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Burnie vs Dover

Property investment comparison - Burnie, TAS 7320 vs Dover, TAS 7117

Head-to-head across core investment metrics: Burnie wins 3, Dover 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.

MetricBurnieDover
Median house price$565K$565K
Median unit price$400K$335K
Gross rental yield (houses)4.50%4.26%
Gross rental yield (units)-5.78%
1-year house growth+12.8%estimate+6.6%estimate
3-year house growth--
Vacancy rate0.9%2.9%
Population693923

Burnie vs Dover: what the numbers say

Houses cost about the same in both suburbs: the median house price is $565K in Burnie and $565K in Dover.

For units, Burnie sits at a median of $400K against $335K in Dover, which makes Dover the more affordable unit market and Burnie the pricier one.

On cash flow, Burnie leads: houses there return a gross rental yield of 4.50%, compared with 4.26% in Dover, a gap of 0.24 percentage points.

Over the past year house prices moved +12.8% in Burnie (an estimate) and +6.6% in Dover (an estimate), so recent momentum favours Burnie, although both suburbs recorded growth.

Rental vacancy is 0.9% in Burnie and 2.9% in Dover, so landlords in Burnie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Dover is the bigger suburb, with a population of 923 against 693, larger than Burnie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Burnie for rental income, Burnie for recent price momentum, Burnie 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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