Acacia Hills vs Castle Forbes Bay
Property investment comparison - Acacia Hills, TAS 7306 vs Castle Forbes Bay, TAS 7116
Head-to-head across core investment metrics: Acacia Hills wins 2, Castle Forbes Bay wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Acacia Hills | Castle Forbes Bay |
|---|---|---|
| Median house price | $800K | - |
| Median unit price | $420K | $255K |
| Gross rental yield (houses) | 2.96% | - |
| Gross rental yield (units) | 4.48% | 4.34% |
| 1-year house growth | +7.6% | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 0.8% |
| Population | 729 | 176 |
Acacia Hills vs Castle Forbes Bay: what the numbers say
For units, Acacia Hills sits at a median of $420K against $255K in Castle Forbes Bay, which makes Castle Forbes Bay the more affordable unit market and Acacia Hills the pricier one.
Rental vacancy is the same in both, at 0.8%.
Acacia Hills is the bigger suburb, with a population of 729 against 176, roughly 4.1 times the size of Castle Forbes Bay; a larger suburb usually means a deeper pool of buyers and tenants.
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Castle Forbes Bay, TAS 7116
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