Deep Bay vs Hadspen
Property investment comparison - Deep Bay, TAS 7112 vs Hadspen, TAS 7290
Head-to-head across core investment metrics: Deep Bay wins 2, Hadspen 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.
| Metric | Deep Bay | Hadspen |
|---|---|---|
| Median house price | $670K | $670K |
| Median unit price | $315K | $420K |
| Gross rental yield (houses) | - | 4.40% |
| Gross rental yield (units) | 8.28% | 4.80% |
| 1-year house growth | +9.1% | +21.8% |
| 3-year house growth | - | +12.3% |
| Vacancy rate | 5.9% | 1.7% |
| Population | 267 | 2,429 |
Deep Bay vs Hadspen: what the numbers say
Houses cost about the same in both suburbs: the median house price is $670K in Deep Bay and $670K in Hadspen.
For units, Deep Bay sits at a median of $315K against $420K in Hadspen, which makes Deep Bay the more affordable unit market and Hadspen the pricier one.
Over the past year house prices moved +9.1% in Deep Bay and +21.8% in Hadspen, so recent momentum favours Hadspen, although both suburbs recorded growth.
Rental vacancy is 1.7% in Hadspen and 5.9% in Deep Bay, so landlords in Hadspen face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Hadspen is the bigger suburb, with a population of 2,429 against 267, roughly 9 times the size of Deep Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Hadspen for recent price momentum, Hadspen 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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