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Mowbray vs Rockingham vs Noarlunga — 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. Mowbray

    TAS · 7248
    46Average
    Median
    $495k
    5y growth
    6.6%/yr
    BalancedStable entry · room to scale
  2. Rockingham

    WA · 6168
    64Strong
    Median
    $595k
    5y growth
    11.4%/yr
    GrowthStable entry point
  3. Noarlunga

    SA · 5168
    64Strong
    Median
    $545k
    5y growth
    10.8%/yr
    BalancedStable entry point

Metric breakdown

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

Metric · weight
Mowbray
Rockingham
Noarlunga
Capital growth (5y)
weight 22%
666.6%/yr
10011.4%/yr
10010.8%/yr
Rental yield
weight 13%
613.0%
522.6%
884.4%
Rental demand
weight 10%
551.8%
701.2%
701.2%
Population growth
weight 12%
313.1%
10012.6%
656.5%
Income growth
weight 12%
5213.0%
6416.0%
6015.0%
Construction pipeline
weight 15%
1$0.0bn
0
0
Affordability
weight 8%
4545% under cap
3434% under cap
3939% under cap
Supply tightening
weight 8%
60-2.0% YoY
70-4.0% YoY
70-4.0% YoY

Winner per dimension

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

  1. Mowbray

    2/8
    • Construction pipeline
    • Affordability
  2. Rockingham

    2/8
    • Population growth
    • Income growth
  3. Noarlunga

    1/8
    • Rental yield

Why Mowbray

Stable entry · room to scale

6.6%/yr capital growth, 3.0% gross yield. Plenty of room under your cap if you want to stretch.

Drivers
  • Capital growth6.6%/yr
  • Rental yield3.0%
  • Supply tightening-2.0% YoY
Risks

No material risk flags raised by the model.

Construction ·UTAS Launceston Inveresk Campus1.3 kmRecently completed · 2024

Why Rockingham

Stable entry point

11.4%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth11.4%/yr
  • Population growth+12.6% (5y)
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • No major construction project in this state

Why Noarlunga

Stable entry point

10.8%/yr capital growth, 4.4% gross yield.

Drivers
  • Capital growth10.8%/yr
  • Rental yield4.4%
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • No major construction project in this state