Adventure Bay vs Penna
Property investment comparison - Adventure Bay, TAS 7150 vs Penna, TAS 7171
Head-to-head across core investment metrics: Adventure Bay wins 3, Penna 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.
| Metric | Adventure Bay | Penna |
|---|---|---|
| Median house price | $700K | - |
| Median unit price | $350K | $530K |
| Gross rental yield (houses) | 2.71% | 3.47% |
| Gross rental yield (units) | 4.79% | 4.55% |
| 1-year house growth | +4.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 4.5% | 5.4% |
| Population | 218 | 437 |
Adventure Bay vs Penna: what the numbers say
For units, Adventure Bay sits at a median of $350K against $530K in Penna, which makes Adventure Bay the more affordable unit market and Penna the pricier one.
On cash flow, Penna leads: houses there return a gross rental yield of 3.47%, compared with 2.71% in Adventure Bay, a gap of 0.76 percentage points.
Rental vacancy is 4.5% in Adventure Bay and 5.4% in Penna, so landlords in Adventure Bay face less competition for tenants.
Penna is the bigger suburb, with a population of 437 against 218, roughly 2.0 times the size of Adventure Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Penna 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.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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