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Wynyard vs Morphett Vale vs Junction Village — which is best for rental demand?

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. Wynyard

    TAS · 7325
    44Below trend
    Median
    $445k
    5y growth
    7.2%/yr
    GrowthStable entry · room to scale
  2. Morphett Vale

    SA · 5162
    59Average
    Median
    $595k
    5y growth
    10.5%/yr
    GrowthStable entry point
  3. Junction Village

    VIC · 3977
    65Strong
    Median
    $480k
    5y growth
    12.4%/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
Wynyard
Morphett Vale
Junction Village
Capital growth (5y)
weight 22%
727.2%/yr
10010.5%/yr
10012.4%/yr
Rental yield
weight 13%
522.6%
522.6%
713.5%
Rental demand
weight 10%
402.4%
701.2%
681.3%
Population growth
weight 12%
313.1%
656.5%
787.8%
Income growth
weight 12%
4812.0%
6015.0%
6416.0%
Construction pipeline
weight 15%
0
0
0
Affordability
weight 8%
5151% under cap
3434% under cap
4747% under cap
Supply tightening
weight 8%
500.0% YoY
70-4.0% YoY
80-6.0% YoY

Winner per dimension

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

  1. Wynyard

    1/8
    • Affordability
  2. Morphett Vale

    1/8
    • Rental demand
  3. Junction Village

    4/8
    • Rental yield
    • Population growth
    • Income growth
    • Supply tightening

Why Wynyard

Stable entry · room to scale

7.2%/yr capital growth, 2.6% gross yield.

Drivers
  • Capital growth7.2%/yr
Risks
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus127.2 kmRecently completed · 2024

Why Morphett Vale

Stable entry point

10.5%/yr capital growth, tight 1.2% vacancy.

Drivers
  • Capital growth10.5%/yr
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
  • Population growth+6.5% (5y)
Risks
  • No major construction project in this state

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