Alonnah vs Warrane
Property investment comparison - Alonnah, TAS 7150 vs Warrane, TAS 7018
Head-to-head across core investment metrics: Alonnah wins 2, Warrane 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 | Alonnah | Warrane |
|---|---|---|
| Median house price | $650K | $650K |
| Median unit price | $415K | $570K |
| Gross rental yield (houses) | - | 4.60% |
| Gross rental yield (units) | - | 4.70% |
| 1-year house growth | +6.3% | +18.0% |
| 3-year house growth | +19.0% | +7.5% |
| Vacancy rate | 2.4% | 1.0% |
| Population | 164 | 2,695 |
Alonnah vs Warrane: what the numbers say
Houses cost about the same in both suburbs: the median house price is $650K in Alonnah and $650K in Warrane.
For units, Alonnah sits at a median of $415K against $570K in Warrane, which makes Alonnah the more affordable unit market and Warrane the pricier one.
Over the past year house prices moved +6.3% in Alonnah and +18.0% in Warrane, so recent momentum favours Warrane, although both suburbs recorded growth.
Looking back three years, Alonnah houses are +19.0% and Warrane houses +7.5%, so Alonnah has compounded faster than Warrane over the longer window.
Rental vacancy is 1.0% in Warrane and 2.4% in Alonnah, so landlords in Warrane face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Warrane is the bigger suburb, with a population of 2,695 against 164, roughly 16 times the size of Alonnah; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Warrane for recent price momentum, Warrane 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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