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Midland vs Ararat — 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. Midland

    WA · 6056
    62Strong
    Median
    $545k
    5y growth
    10.5%/yr
    GrowthStable but fully priced
  2. Ararat

    VIC · 3377
    55Average
    Median
    $330k
    5y growth
    8.9%/yr
    BalancedStable entry · room to scale

Metric breakdown

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

Metric · weight
Midland
Ararat
Capital growth (5y)
weight 22%
10010.5%/yr
898.9%/yr
Rental yield
weight 13%
562.8%
793.9%
Rental demand
weight 10%
701.2%
402.4%
Population growth
weight 12%
10012.6%
787.8%
Income growth
weight 12%
6416.0%
5213.0%
Construction pipeline
weight 15%
0
0
Affordability
weight 8%
99% under cap
4545% under cap
Supply tightening
weight 8%
70-4.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Midland

    5/8
    • Capital growth (5y)
    • Rental demand
    • Population growth
    • Income growth
    • Supply tightening
  2. Ararat

    2/8
    • Rental yield
    • Affordability

Why Midland

Stable but fully priced

10.5%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth10.5%/yr
  • Population growth+12.6% (5y)
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • At top of budget (91% of cap)
  • No major construction project in this state

Why Ararat

Stable entry · room to scale

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