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Warrane vs Morwell 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. Warrane

    TAS · 7018
    46Average
    Median
    $645k
    5y growth
    7.2%/yr
    GrowthStable but fully priced

  2. Morwell

    VIC · 3840
    57Average
    Median
    $314k
    5y growth
    11.9%/yr
    GrowthStable entry · room to scale

  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
Warrane
Morwell
Hamilton
Capital growth (5y)
weight 22%
727.2%/yr
10011.9%/yr
10011.4%/yr
Rental yield
weight 13%
482.4%
713.6%
683.4%
Rental demand
weight 10%
681.3%
402.4%
402.4%
Population growth
weight 12%
313.1%
787.8%
787.8%
Income growth
weight 12%
5614.0%
5213.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
88% under cap
5555% under cap
4949% under cap
Supply tightening
weight 8%
75-5.0% YoY
25+5.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Warrane

    3/8
    • Rental demand
    • Income growth
    • Supply tightening

  2. Morwell

    2/8
    • Rental yield
    • Affordability

  3. Hamilton

    0/8

    No outright lead on any single dimension.

Why Warrane

Stable but fully priced

listings tightening 5.0% YoY, 7.2%/yr capital growth.

Drivers
  • Supply tightening-5.0% YoY
  • Capital growth7.2%/yr
  • Tight rentals1.3%
Risks
  • At top of budget (92% of cap)
  • Thin gross yield (2.4%)

Construction ·Macquarie Point Stadium3.8 kmPlanned · 2029

Why Morwell

Stable entry · room to scale

11.9%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth11.9%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.6%
Risks
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Glen Waverley116.0 kmConstruction · 2035

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