Burnie vs Glendevie
Property investment comparison - Burnie, TAS 7320 vs Glendevie, TAS 7109
Head-to-head across core investment metrics: Burnie wins 2, Glendevie 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 | Burnie | Glendevie |
|---|---|---|
| Median house price | $565K | $570K |
| Median unit price | $400K | - |
| Gross rental yield (houses) | 4.50% | 2.74% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +12.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 0.2% |
| Population | 693 | 87 |
Burnie vs Glendevie: what the numbers say
The median house price is $565K in Burnie and $570K in Glendevie, so Burnie is the cheaper entry point, with Glendevie houses about 1% dearer.
On cash flow, Burnie leads: houses there return a gross rental yield of 4.50%, compared with 2.74% in Glendevie, a gap of 1.76 percentage points.
Rental vacancy is 0.2% in Glendevie and 0.9% in Burnie, so landlords in Glendevie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Burnie is the bigger suburb, with a population of 693 against 87, roughly 8 times the size of Glendevie; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Burnie for rental income, Burnie for a lower purchase price, Glendevie 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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