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Morwell vs Kangaroo Flat vs Ivanhoe East — which is best for infrastructure?

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. Morwell

    VIC · 3840
    58Average
    Median
    $314k
    5y growth
    11.9%/yr
    GrowthStable entry · room to scale

  2. Kangaroo Flat

    VIC · 3555
    54Average
    Median
    $555k
    5y growth
    10.3%/yr
    GrowthStable entry point

  3. Ivanhoe East

    VIC · 3079
    57Average
    Median
    $828k
    5y growth
    1.2%/yr
    YieldStable but fully priced

Metric breakdown

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

Metric · weight
Morwell
Kangaroo Flat
Ivanhoe East
Capital growth (5y)
weight 22%
10011.9%/yr
10010.3%/yr
121.2%/yr
Rental yield
weight 13%
713.6%
532.7%
572.8%
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%
6817.0%
Construction pipeline
weight 15%
0–
0–
100$11.0bn
Affordability
weight 8%
6565% under cap
3838% under cap
88% under cap
Supply tightening
weight 8%
25+5.0% YoY
25+5.0% YoY
85-7.0% YoY

Winner per dimension

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

  1. Morwell

    2/8
    • Rental yield
    • Affordability

  2. Kangaroo Flat

    0/8

    No outright lead on any single dimension.

  3. Ivanhoe East

    4/8
    • Rental demand
    • Income growth
    • Construction pipeline
    • Supply tightening

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%
  • Budget headroom65% under cap
Risks
  • No major construction project in this state

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

Why Kangaroo Flat

Stable entry point

10.3%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth10.3%/yr
  • Population growth+7.8% (5y)
Risks
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub123.5 kmApproved · 2033

Why Ivanhoe East

Stable but fully priced

$11.0bn pipeline incl. North East Link — Bulleen, listings tightening 7.0% YoY.

Drivers
  • Infrastructure pipeline$11.0bn nearby
  • Supply tightening-7.0% YoY
  • Population growth+7.8% (5y)
  • Income growth+17.0% (5y)
Risks
  • At top of budget (92% of cap)
  • Modest 5y growth (1.2%/yr)

Construction ·North East Link — Bulleen0.9 kmConstruction · 2028