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Wanguri vs Parap vs Springfield Lakes — 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. Wanguri

    NT · 0810
    45Average
    Median
    $595k
    5y growth
    4.8%/yr
    YieldStable entry point
  2. Parap

    NT · 0820
    36Below trend
    Median
    $845k
    5y growth
    3.4%/yr
    BalancedStable but fully priced
  3. Springfield Lakes

    QLD · 4300
    65Strong
    Median
    $745k
    5y growth
    13.5%/yr
    GrowthStable entry point

Metric breakdown

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

Metric · weight
Wanguri
Parap
Springfield Lakes
Capital growth (5y)
weight 22%
484.8%/yr
343.4%/yr
10013.5%/yr
Rental yield
weight 13%
723.6%
512.6%
572.9%
Rental demand
weight 10%
452.2%
382.5%
701.2%
Population growth
weight 12%
717.1%
717.1%
10010.0%
Income growth
weight 12%
5213.0%
4812.0%
7218.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
3434% under cap
66% under cap
1717% under cap
Supply tightening
weight 8%
45+1.0% YoY
40+2.0% YoY
85-7.0% YoY

Winner per dimension

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

  1. Wanguri

    2/8
    • Rental yield
    • Affordability
  2. Parap

    0/8

    No outright lead on any single dimension.

  3. Springfield Lakes

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

Why Wanguri

Stable entry point

3.6% gross yield, population +7.1% (5y).

Drivers
  • Rental yield3.6%
  • Population growth+7.1% (5y)
Risks
  • No major construction project in this state

Why Parap

Stable but fully priced

population +7.1% (5y), 2.6% gross yield.

Drivers
  • Population growth+7.1% (5y)
Risks
  • At top of budget (94% of cap)
  • Modest 5y growth (3.4%/yr)

Why Springfield Lakes

Stable entry point

13.5%/yr capital growth, population +10.0% (5y).

Drivers
  • Capital growth13.5%/yr
  • Population growth+10.0% (5y)
  • Supply tightening-7.0% YoY
  • Income growth+18.0% (5y)
Risks
  • No major construction project in this state

Construction ·Cross River Rail — Boggo Road22.7 kmConstruction · 2026