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Farrar vs Armadale vs Hamilton — which is best for growth?

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. Farrar

    NT · 0830
    48Average
    Median
    $645k
    5y growth
    6.2%/yr
    BalancedStable but fully priced

  2. Armadale

    WA · 6112
    63Strong
    Median
    $545k
    5y growth
    11.8%/yr
    GrowthStable entry point

  3. Hamilton

    VIC · 3300
    56Average
    Median
    $360k
    5y growth
    11.4%/yr
    GrowthStable entry · room to scale

Metric breakdown

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

Metric · weight
Farrar
Armadale
Hamilton
Capital growth (5y)
weight 22%
626.2%/yr
10011.8%/yr
10011.4%/yr
Rental yield
weight 13%
733.7%
522.6%
683.4%
Rental demand
weight 10%
502.0%
701.2%
402.4%
Population growth
weight 12%
717.1%
10012.6%
787.8%
Income growth
weight 12%
5614.0%
6416.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
88% under cap
2222% under cap
4949% under cap
Supply tightening
weight 8%
500.0% 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. Farrar

    1/8
    • Rental yield

  2. Armadale

    4/8
    • Rental demand
    • Population growth
    • Income growth
    • Supply tightening

  3. Hamilton

    1/8
    • Affordability

Why Farrar

Stable but fully priced

3.7% gross yield, population +7.1% (5y).

Drivers
  • Rental yield3.7%
  • Population growth+7.1% (5y)
  • Capital growth6.2%/yr
Risks
  • At top of budget (92% of cap)
  • No major construction project in this state

Why Armadale

Stable entry point

11.8%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth11.8%/yr
  • Population growth+12.6% (5y)
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • No major construction project in this state

Why Hamilton

Stable entry · room to scale

11.4%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth11.4%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.4%
Risks
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub247.3 kmApproved · 2033