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Flowerdale vs St Marys

Property investment comparison - Flowerdale, TAS 7325 vs St Marys, TAS 7215

Head-to-head across core investment metrics: Flowerdale wins 3, St Marys 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.

MetricFlowerdaleSt Marys
Median house price$400K$400K
Median unit price$385K$455K
Gross rental yield (houses)5.84%4.99%
Gross rental yield (units)5.49%3.44%
1-year house growth-+7.7%estimate
3-year house growth--
Vacancy rate3.3%1.2%
Population279738

Flowerdale vs St Marys: what the numbers say

Houses cost about the same in both suburbs: the median house price is $400K in Flowerdale and $400K in St Marys.

For units, Flowerdale sits at a median of $385K against $455K in St Marys, which makes Flowerdale the more affordable unit market and St Marys the pricier one.

On cash flow, Flowerdale leads: houses there return a gross rental yield of 5.84%, compared with 4.99% in St Marys, a gap of 0.85 percentage points.

Rental vacancy is 1.2% in St Marys and 3.3% in Flowerdale, so landlords in St Marys face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Marys is the bigger suburb, with a population of 738 against 279, roughly 2.6 times the size of Flowerdale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Flowerdale for rental income, St Marys 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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