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Adventure Bay vs Lune River

Property investment comparison - Adventure Bay, TAS 7150 vs Lune River, TAS 7109

Head-to-head across core investment metrics: Adventure Bay wins 1, Lune River 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 BayLune River
Median house price$700K-
Median unit price$350K$375K
Gross rental yield (houses)2.71%-
Gross rental yield (units)4.79%7.19%
1-year house growth+4.7%estimate-
3-year house growth--
Vacancy rate4.5%0.1%
Population21838

Adventure Bay vs Lune River: what the numbers say

For units, Adventure Bay sits at a median of $350K against $375K in Lune River, which makes Adventure Bay the more affordable unit market and Lune River the pricier one.

Rental vacancy is 0.1% in Lune River and 4.5% in Adventure Bay, so landlords in Lune River face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Adventure Bay is the bigger suburb, with a population of 218 against 38, roughly 6 times the size of Lune River; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lune River 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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