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Elizabeth vs Baldivis 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. Elizabeth

    SA · 5112
    59Average
    Median
    $445k
    5y growth
    11.8%/yr
    GrowthStable entry point
  2. Baldivis

    WA · 6171
    62Strong
    Median
    $645k
    5y growth
    12.2%/yr
    GrowthStable but fully priced
  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
Elizabeth
Baldivis
Ararat
Capital growth (5y)
weight 22%
10011.8%/yr
10012.2%/yr
898.9%/yr
Rental yield
weight 13%
542.7%
582.9%
793.9%
Rental demand
weight 10%
681.3%
701.2%
402.4%
Population growth
weight 12%
656.5%
10012.6%
787.8%
Income growth
weight 12%
5614.0%
6416.0%
5213.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
3636% under cap
88% under cap
5353% under cap
Supply tightening
weight 8%
75-5.0% YoY
70-4.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Elizabeth

    1/8
    • Supply tightening
  2. Baldivis

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

    2/8
    • Rental yield
    • Affordability

Why Elizabeth

Stable entry point

11.8%/yr capital growth, listings tightening 5.0% YoY.

Drivers
  • Capital growth11.8%/yr
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Population growth+6.5% (5y)
Risks
  • No major construction project in this state

Why Baldivis

Stable but fully priced

12.2%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth12.2%/yr
  • Population growth+12.6% (5y)
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • At top of budget (92% 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