Carlton River vs Oakdowns
Property investment comparison - Carlton River, TAS 7173 vs Oakdowns, TAS 7019
Head-to-head across core investment metrics: Carlton River wins 1, Oakdowns wins 3. 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 | Carlton River | Oakdowns |
|---|---|---|
| Median house price | $780K | $795K |
| Median unit price | $810K | $620K |
| Gross rental yield (houses) | - | 4.10% |
| Gross rental yield (units) | 1.79% | 4.61% |
| 1-year house growth | - | +14.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 3.3% | 0.3% |
| Population | 347 | 1,897 |
Carlton River vs Oakdowns: what the numbers say
The median house price is $780K in Carlton River and $795K in Oakdowns, so Carlton River is the cheaper entry point, with Oakdowns houses about 2% dearer.
For units, Carlton River sits at a median of $810K against $620K in Oakdowns, which makes Oakdowns the more affordable unit market and Carlton River the pricier one.
Rental vacancy is 0.3% in Oakdowns and 3.3% in Carlton River, 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 347, roughly 5 times the size of Carlton River; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carlton River 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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