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Acton vs Castle Forbes Bay

Property investment comparison - Acton, TAS 7320 vs Castle Forbes Bay, TAS 7116

Head-to-head across core investment metrics: Acton wins 0, Castle Forbes Bay wins 3. 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.

MetricActonCastle Forbes Bay
Median house price$480K-
Median unit price$490K$255K
Gross rental yield (houses)4.90%-
Gross rental yield (units)3.99%4.34%
1-year house growth+21.6%-
3-year house growth+30.3%-
Vacancy rate2.0%0.8%
Population1,377176

Acton vs Castle Forbes Bay: what the numbers say

For units, Acton sits at a median of $490K against $255K in Castle Forbes Bay, which makes Castle Forbes Bay the more affordable unit market and Acton the pricier one.

Rental vacancy is 0.8% in Castle Forbes Bay and 2.0% in Acton, so landlords in Castle Forbes Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Acton is the bigger suburb, with a population of 1,377 against 176, roughly 8 times the size of Castle Forbes Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Castle Forbes Bay 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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