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Deloraine vs Highclere

Property investment comparison - Deloraine, TAS 7304 vs Highclere, TAS 7321

Head-to-head across core investment metrics: Deloraine wins 1, Highclere 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.

MetricDeloraineHighclere
Median house price$590K$590K
Median unit price--
Gross rental yield (houses)4.30%4.82%
Gross rental yield (units)4.80%-
1-year house growth+7.2%-
3-year house growth+22.1%-
Vacancy rate0.8%1.9%
Population3,035119

Deloraine vs Highclere: what the numbers say

Houses cost about the same in both suburbs: the median house price is $590K in Deloraine and $590K in Highclere.

On cash flow, Highclere leads: houses there return a gross rental yield of 4.82%, compared with 4.30% in Deloraine, a gap of 0.52 percentage points.

Rental vacancy is 0.8% in Deloraine and 1.9% in Highclere, 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 119, roughly 26 times the size of Highclere; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Highclere for rental income, 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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