Flowerdale vs Smithton
Property investment comparison - Flowerdale, TAS 7325 vs Smithton, TAS 7330
Head-to-head across core investment metrics: Flowerdale wins 2, Smithton 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.
| Metric | Flowerdale | Smithton |
|---|---|---|
| Median house price | $400K | $400K |
| Median unit price | $385K | - |
| Gross rental yield (houses) | 5.84% | 5.20% |
| Gross rental yield (units) | 5.49% | 4.64% |
| 1-year house growth | - | +12.1% |
| 3-year house growth | - | +10.3% |
| Vacancy rate | 3.3% | 1.0% |
| Population | 279 | 3,934 |
Flowerdale vs Smithton: what the numbers say
Houses cost about the same in both suburbs: the median house price is $400K in Flowerdale and $400K in Smithton.
On cash flow, Flowerdale leads: houses there return a gross rental yield of 5.84%, compared with 5.20% in Smithton, a gap of 0.64 percentage points.
Rental vacancy is 1.0% in Smithton and 3.3% in Flowerdale, so landlords in Smithton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Smithton is the bigger suburb, with a population of 3,934 against 279, roughly 14 times the size of Flowerdale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Flowerdale for rental income, Smithton 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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