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Maddingley vs Swan Hill vs Kerang — 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. Maddingley

    VIC · 3340
    50Average
    Median
    $600k
    5y growth
    5.5%/yr
    BalancedStable but fully priced

  2. Swan Hill

    VIC · 3585
    51Average
    Median
    $523k
    5y growth
    12.9%/yr
    GrowthGrowth-led, low cashflow

  3. Kerang

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

Metric breakdown

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

Metric · weight
Maddingley
Swan Hill
Kerang
Capital growth (5y)
weight 22%
555.5%/yr
10012.9%/yr
939.3%/yr
Rental yield
weight 13%
633.2%
472.3%
783.9%
Rental demand
weight 10%
651.4%
402.4%
402.4%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
6416.0%
5213.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
0Over cap
1313% under cap
5656% under cap
Supply tightening
weight 8%
80-6.0% 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. Maddingley

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

  2. Swan Hill

    1/8
    • Capital growth (5y)

  3. Kerang

    2/8
    • Rental yield
    • Affordability

Why Maddingley

Stable but fully priced

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

Drivers
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Tight rentals1.4%
  • Income growth+16.0% (5y)
Risks
  • At top of budget (100% of cap)
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub38.9 kmApproved · 2033

Why Swan Hill

Growth-led, low cashflow

12.9%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth12.9%/yr
  • Population growth+7.8% (5y)
Risks
  • Thin gross yield (2.3%)
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub295.1 kmApproved · 2033

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