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Deloraine vs Wynyard

Property investment comparison - Deloraine, TAS 7304 vs Wynyard, TAS 7325

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

MetricDeloraineWynyard
Median house price$590K$585K
Median unit price-$425K
Gross rental yield (houses)4.30%-
Gross rental yield (units)4.80%4.55%
1-year house growth+7.2%+12.0%
3-year house growth+22.1%+24.5%
Vacancy rate0.8%0.7%
Population3,0356,296

Deloraine vs Wynyard: what the numbers say

The median house price is $590K in Deloraine and $585K in Wynyard, so Wynyard is the cheaper entry point, with Deloraine houses about 1% dearer.

Over the past year house prices moved +7.2% in Deloraine and +12.0% in Wynyard, so recent momentum favours Wynyard, although both suburbs recorded growth.

Looking back three years, Deloraine houses are +22.1% and Wynyard houses +24.5%, so Wynyard has compounded faster than Deloraine over the longer window.

Rental vacancy is 0.7% in Wynyard and 0.8% in Deloraine, so landlords in Wynyard face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wynyard is the bigger suburb, with a population of 6,296 against 3,035, roughly 2.1 times the size of Deloraine; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wynyard for a lower purchase price, Wynyard for recent price momentum, Wynyard 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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