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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.

MetricBurnieGlendevie
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 rate0.9%0.2%
Population69387

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.

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