Cranbrook vs Mowbray
Property investment comparison - Cranbrook, TAS 7190 vs Mowbray, TAS 7248
Head-to-head across core investment metrics: Cranbrook wins 0, Mowbray wins 1. 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 | Cranbrook | Mowbray |
|---|---|---|
| Median house price | $550K | $550K |
| Median unit price | - | - |
| Gross rental yield (houses) | - | 4.90% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.7% | 1.4% |
| Population | 60 | 4,048 |
Cranbrook vs Mowbray: what the numbers say
Houses cost about the same in both suburbs: the median house price is $550K in Cranbrook and $550K in Mowbray.
Rental vacancy is 1.4% in Mowbray and 1.7% in Cranbrook, so landlords in Mowbray face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mowbray is the bigger suburb, with a population of 4,048 against 60, roughly 67 times the size of Cranbrook; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mowbray 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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