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Norwood vs Junction Village vs Deanside — 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. Norwood

    TAS · 7250
    44Below trend
    Median
    $595k
    5y growth
    6.2%/yr
    BalancedStable entry point
  2. Junction Village

    VIC · 3977
    65Strong
    Median
    $480k
    5y growth
    12.4%/yr
    GrowthStable entry · room to scale
  3. Deanside

    VIC · 3336
    62Strong
    Median
    $660k
    5y growth
    14.5%/yr
    GrowthStable entry point

Metric breakdown

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

Metric · weight
Norwood
Junction Village
Deanside
Capital growth (5y)
weight 22%
626.2%/yr
10012.4%/yr
10014.5%/yr
Rental yield
weight 13%
562.8%
713.5%
633.2%
Rental demand
weight 10%
551.8%
681.3%
651.4%
Population growth
weight 12%
313.1%
787.8%
787.8%
Income growth
weight 12%
5213.0%
6416.0%
6416.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
3434% under cap
4747% under cap
2727% under cap
Supply tightening
weight 8%
60-2.0% YoY
80-6.0% YoY
80-6.0% YoY

Winner per dimension

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

  1. Norwood

    0/8

    No outright lead on any single dimension.

  2. Junction Village

    3/8
    • Rental yield
    • Rental demand
    • Affordability
  3. Deanside

    0/8

    No outright lead on any single dimension.

Why Norwood

Stable entry point

6.2%/yr capital growth, 2.8% gross yield.

Drivers
  • Capital growth6.2%/yr
  • Supply tightening-2.0% YoY
Risks
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus4.8 kmRecently completed · 2024

Why Junction Village

Stable entry · room to scale

12.4%/yr capital growth, listings tightening 6.0% YoY.

Drivers
  • Capital growth12.4%/yr
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Rental yield3.5%
Risks
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Cheltenham27.5 kmConstruction · 2035

Why Deanside

Stable entry point

14.5%/yr capital growth, listings tightening 6.0% YoY.

Drivers
  • Capital growth14.5%/yr
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Tight rentals1.4%
Risks
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub16.5 kmApproved · 2033