Back to results

Punchbowl vs Warrane vs Wodonga — 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. Punchbowl

    TAS · 7249
    44Below trend
    Median
    $565k
    5y growth
    6.3%/yr
    BalancedStable entry point

  2. Warrane

    TAS · 7018
    48Average
    Median
    $645k
    5y growth
    7.2%/yr
    GrowthGrowth-led, low cashflow

  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
Punchbowl
Warrane
Wodonga
Capital growth (5y)
weight 22%
636.3%/yr
727.2%/yr
797.9%/yr
Rental yield
weight 13%
512.6%
482.4%
603.0%
Rental demand
weight 10%
551.8%
681.3%
701.2%
Population growth
weight 12%
313.1%
313.1%
787.8%
Income growth
weight 12%
5213.0%
5614.0%
8822.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
3737% under cap
2828% under cap
4646% under cap
Supply tightening
weight 8%
60-2.0% YoY
75-5.0% YoY
90-8.0% YoY

Winner per dimension

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

  1. Punchbowl

    0/8

    No outright lead on any single dimension.

  2. Warrane

    0/8

    No outright lead on any single dimension.

  3. Wodonga

    7/8
    • Capital growth (5y)
    • Rental yield
    • Rental demand
    • Population growth
    • Income growth
    • Affordability
    • Supply tightening

Why Punchbowl

Stable entry point

6.3%/yr capital growth, tight 1.8% vacancy.

Drivers
  • Capital growth6.3%/yr
  • Supply tightening-2.0% YoY
Risks
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus5.4 kmRecently completed · 2024

Why Warrane

Growth-led, low cashflow

listings tightening 5.0% YoY, 7.2%/yr capital growth.

Drivers
  • Supply tightening-5.0% YoY
  • Capital growth7.2%/yr
  • Tight rentals1.3%
Risks
  • Thin gross yield (2.4%)
  • No major construction project in this state

Construction ·Macquarie Point Stadium3.8 kmPlanned · 2029

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