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Hamilton vs Parkville vs Longwarry — 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. Hamilton

    VIC · 3300
    57Average
    Median
    $360k
    5y growth
    11.4%/yr
    GrowthStable entry · room to scale

  2. Parkville

    VIC · 3052
    47Average
    Median
    $568k
    5y growth
    1.7%/yr
    YieldStable entry point

  3. Longwarry

    VIC · 3816
    55Average
    Median
    $550k
    5y growth
    6.3%/yr
    BalancedStable entry point

Metric breakdown

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

Metric · weight
Hamilton
Parkville
Longwarry
Capital growth (5y)
weight 22%
10011.4%/yr
171.7%/yr
636.3%/yr
Rental yield
weight 13%
683.4%
733.6%
623.1%
Rental demand
weight 10%
402.4%
402.4%
681.3%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
5213.0%
5213.0%
6416.0%
Construction pipeline
weight 15%
0–
60$3.0bn
0–
Affordability
weight 8%
6060% under cap
3737% under cap
3939% under cap
Supply tightening
weight 8%
25+5.0% YoY
25+5.0% YoY
80-6.0% YoY

Winner per dimension

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

  1. Hamilton

    2/8
    • Capital growth (5y)
    • Affordability

  2. Parkville

    2/8
    • Rental yield
    • Construction pipeline

  3. Longwarry

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

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%
  • Budget headroom60% under cap
Risks
  • No major construction project in this state

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

Why Parkville

Stable entry point

population +7.8% (5y), 3.6% gross yield.

Drivers
  • Population growth+7.8% (5y)
  • Rental yield3.6%
Risks
  • Modest 5y growth (1.7%/yr)

Construction ·Metro Tunnel — Parkville Station0.9 kmRecently completed · 2025

Why Longwarry

Stable entry point

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

Drivers
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Tight rentals1.3%
  • Income growth+16.0% (5y)
Risks
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Glen Waverley58.6 kmConstruction · 2035