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Adventure Bay vs Preolenna

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

Head-to-head across core investment metrics: Adventure Bay wins 0, Preolenna 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 BayPreolenna
Median house price$700K-
Median unit price$350K-
Gross rental yield (houses)2.71%3.92%
Gross rental yield (units)4.79%-
1-year house growth+4.7%estimate-
3-year house growth--
Vacancy rate4.5%3.0%
Population21858

Adventure Bay vs Preolenna: what the numbers say

On cash flow, Preolenna leads: houses there return a gross rental yield of 3.92%, compared with 2.71% in Adventure Bay, a gap of 1.21 percentage points.

Rental vacancy is 3.0% in Preolenna and 4.5% in Adventure Bay, so landlords in Preolenna face less competition for tenants.

Adventure Bay is the bigger suburb, with a population of 218 against 58, roughly 3.8 times the size of Preolenna; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Preolenna for rental income, Preolenna 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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