Cradoc vs Granton
Property investment comparison - Cradoc, TAS 7109 vs Granton, TAS 7030
Head-to-head across core investment metrics: Cradoc wins 0, Granton wins 4. 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 | Cradoc | Granton |
|---|---|---|
| Median house price | $940K | $920K |
| Median unit price | $455K | - |
| Gross rental yield (houses) | - | 4.03% |
| Gross rental yield (units) | 4.71% | 5.94% |
| 1-year house growth | +4.9% | +10.5%estimate |
| 3-year house growth | +5.5% | - |
| Vacancy rate | 12.7% | 1.5% |
| Population | 456 | 1,903 |
Cradoc vs Granton: what the numbers say
The median house price is $940K in Cradoc and $920K in Granton, so Granton is the cheaper entry point, with Cradoc houses about 2% dearer.
Over the past year house prices moved +4.9% in Cradoc and +10.5% in Granton (an estimate), so recent momentum favours Granton, although both suburbs recorded growth.
Rental vacancy is 1.5% in Granton and 12.7% in Cradoc, so landlords in Granton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Granton is the bigger suburb, with a population of 1,903 against 456, roughly 4.2 times the size of Cradoc; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Granton for a lower purchase price, Granton for recent price momentum, Granton 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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