Back to results

Kerang vs Moe vs Wodonga — which is best for rental demand?

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. Kerang

    VIC · 3579
    50Average
    Median
    $265k
    5y growth
    9.3%/yr
    BalancedThin market · ~4k residents

  2. Moe

    VIC · 3825
    55Average
    Median
    $339k
    5y growth
    10.1%/yr
    GrowthStable entry · room to scale

  3. Wodonga

    VIC · 3689
    61Strong
    Median
    $485k
    5y growth
    7.9%/yr
    BalancedStable entry point

Metric breakdown

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

Metric · weight
Kerang
Moe
Wodonga
Capital growth (5y)
weight 22%
939.3%/yr
10010.1%/yr
797.9%/yr
Rental yield
weight 13%
783.9%
613.1%
603.0%
Rental demand
weight 10%
402.4%
402.4%
701.2%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
5213.0%
5213.0%
8822.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
5656% under cap
4444% under cap
1919% under cap
Supply tightening
weight 8%
25+5.0% YoY
25+5.0% YoY
90-8.0% YoY

Winner per dimension

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

  1. Kerang

    2/8
    • Rental yield
    • Affordability

  2. Moe

    1/8
    • Capital growth (5y)

  3. Wodonga

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

Why Kerang

Thin market · ~4k residents

9.3%/yr capital growth, 3.9% gross yield.

Drivers
  • Capital growth9.3%/yr
  • Rental yield3.9%
  • Population growth+7.8% (5y)
Risks
  • Only 3,960 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub241.3 kmApproved · 2033

Why Moe

Stable entry · room to scale

10.1%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth10.1%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.1%
Risks
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Glen Waverley101.9 kmConstruction · 2035

Why Wodonga

Stable entry point

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
  • No major construction project in this state

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