Acacia Hills vs Melrose
Property investment comparison - Acacia Hills, TAS 7306 vs Melrose, TAS 7310
Head-to-head across core investment metrics: Acacia Hills wins 0, Melrose wins 4. 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 | Melrose |
|---|---|---|
| Median house price | $800K | - |
| Median unit price | $420K | $365K |
| Gross rental yield (houses) | 2.96% | 3.18% |
| Gross rental yield (units) | 4.48% | 6.27% |
| 1-year house growth | +7.6% | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 0.8% |
| Population | 729 | 94 |
Acacia Hills vs Melrose: what the numbers say
For units, Acacia Hills sits at a median of $420K against $365K in Melrose, which makes Melrose the more affordable unit market and Acacia Hills the pricier one.
On cash flow, Melrose leads: houses there return a gross rental yield of 3.18%, compared with 2.96% in Acacia Hills, a gap of 0.22 percentage points.
Rental vacancy is 0.8% in Melrose and 0.8% in Acacia Hills, so landlords in Melrose 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 94, roughly 8 times the size of Melrose; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Melrose for rental income, Melrose for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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