Back to results

Portland vs Hamilton vs Ararat — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $400kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Portland

    VIC · 3305
    48Average
    Median
    $390k
    5y growth
    8.0%/yr
    BalancedStable but fully priced

  2. Hamilton

    VIC · 3300
    53Average
    Median
    $360k
    5y growth
    11.4%/yr
    GrowthStable but fully priced

  3. Ararat

    VIC · 3377
    53Average
    Median
    $330k
    5y growth
    8.9%/yr
    BalancedStable entry point

Metric breakdown

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

Metric · weight
Portland
Hamilton
Ararat
Capital growth (5y)
weight 22%
808.0%/yr
10011.4%/yr
898.9%/yr
Rental yield
weight 13%
673.3%
683.4%
793.9%
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%
33% under cap
1010% under cap
1818% 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. Portland

    0/8

    No outright lead on any single dimension.

  2. Hamilton

    1/8
    • Capital growth (5y)

  3. Ararat

    2/8
    • Rental yield
    • Affordability

Why Portland

Stable but fully priced

8.0%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth8.0%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.3%
Risks
  • At top of budget (98% of cap)
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub289.6 kmApproved · 2033

Why Hamilton

Stable but fully priced

11.4%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth11.4%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.4%
Risks
  • At top of budget (90% of cap)
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub247.3 kmApproved · 2033

Why Ararat

Stable entry point

8.9%/yr capital growth, 3.9% gross yield.

Drivers
  • Capital growth8.9%/yr
  • Rental yield3.9%
  • Population growth+7.8% (5y)
Risks
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub176.5 kmApproved · 2033