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Burnie vs Loyetea

Property investment comparison - Burnie, TAS 7320 vs Loyetea, TAS 7316

Head-to-head across core investment metrics: Burnie wins 0, Loyetea 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.

MetricBurnieLoyetea
Median house price$565K$565K
Median unit price$400K-
Gross rental yield (houses)4.50%5.49%
Gross rental yield (units)--
1-year house growth+12.8%estimate-
3-year house growth--
Vacancy rate0.9%0.9%
Population69320

Burnie vs Loyetea: what the numbers say

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

On cash flow, Loyetea leads: houses there return a gross rental yield of 5.49%, compared with 4.50% in Burnie, a gap of 0.99 percentage points.

Rental vacancy is the same in both, at 0.9%.

Burnie is the bigger suburb, with a population of 693 against 20, roughly 35 times the size of Loyetea; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Loyetea for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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