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Driver vs Red Cliffs vs Frankston North — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $600kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Driver

    NT · 0830
    49Average
    Median
    $495k
    5y growth
    6.2%/yr
    BalancedStable entry point
  2. Red Cliffs

    VIC · 3496
    54Average
    Median
    $400k
    5y growth
    13.0%/yr
    GrowthStable entry point
  3. Frankston North

    VIC · 3200
    53Average
    Median
    $591k
    5y growth
    6.9%/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
Driver
Red Cliffs
Frankston North
Capital growth (5y)
weight 22%
626.2%/yr
10013.0%/yr
696.9%/yr
Rental yield
weight 13%
743.7%
623.1%
552.8%
Rental demand
weight 10%
502.0%
402.4%
681.3%
Population growth
weight 12%
717.1%
787.8%
787.8%
Income growth
weight 12%
5614.0%
5213.0%
6416.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
1818% under cap
3333% under cap
22% under cap
Supply tightening
weight 8%
500.0% YoY
25+5.0% YoY
80-6.0% YoY

Winner per dimension

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

  1. Driver

    1/8
    • Rental yield
  2. Red Cliffs

    2/8
    • Capital growth (5y)
    • Affordability
  3. Frankston North

    3/8
    • Rental demand
    • Income growth
    • Supply tightening

Why Driver

Stable entry point

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

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

Why Red Cliffs

Stable entry point

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

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

Construction ·Melbourne Airport Rail — Sunshine Hub454.0 kmApproved · 2033

Why Frankston North

Stable but fully priced

listings tightening 6.0% YoY, population +7.8% (5y).

Drivers
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Capital growth6.9%/yr
  • Tight rentals1.3%
Risks
  • At top of budget (99% of cap)
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Cheltenham19.7 kmConstruction · 2035