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Flowerdale vs Gagebrook

Property investment comparison - Flowerdale, TAS 7325 vs Gagebrook, TAS 7030

Head-to-head across core investment metrics: Flowerdale wins 2, Gagebrook 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.

MetricFlowerdaleGagebrook
Median house price$400K$440K
Median unit price$385K$335K
Gross rental yield (houses)5.84%5.70%
Gross rental yield (units)5.49%7.63%
1-year house growth--
3-year house growth--
Vacancy rate3.3%0.3%
Population2791,572

Flowerdale vs Gagebrook: what the numbers say

The median house price is $400K in Flowerdale and $440K in Gagebrook, so Flowerdale is the cheaper entry point, with Gagebrook houses about 10% dearer.

For units, Flowerdale sits at a median of $385K against $335K in Gagebrook, which makes Gagebrook the more affordable unit market and Flowerdale the pricier one.

On cash flow, Flowerdale leads: houses there return a gross rental yield of 5.84%, compared with 5.70% in Gagebrook, a gap of 0.14 percentage points.

Rental vacancy is 0.3% in Gagebrook and 3.3% in Flowerdale, so landlords in Gagebrook face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gagebrook is the bigger suburb, with a population of 1,572 against 279, roughly 6 times the size of Flowerdale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Flowerdale for rental income, Flowerdale for a lower purchase price, Gagebrook 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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