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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.

MetricAlonnahWarrane
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 rate2.4%1.0%
Population1642,695

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.

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