Surf Coast · 3227

Connewarre, VIC

population +7.8% (5y), 6.0%/yr capital growth.

NextSuburb scoreTier D
21Below trend
Median house
$1.80M
5y growth
6.0%/yr
Gross yield
1.1%
Vacancy
2.4%
Thin market · ~1.0k residentsLow confidence
Thin marketSmall sample sizes (~8 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)6.0%/yr
    60/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+5.0% YoY
    25/100
  • Rental yield1.1%
    21/100
  • Rental demand2.4% vacancy
    40/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordabilityabove cap
    0/100

Why this score

Connewarre scores 21/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 6.0%/yr capital growth over five years. The standout watch-out: population of 953 makes the market illiquid.

Drivers
  • Population growth+7.8% (5y)
  • Capital growth6.0%/yr
Risks
  • Only 953 residents — illiquid, slow to sell
  • At top of budget (120% of cap)

Nearest infrastructure

Suburban Rail Loop East — Cheltenham61.7 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
81930Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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