Hindmarsh · 3393 · 287 km from Melbourne CBD

Warracknabeal, VIC

15.9%/yr capital growth, 84% under your cap.

NextSuburb scoreTier C
42Below trend
Median house
$247k
5y growth
15.9%/yr
Gross yield
3.8%
Vacancy
2.4%
Thin market · ~2k residentsLow confidence
Thin marketSmall sample sizes (~19 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

About Warracknabeal

Warracknabeal (Hindmarsh, VIC) is approximately 287 km north-west of the Melbourne CBD. Over the last five years house prices have compounded at 15.9%/yr; gross yield is currently ~3.8% and vacancy 2.4%. Population has grown 7.8% over five years and household income 13.0%, both factored into the 42/100 NextSuburb score.

Eight-signal breakdown

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

  • Capital growth (5y)15.9%/yr
    100/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+5.0% YoY
    25/100
  • Rental yield3.8%
    76/100
  • Rental demand2.4% vacancy
    40/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability84% under cap
    84/100

Why this score

Warracknabeal scores 42/100 (Below trend). The two strongest signals: 15.9%/yr capital growth over five years and 7.8% population growth over five years. The standout watch-out: population of 2,359 makes the market illiquid.

Drivers
  • Capital growth15.9%/yr
  • Budget headroom84% under cap
  • Population growth+7.8% (5y)
  • Rental yield3.8%
Risks
  • Only 2,359 residents — illiquid, slow to sell
  • No major construction project in this state

Nearest infrastructure

Melbourne Airport Rail — Sunshine Hub275.6 km away

Approved · $13.0bn · completion 2033

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

Also consider

Six other VIC suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.

60-month score history

Backfilled — live history begins May 2026
384654Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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