Deloraine vs Gunns Plains
Property investment comparison - Deloraine, TAS 7304 vs Gunns Plains, TAS 7315
Head-to-head across core investment metrics: Deloraine wins 1, Gunns Plains wins 3. 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 | Deloraine | Gunns Plains |
|---|---|---|
| Median house price | $590K | $580K |
| Median unit price | - | $490K |
| Gross rental yield (houses) | 4.30% | 3.21% |
| Gross rental yield (units) | 4.80% | 5.42% |
| 1-year house growth | +7.2% | - |
| 3-year house growth | +22.1% | - |
| Vacancy rate | 0.8% | 0.6% |
| Population | 3,035 | 195 |
Deloraine vs Gunns Plains: what the numbers say
The median house price is $590K in Deloraine and $580K in Gunns Plains, so Gunns Plains is the cheaper entry point, with Deloraine houses about 2% dearer.
On cash flow, Deloraine leads: houses there return a gross rental yield of 4.30%, compared with 3.21% in Gunns Plains, a gap of 1.09 percentage points.
Rental vacancy is 0.6% in Gunns Plains and 0.8% in Deloraine, so landlords in Gunns Plains 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 195, roughly 16 times the size of Gunns Plains; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Deloraine for rental income, Gunns Plains for a lower purchase price, Gunns Plains 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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