Dunorlan vs Opossum Bay
Property investment comparison - Dunorlan, TAS 7304 vs Opossum Bay, TAS 7023
Head-to-head across core investment metrics: Dunorlan wins 1, Opossum Bay 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 | Dunorlan | Opossum Bay |
|---|---|---|
| Median house price | $1.3M | $1.1M |
| Median unit price | - | - |
| Gross rental yield (houses) | 2.27% | 3.15% |
| Gross rental yield (units) | - | 2.30% |
| 1-year house growth | - | +14.3% |
| 3-year house growth | - | +30.1% |
| Vacancy rate | 0.7% | 1.7% |
| Population | 145 | 383 |
Dunorlan vs Opossum Bay: what the numbers say
The median house price is $1.3M in Dunorlan and $1.1M in Opossum Bay, so Opossum Bay is the cheaper entry point, with Dunorlan houses about 22% dearer.
On cash flow, Opossum Bay leads: houses there return a gross rental yield of 3.15%, compared with 2.27% in Dunorlan, a gap of 0.88 percentage points.
Rental vacancy is 0.7% in Dunorlan and 1.7% in Opossum Bay, so landlords in Dunorlan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Opossum Bay is the bigger suburb, with a population of 383 against 145, roughly 2.6 times the size of Dunorlan; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Opossum Bay for rental income, Opossum Bay for a lower purchase price, Dunorlan 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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