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Parap vs Bakewell vs Alice Springs — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $900kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Parap

    NT · 0820
    36Below trend
    Median
    $845k
    5y growth
    3.4%/yr
    BalancedStable but fully priced

  2. Bakewell

    NT · 0832
    48Average
    Median
    $595k
    5y growth
    5.8%/yr
    BalancedStable entry point

  3. Alice Springs

    NT · 0870
    22Below trend
    Median
    $545k
    5y growth
    4.4%/yr
    BalancedThin market · ~0.2k residents

Metric breakdown

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

Metric · weight
Parap
Bakewell
Alice Springs
Capital growth (5y)
weight 22%
343.4%/yr
585.8%/yr
444.4%/yr
Rental yield
weight 13%
512.6%
663.3%
603.0%
Rental demand
weight 10%
382.5%
502.0%
402.4%
Population growth
weight 12%
717.1%
717.1%
717.1%
Income growth
weight 12%
4812.0%
5614.0%
4010.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
66% under cap
3434% under cap
3939% under cap
Supply tightening
weight 8%
40+2.0% YoY
500.0% YoY
30+4.0% YoY

Winner per dimension

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

  1. Parap

    0/8

    No outright lead on any single dimension.

  2. Bakewell

    5/8
    • Capital growth (5y)
    • Rental yield
    • Rental demand
    • Income growth
    • Supply tightening

  3. Alice Springs

    1/8
    • Affordability

Why Parap

Stable but fully priced

population +7.1% (5y), 2.6% gross yield.

Drivers
  • Population growth+7.1% (5y)
Risks
  • At top of budget (94% of cap)
  • Modest 5y growth (3.4%/yr)

Why Bakewell

Stable entry point

population +7.1% (5y), 3.3% gross yield.

Drivers
  • Population growth+7.1% (5y)
  • Rental yield3.3%
Risks
  • No major construction project in this state

Why Alice Springs

Thin market · ~0.2k residents

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

Drivers
  • Population growth+7.1% (5y)
Risks
  • Only 231 residents — illiquid, slow to sell
  • No major construction project in this state