Brooks Bay vs Oakdowns
Property investment comparison - Brooks Bay, TAS 7116 vs Oakdowns, TAS 7019
Head-to-head across core investment metrics: Brooks Bay wins 3, Oakdowns 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.
| Metric | Brooks Bay | Oakdowns |
|---|---|---|
| Median house price | $790K | $795K |
| Median unit price | $245K | $620K |
| Gross rental yield (houses) | 2.03% | 4.10% |
| Gross rental yield (units) | 4.66% | 4.61% |
| 1-year house growth | - | +14.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 0.3% |
| Population | 51 | 1,897 |
Brooks Bay vs Oakdowns: what the numbers say
The median house price is $790K in Brooks Bay and $795K in Oakdowns, so Brooks Bay is the cheaper entry point, with Oakdowns houses about 1% dearer.
For units, Brooks Bay sits at a median of $245K against $620K in Oakdowns, which makes Brooks Bay the more affordable unit market and Oakdowns the pricier one.
On cash flow, Oakdowns leads: houses there return a gross rental yield of 4.10%, compared with 2.03% in Brooks Bay, a gap of 2.07 percentage points.
Rental vacancy is 0.3% in Oakdowns and 1.1% in Brooks Bay, so landlords in Oakdowns face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Oakdowns is the bigger suburb, with a population of 1,897 against 51, roughly 37 times the size of Brooks Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Oakdowns for rental income, Brooks Bay for a lower purchase price, Oakdowns for the tighter rental market. 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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