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Adventure Bay vs Elliott

Property investment comparison - Adventure Bay, TAS 7150 vs Elliott, TAS 7325

Head-to-head across core investment metrics: Adventure Bay wins 3, Elliott 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.

MetricAdventure BayElliott
Median house price$700K-
Median unit price$350K$400K
Gross rental yield (houses)2.71%2.16%
Gross rental yield (units)4.79%5.12%
1-year house growth+4.7%estimate-
3-year house growth--
Vacancy rate4.5%6.6%
Population218355

Adventure Bay vs Elliott: what the numbers say

For units, Adventure Bay sits at a median of $350K against $400K in Elliott, which makes Adventure Bay the more affordable unit market and Elliott the pricier one.

On cash flow, Adventure Bay leads: houses there return a gross rental yield of 2.71%, compared with 2.16% in Elliott, a gap of 0.55 percentage points.

Rental vacancy is 4.5% in Adventure Bay and 6.6% in Elliott, so landlords in Adventure Bay face less competition for tenants.

Elliott is the bigger suburb, with a population of 355 against 218, larger than Adventure Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Adventure Bay for rental income, Adventure 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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