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Castra vs Perth

Property investment comparison - Castra, TAS 7315 vs Perth, TAS 7300

Head-to-head across core investment metrics: Castra wins 1, Perth 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.

MetricCastraPerth
Median house price$720K$715K
Median unit price--
Gross rental yield (houses)3.42%4.30%
Gross rental yield (units)-4.72%
1-year house growth-+19.2%
3-year house growth-+15.1%
Vacancy rate0.3%1.3%
Population413,472

Castra vs Perth: what the numbers say

The median house price is $720K in Castra and $715K in Perth, so Perth is the cheaper entry point, with Castra houses about 1% dearer.

On cash flow, Perth leads: houses there return a gross rental yield of 4.30%, compared with 3.42% in Castra, a gap of 0.88 percentage points.

Rental vacancy is 0.3% in Castra and 1.3% in Perth, so landlords in Castra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Perth is the bigger suburb, with a population of 3,472 against 41, roughly 85 times the size of Castra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Perth for rental income, Perth for a lower purchase price, Castra 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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