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Dunorlan vs Sandy Bay

Property investment comparison - Dunorlan, TAS 7304 vs Sandy Bay, TAS 7005

Head-to-head across core investment metrics: Dunorlan wins 2, Sandy Bay 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.

MetricDunorlanSandy Bay
Median house price$1.3M$1.3M
Median unit price-$680K
Gross rental yield (houses)2.27%3.20%
Gross rental yield (units)-4.24%
1-year house growth--1.6%estimate
3-year house growth--
Vacancy rate0.7%2.1%
Population14512,315

Dunorlan vs Sandy Bay: what the numbers say

The median house price is $1.3M in Dunorlan and $1.3M in Sandy Bay, so Dunorlan is the cheaper entry point, with Sandy Bay houses about 2% dearer.

On cash flow, Sandy Bay leads: houses there return a gross rental yield of 3.20%, compared with 2.27% in Dunorlan, a gap of 0.93 percentage points.

Rental vacancy is 0.7% in Dunorlan and 2.1% in Sandy 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.

Sandy Bay is the bigger suburb, with a population of 12,315 against 145, roughly 85 times the size of Dunorlan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Sandy Bay for rental income, Dunorlan 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.

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