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Austins Ferry vs Bicheno

Property investment comparison - Austins Ferry, TAS 7011 vs Bicheno, TAS 7215

Head-to-head across core investment metrics: Austins Ferry wins 3, Bicheno 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.

MetricAustins FerryBicheno
Median house price$735K$750K
Median unit price--
Gross rental yield (houses)4.70%-
Gross rental yield (units)5.08%4.31%
1-year house growth--4.9%
3-year house growth+14.2%+10.8%
Vacancy rate4.3%0.7%
Population2,3951,049

Austins Ferry vs Bicheno: what the numbers say

The median house price is $735K in Austins Ferry and $750K in Bicheno, so Austins Ferry is the cheaper entry point, with Bicheno houses about 2% dearer.

Looking back three years, Austins Ferry houses are +14.2% and Bicheno houses +10.8%, so Austins Ferry has compounded faster than Bicheno over the longer window.

Rental vacancy is 0.7% in Bicheno and 4.3% in Austins Ferry, so landlords in Bicheno face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Austins Ferry is the bigger suburb, with a population of 2,395 against 1,049, roughly 2.3 times the size of Bicheno; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Austins Ferry for a lower purchase price, Bicheno 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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