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Red Cliffs vs Ararat vs Heywood — which is best for yield?

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. Red Cliffs

    VIC · 3496
    52Average
    Median
    $400k
    5y growth
    13.0%/yr
    GrowthStable but fully priced

  2. Ararat

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

  3. Heywood

    VIC · 3304
    34Below trend
    Median
    $275k
    5y growth
    9.1%/yr
    GrowthThin market · ~2k residents

Metric breakdown

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

Metric · weight
Red Cliffs
Ararat
Heywood
Capital growth (5y)
weight 22%
10013.0%/yr
898.9%/yr
919.1%/yr
Rental yield
weight 13%
623.1%
793.9%
683.4%
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%
0Over cap
1818% under cap
3131% 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. Red Cliffs

    1/8
    • Capital growth (5y)

  2. Ararat

    1/8
    • Rental yield

  3. Heywood

    1/8
    • Affordability

Why Red Cliffs

Stable but fully priced

13.0%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth13.0%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.1%
Risks
  • At top of budget (100% of cap)
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub454.0 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

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
  • No major construction project in this state

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