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Boat Harbour Beach vs Devonport

Property investment comparison - Boat Harbour Beach, TAS 7321 vs Devonport, TAS 7310

Head-to-head across core investment metrics: Boat Harbour Beach wins 0, Devonport wins 3. 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.

MetricBoat Harbour BeachDevonport
Median house price$605K$590K
Median unit price--
Gross rental yield (houses)4.60%4.68%
Gross rental yield (units)2.94%-
1-year house growth-+16.4%
3-year house growth-+24.3%
Vacancy rate4.4%1.4%
Population8914,481

Boat Harbour Beach vs Devonport: what the numbers say

The median house price is $605K in Boat Harbour Beach and $590K in Devonport, so Devonport is the cheaper entry point, with Boat Harbour Beach houses about 3% dearer.

On cash flow, Devonport leads: houses there return a gross rental yield of 4.68%, compared with 4.60% in Boat Harbour Beach, a gap of 0.08 percentage points.

Rental vacancy is 1.4% in Devonport and 4.4% in Boat Harbour Beach, so landlords in Devonport face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Devonport is the bigger suburb, with a population of 14,481 against 89, roughly 163 times the size of Boat Harbour Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Devonport for rental income, Devonport for a lower purchase price, Devonport 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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