Skip to main content

Adventure Bay vs Charlotte Cove

Property investment comparison - Adventure Bay, TAS 7150 vs Charlotte Cove, TAS 7112

Head-to-head across core investment metrics: Adventure Bay wins 0, Charlotte Cove wins 2. 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.

MetricAdventure BayCharlotte Cove
Median house price$700K-
Median unit price$350K-
Gross rental yield (houses)2.71%3.58%
Gross rental yield (units)4.79%-
1-year house growth+4.7%estimate-
3-year house growth--
Vacancy rate4.5%3.2%
Population21848

Adventure Bay vs Charlotte Cove: what the numbers say

On cash flow, Charlotte Cove leads: houses there return a gross rental yield of 3.58%, compared with 2.71% in Adventure Bay, a gap of 0.87 percentage points.

Rental vacancy is 3.2% in Charlotte Cove and 4.5% in Adventure Bay, so landlords in Charlotte Cove face less competition for tenants.

Adventure Bay is the bigger suburb, with a population of 218 against 48, roughly 4.5 times the size of Charlotte Cove; a larger suburb usually means a deeper pool of buyers and tenants.

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

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison