap)

Construction ·Melbourne Airport Rail — Sunshine Hub284.4 kmApproved · 2033

Why Port Augusta

Stable but fully priced

7.4%/yr capital growth, 3.4% gross yield.

Drivers
  • Capital growth7.4%/yr
  • Rental yield3.4%
  • Population growth+6.5% (5y)
Risks
  • At top of budget (98% of cap)
  • No major construction project in this state