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Adventure Bay vs Ocean Vista

Property investment comparison - Adventure Bay, TAS 7150 vs Ocean Vista, TAS 7320

Head-to-head across core investment metrics: Adventure Bay wins 1, Ocean Vista 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.

MetricAdventure BayOcean Vista
Median house price$700K-
Median unit price$350K$445K
Gross rental yield (houses)2.71%3.51%
Gross rental yield (units)4.79%4.81%
1-year house growth+4.7%estimate-
3-year house growth--
Vacancy rate4.5%2.5%
Population218322

Adventure Bay vs Ocean Vista: what the numbers say

For units, Adventure Bay sits at a median of $350K against $445K in Ocean Vista, which makes Adventure Bay the more affordable unit market and Ocean Vista the pricier one.

On cash flow, Ocean Vista leads: houses there return a gross rental yield of 3.51%, compared with 2.71% in Adventure Bay, a gap of 0.80 percentage points.

Rental vacancy is 2.5% in Ocean Vista and 4.5% in Adventure Bay, so landlords in Ocean Vista face less competition for tenants.

Ocean Vista is the bigger suburb, with a population of 322 against 218, larger than Adventure Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ocean Vista for rental income, Ocean Vista 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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