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Noarlunga vs Midland vs Wodonga — 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. Noarlunga

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

    WA · 6056
    65Strong
    Median
    $545k
    5y growth
    10.5%/yr
    GrowthStable entry point
  3. Wodonga

    VIC · 3689
    63Strong
    Median
    $485k
    5y growth
    7.9%/yr
    BalancedStable entry · room to scale

Metric breakdown

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

Metric · weight
Noarlunga
Midland
Wodonga
Capital growth (5y)
weight 22%
10010.8%/yr
10010.5%/yr
797.9%/yr
Rental yield
weight 13%
884.4%
562.8%
603.0%
Rental demand
weight 10%
701.2%
701.2%
701.2%
Population growth
weight 12%
656.5%
10012.6%
787.8%
Income growth
weight 12%
6015.0%
6416.0%
8822.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
3939% under cap
3939% under cap
4646% under cap
Supply tightening
weight 8%
70-4.0% YoY
70-4.0% YoY
90-8.0% YoY

Winner per dimension

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

  1. Noarlunga

    1/8
    • Rental yield
  2. Midland

    1/8
    • Population growth
  3. Wodonga

    3/8
    • Income growth
    • Affordability
    • Supply tightening

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

Why Midland

Stable entry point

10.5%/yr capital growth, population +12.6% (5y).

Drivers
  • Capital growth10.5%/yr
  • Population growth+12.6% (5y)
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • No major construction project in this state

Why Wodonga

Stable entry · room to scale

listings tightening 8.0% YoY, incomes +22.0% (5y).

Drivers
  • Supply tightening-8.0% YoY
  • Income growth+22.0% (5y)
  • Capital growth7.9%/yr
  • Population growth+7.8% (5y)
Risks
  • No major construction project in this state

Construction ·North East Link — Bulleen243.4 kmConstruction · 2028