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Ambleside vs Lower Wilmot

Property investment comparison - Ambleside, TAS 7310 vs Lower Wilmot, TAS 7310

Head-to-head across core investment metrics: Ambleside wins 2, Lower Wilmot 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.

MetricAmblesideLower Wilmot
Median house price$680K-
Median unit price-$745K
Gross rental yield (houses)4.09%3.34%
Gross rental yield (units)3.41%3.22%
1-year house growth+12.6%estimate-
3-year house growth--
Vacancy rate1.7%0.9%
Population695136

Ambleside vs Lower Wilmot: what the numbers say

On cash flow, Ambleside leads: houses there return a gross rental yield of 4.09%, compared with 3.34% in Lower Wilmot, a gap of 0.75 percentage points.

Rental vacancy is 0.9% in Lower Wilmot and 1.7% in Ambleside, so landlords in Lower Wilmot face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ambleside is the bigger suburb, with a population of 695 against 136, roughly 5 times the size of Lower Wilmot; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ambleside for rental income, Lower Wilmot 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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Ambleside vs Lower Wilmot: Suburb Comparison 2026