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Boat Harbour vs Granton

Property investment comparison - Boat Harbour, TAS 7321 vs Granton, TAS 7030

Head-to-head across core investment metrics: Boat Harbour wins 1, Granton wins 4. 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 HarbourGranton
Median house price$910K$920K
Median unit price$510K-
Gross rental yield (houses)1.98%4.03%
Gross rental yield (units)3.23%5.94%
1-year house growth+6.8%+10.5%estimate
3-year house growth+5.5%-
Vacancy rate4.6%1.5%
Population3391,903

Boat Harbour vs Granton: what the numbers say

The median house price is $910K in Boat Harbour and $920K in Granton, so Boat Harbour is the cheaper entry point, with Granton houses about 1% dearer.

On cash flow, Granton leads: houses there return a gross rental yield of 4.03%, compared with 1.98% in Boat Harbour, a gap of 2.05 percentage points.

Over the past year house prices moved +6.8% in Boat Harbour and +10.5% in Granton (an estimate), so recent momentum favours Granton, although both suburbs recorded growth.

Rental vacancy is 1.5% in Granton and 4.6% in Boat Harbour, so landlords in Granton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Granton is the bigger suburb, with a population of 1,903 against 339, roughly 6 times the size of Boat Harbour; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Granton for rental income, Boat Harbour for a lower purchase price, Granton for recent price momentum, Granton 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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