Bells Parade vs Cambridge
Property investment comparison - Bells Parade, TAS 7307 vs Cambridge, TAS 7170
Head-to-head across core investment metrics: Bells Parade wins 2, Cambridge 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.
| Metric | Bells Parade | Cambridge |
|---|---|---|
| Median house price | $895K | $890K |
| Median unit price | $590K | - |
| Gross rental yield (houses) | 3.91% | 3.68% |
| Gross rental yield (units) | 4.63% | 3.45% |
| 1-year house growth | - | +11.2% |
| 3-year house growth | - | +6.9% |
| Vacancy rate | 0.8% | 0.8% |
| Population | 11,849 | 1,454 |
Bells Parade vs Cambridge: what the numbers say
The median house price is $895K in Bells Parade and $890K in Cambridge, so Cambridge is the cheaper entry point, with Bells Parade houses about 1% dearer.
On cash flow, Bells Parade leads: houses there return a gross rental yield of 3.91%, compared with 3.68% in Cambridge, a gap of 0.23 percentage points.
Rental vacancy is the same in both, at 0.8%.
Bells Parade is the bigger suburb, with a population of 11,849 against 1,454, roughly 8 times the size of Cambridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bells Parade for rental income, Cambridge for a lower purchase price. 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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