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Cannington vs Salisbury vs Ararat — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $700kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Cannington

    WA · 6107
    61Strong
    Median
    $695k
    5y growth
    10.8%/yr
    GrowthStable but fully priced

  2. Salisbury

    SA · 5108
    57Average
    Median
    $545k
    5y growth
    10.8%/yr
    GrowthGrowth-led, low cashflow

  3. Ararat

    VIC · 3377
    56Average
    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
Cannington
Salisbury
Ararat
Capital growth (5y)
weight 22%
10010.8%/yr
10010.8%/yr
898.9%/yr
Rental yield
weight 13%
522.6%
502.5%
793.9%
Rental demand
weight 10%
701.2%
681.3%
402.4%
Population growth
weight 12%
10012.6%
656.5%
787.8%
Income growth
weight 12%
6416.0%
5614.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
11% under cap
2222% under cap
5353% under cap
Supply tightening
weight 8%
70-4.0% YoY
75-5.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Cannington

    3/8
    • Rental demand
    • Population growth
    • Income growth

  2. Salisbury

    1/8
    • Supply tightening

  3. Ararat

    2/8
    • Rental yield
    • Affordability

Why Cannington

Stable but fully priced

10.8%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth10.8%/yr
  • Population growth+12.6% (5y)
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • At top of budget (99% of cap)
  • No major construction project in this state

Why Salisbury

Growth-led, low cashflow

10.8%/yr capital growth, listings tightening 5.0% YoY.

Drivers
  • Capital growth10.8%/yr
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Population growth+6.5% (5y)
Risks
  • Thin gross yield (2.5%)
  • 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