Driver vs Millner vs Coconut Grove — which is best for yield?

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.

Driver
NT · 0830
50Average
Median
$495k
5y growth
6.2%/yr
BalancedStable entry point
Millner
NT · 0810
42Below trend
Median
$595k
5y growth
4.8%/yr
BalancedStable entry point
Coconut Grove
NT · 0810
39Below trend
Median
$695k
5y growth
4.6%/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

Millner

Coconut Grove

Capital growth (5y)

weight 22%

626.2%/yr

484.8%/yr

464.6%/yr

Rental yield

weight 13%

743.7%

593.0%

452.2%

Rental demand

weight 10%

502.0%

452.2%

Population growth

weight 12%

717.1%

Income growth

weight 12%

5614.0%

5213.0%

Construction pipeline

weight 15%

0–

Affordability

weight 8%

2929% under cap

1515% under cap

11% under cap

Supply tightening

weight 8%

500.0% YoY

45+1.0% YoY

Winner per dimension

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

Driver
6/8
- Capital growth (5y)
- Rental yield
- Rental demand
- Income growth
- Affordability
- Supply tightening
Millner
0/8
No outright lead on any single dimension.
Coconut Grove
0/8
No outright lead on any single dimension.

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 Millner

Stable entry point

population +7.1% (5y), 3.0% gross yield.

Drivers

Population growth+7.1% (5y)

Risks

No major construction project in this state

Why Coconut Grove

Stable but fully priced

population +7.1% (5y), incomes +13.0% (5y).

Drivers

Population growth+7.1% (5y)

Risks

At top of budget (99% of cap)
Thin gross yield (2.2%)