Back to results

Macgregor vs Joondalup vs Albion — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $800kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Macgregor

    ACT · 2615
    58Average
    Median
    $695k
    5y growth
    8.2%/yr
    BalancedStable entry point

  2. Joondalup

    WA · 6027
    61Strong
    Median
    $745k
    5y growth
    10.8%/yr
    GrowthStable but fully priced

  3. Albion

    VIC · 3020
    47Average
    Median
    $713k
    5y growth
    1.1%/yr
    BalancedLate-cycle hold

Metric breakdown

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

Metric · weight
Macgregor
Joondalup
Albion
Capital growth (5y)
weight 22%
828.2%/yr
10010.8%/yr
111.1%/yr
Rental yield
weight 13%
693.5%
502.5%
442.2%
Rental demand
weight 10%
651.4%
701.2%
651.4%
Population growth
weight 12%
919.1%
10012.6%
787.8%
Income growth
weight 12%
6416.0%
6416.0%
6416.0%
Construction pipeline
weight 15%
0–
0–
52$2.6bn
Affordability
weight 8%
1313% under cap
77% under cap
1111% under cap
Supply tightening
weight 8%
65-3.0% YoY
70-4.0% YoY
80-6.0% YoY

Winner per dimension

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

  1. Macgregor

    2/8
    • Rental yield
    • Affordability

  2. Joondalup

    3/8
    • Capital growth (5y)
    • Rental demand
    • Population growth

  3. Albion

    2/8
    • Construction pipeline
    • Supply tightening

Why Macgregor

Stable entry point

population +9.1% (5y), 8.2%/yr capital growth.

Drivers
  • Population growth+9.1% (5y)
  • Capital growth8.2%/yr
  • Rental yield3.5%
  • Tight rentals1.4%
Risks
  • No major construction project in this state

Why Joondalup

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 (93% of cap)
  • No major construction project in this state

Why Albion

Late-cycle hold

listings tightening 6.0% YoY, population +7.8% (5y).

Drivers
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Tight rentals1.4%
  • Income growth+16.0% (5y)
Risks
  • Thin gross yield (2.2%)
  • Modest 5y growth (1.1%/yr)

Construction ·Melbourne Airport Rail — Sunshine Hub1.9 kmApproved · 2033