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Ambleside vs Wilmot

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

Head-to-head across core investment metrics: Ambleside wins 1, Wilmot 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.

MetricAmblesideWilmot
Median house price$680K-
Median unit price-$190K
Gross rental yield (houses)4.09%4.60%
Gross rental yield (units)3.41%-
1-year house growth+12.6%estimate+10.9%
3-year house growth-+29.0%
Vacancy rate1.7%0.7%
Population695287

Ambleside vs Wilmot: what the numbers say

On cash flow, Wilmot leads: houses there return a gross rental yield of 4.60%, compared with 4.09% in Ambleside, a gap of 0.51 percentage points.

Over the past year house prices moved +12.6% in Ambleside (an estimate) and +10.9% in Wilmot, so recent momentum favours Ambleside, although both suburbs recorded growth.

Rental vacancy is 0.7% in Wilmot and 1.7% in Ambleside, so landlords in 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 287, roughly 2.4 times the size of Wilmot; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wilmot for rental income, Ambleside for recent price momentum, 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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