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Morley vs Springfield Lakes vs Armadale — which is best for yield?

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. Morley

    WA · 6062
    66Strong
    Median
    $745k
    5y growth
    10.4%/yr
    GrowthStable entry point
  2. Springfield Lakes

    QLD · 4300
    65Strong
    Median
    $745k
    5y growth
    13.5%/yr
    GrowthStable entry point
  3. Armadale

    WA · 6112
    64Strong
    Median
    $545k
    5y growth
    11.8%/yr
    GrowthStable entry point

Metric breakdown

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

Metric · weight
Morley
Springfield Lakes
Armadale
Capital growth (5y)
weight 22%
10010.4%/yr
10013.5%/yr
10011.8%/yr
Rental yield
weight 13%
502.5%
572.9%
522.6%
Rental demand
weight 10%
751.0%
701.2%
701.2%
Population growth
weight 12%
10012.6%
10010.0%
10012.6%
Income growth
weight 12%
7218.0%
7218.0%
6416.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
1717% under cap
1717% under cap
3939% under cap
Supply tightening
weight 8%
95-9.0% YoY
85-7.0% YoY
70-4.0% YoY

Winner per dimension

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

  1. Morley

    2/8
    • Rental demand
    • Supply tightening
  2. Springfield Lakes

    1/8
    • Rental yield
  3. Armadale

    1/8
    • Affordability

Why Morley

Stable entry point

10.4%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth10.4%/yr
  • Population growth+12.6% (5y)
  • Supply tightening-9.0% YoY
  • Tight rentals1.0%
Risks
  • No major construction project in this state

Why Springfield Lakes

Stable entry point

13.5%/yr capital growth, population +10.0% (5y).

Drivers
  • Capital growth13.5%/yr
  • Population growth+10.0% (5y)
  • Supply tightening-7.0% YoY
  • Income growth+18.0% (5y)
Risks
  • No major construction project in this state

Construction ·Cross River Rail — Boggo Road22.7 kmConstruction · 2026

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