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Chain Of Lagoons vs Deloraine

Property investment comparison - Chain Of Lagoons, TAS 7215 vs Deloraine, TAS 7304

Head-to-head across core investment metrics: Chain Of Lagoons wins 1, Deloraine 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.

MetricChain Of LagoonsDeloraine
Median house price$600K$590K
Median unit price--
Gross rental yield (houses)4.51%4.30%
Gross rental yield (units)-4.80%
1-year house growth-+7.2%
3-year house growth-+22.1%
Vacancy rate2.3%0.8%
Population293,035

Chain Of Lagoons vs Deloraine: what the numbers say

The median house price is $600K in Chain Of Lagoons and $590K in Deloraine, so Deloraine is the cheaper entry point, with Chain Of Lagoons houses about 2% dearer.

On cash flow, Chain Of Lagoons leads: houses there return a gross rental yield of 4.51%, compared with 4.30% in Deloraine, a gap of 0.21 percentage points.

Rental vacancy is 0.8% in Deloraine and 2.3% in Chain Of Lagoons, so landlords in Deloraine face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Deloraine is the bigger suburb, with a population of 3,035 against 29, roughly 105 times the size of Chain Of Lagoons; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chain Of Lagoons for rental income, Deloraine for a lower purchase price, Deloraine 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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