Adventure Bay vs Ridgley
Property investment comparison - Adventure Bay, TAS 7150 vs Ridgley, TAS 7321
Head-to-head across core investment metrics: Adventure Bay wins 3, Ridgley 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.
| Metric | Adventure Bay | Ridgley |
|---|---|---|
| Median house price | $700K | - |
| Median unit price | $350K | $485K |
| Gross rental yield (houses) | 2.71% | 2.64% |
| Gross rental yield (units) | 4.79% | 3.50% |
| 1-year house growth | +4.7%estimate | +5.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 4.5% | 3.8% |
| Population | 218 | 645 |
Adventure Bay vs Ridgley: what the numbers say
For units, Adventure Bay sits at a median of $350K against $485K in Ridgley, which makes Adventure Bay the more affordable unit market and Ridgley the pricier one.
On cash flow, Adventure Bay leads: houses there return a gross rental yield of 2.71%, compared with 2.64% in Ridgley, a gap of 0.07 percentage points.
Over the past year house prices moved +4.7% in Adventure Bay (an estimate) and +5.2% in Ridgley (an estimate), so recent momentum favours Ridgley, although both suburbs recorded growth.
Rental vacancy is 3.8% in Ridgley and 4.5% in Adventure Bay, so landlords in Ridgley face less competition for tenants.
Ridgley is the bigger suburb, with a population of 645 against 218, roughly 3.0 times the size of Adventure Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Adventure Bay for rental income, Ridgley for recent price momentum, Ridgley 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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