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Parkville vs Wodonga vs Moe — 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. Parkville

    VIC · 3052
    47Average
    Median
    $568k
    5y growth
    1.7%/yr
    YieldStable entry point
  2. Wodonga

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

    VIC · 3825
    57Average
    Median
    $339k
    5y growth
    10.1%/yr
    GrowthStable entry · room to scale

Metric breakdown

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

Metric · weight
Parkville
Wodonga
Moe
Capital growth (5y)
weight 22%
171.7%/yr
797.9%/yr
10010.1%/yr
Rental yield
weight 13%
733.6%
603.0%
613.1%
Rental demand
weight 10%
402.4%
701.2%
402.4%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
5213.0%
8822.0%
5213.0%
Construction pipeline
weight 15%
60$3.0bn
0
0
Affordability
weight 8%
3737% under cap
4646% under cap
6262% under cap
Supply tightening
weight 8%
25+5.0% YoY
90-8.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Parkville

    2/8
    • Rental yield
    • Construction pipeline
  2. Wodonga

    3/8
    • Rental demand
    • Income growth
    • Supply tightening
  3. Moe

    2/8
    • Capital growth (5y)
    • Affordability

Why Parkville

Stable entry point

population +7.8% (5y), 3.6% gross yield.

Drivers
  • Population growth+7.8% (5y)
  • Rental yield3.6%
Risks
  • Modest 5y growth (1.7%/yr)

Construction ·Metro Tunnel — Parkville Station0.9 kmRecently completed · 2025

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

Why Moe

Stable entry · room to scale

10.1%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth10.1%/yr
  • Population growth+7.8% (5y)
  • Budget headroom62% under cap
  • Rental yield3.1%
Risks
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Glen Waverley101.9 kmConstruction · 2035