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Acacia Hills vs Gray

Property investment comparison - Acacia Hills, TAS 7306 vs Gray, TAS 7215

Head-to-head across core investment metrics: Acacia Hills wins 1, Gray 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.

MetricAcacia HillsGray
Median house price$800K-
Median unit price$420K-
Gross rental yield (houses)2.96%4.39%
Gross rental yield (units)4.48%-
1-year house growth+7.6%-
3-year house growth--
Vacancy rate0.8%2.4%
Population72971

Acacia Hills vs Gray: what the numbers say

On cash flow, Gray leads: houses there return a gross rental yield of 4.39%, compared with 2.96% in Acacia Hills, a gap of 1.43 percentage points.

Rental vacancy is 0.8% in Acacia Hills and 2.4% in Gray, so landlords in Acacia Hills face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Acacia Hills is the bigger suburb, with a population of 729 against 71, roughly 10 times the size of Gray; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gray for rental income, Acacia Hills for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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