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Geeveston vs Driver vs Wodonga — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $500kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Geeveston

    TAS · 7116
    26Below trend
    Median
    $425k
    5y growth
    8.2%/yr
    BalancedThin market · ~1.4k residents

  2. Driver

    NT · 0830
    48Average
    Median
    $495k
    5y growth
    6.2%/yr
    BalancedStable but fully priced

  3. Wodonga

    VIC · 3689
    60Strong
    Median
    $485k
    5y growth
    7.9%/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
Geeveston
Driver
Wodonga
Capital growth (5y)
weight 22%
828.2%/yr
626.2%/yr
797.9%/yr
Rental yield
weight 13%
663.3%
743.7%
603.0%
Rental demand
weight 10%
352.6%
502.0%
701.2%
Population growth
weight 12%
313.1%
717.1%
787.8%
Income growth
weight 12%
4411.0%
5614.0%
8822.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
1515% under cap
11% under cap
33% under cap
Supply tightening
weight 8%
40+2.0% YoY
500.0% YoY
90-8.0% YoY

Winner per dimension

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

  1. Geeveston

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

  2. Driver

    1/8
    • Rental yield

  3. Wodonga

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

Why Geeveston

Thin market · ~1.4k residents

8.2%/yr capital growth, 3.3% gross yield.

Drivers
  • Capital growth8.2%/yr
  • Rental yield3.3%
Risks
  • Only 1,431 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·Royal Hobart Hospital — Stage 345.0 kmConstruction · 2026

Why Driver

Stable but fully priced

3.7% gross yield, population +7.1% (5y).

Drivers
  • Rental yield3.7%
  • Population growth+7.1% (5y)
  • Capital growth6.2%/yr
Risks
  • At top of budget (99% of cap)
  • No major construction project in this state

Why Wodonga

Stable but fully priced

listings tightening 8.0% YoY, incomes +22.0% (5y).

Drivers
  • Supply tightening-8.0% YoY
  • Income growth+22.0% (5y)
  • Capital growth7.9%/yr
  • Population growth+7.8% (5y)
Risks
  • At top of budget (97% of cap)
  • No major construction project in this state

Construction ·North East Link — Bulleen243.4 kmConstruction · 2028