Back to results

Travancore vs Ararat vs Hamilton — 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. Travancore

    VIC · 3032
    47Average
    Median
    $350k
    5y growth
    -3.9%/yr
    YieldLate-cycle hold

  2. Ararat

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

  3. Hamilton

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

Metric breakdown

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

Metric · weight
Travancore
Ararat
Hamilton
Capital growth (5y)
weight 22%
0-3.9%/yr
898.9%/yr
10011.4%/yr
Rental yield
weight 13%
1005.2%
793.9%
683.4%
Rental demand
weight 10%
681.3%
402.4%
402.4%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
8421.0%
5213.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
1313% under cap
1818% under cap
1010% under cap
Supply tightening
weight 8%
85-7.0% 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. Travancore

    4/8
    • Rental yield
    • Rental demand
    • Income growth
    • Supply tightening

  2. Ararat

    1/8
    • Affordability

  3. Hamilton

    1/8
    • Capital growth (5y)

Why Travancore

Late-cycle hold

5.2% gross yield, listings tightening 7.0% YoY.

Drivers
  • Rental yield5.2%
  • Supply tightening-7.0% YoY
  • Income growth+21.0% (5y)
  • Population growth+7.8% (5y)
Risks
  • Modest 5y growth (-3.9%/yr)
  • No major construction project in this state

Construction ·Metro Tunnel — Parkville Station2.2 kmRecently completed · 2025

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 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