Gagebrook vs St Marys
Property investment comparison - Gagebrook, TAS 7030 vs St Marys, TAS 7215
Head-to-head across core investment metrics: Gagebrook wins 4, 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.
| Metric | Gagebrook | St Marys |
|---|---|---|
| Median house price | $440K | $400K |
| Median unit price | $335K | $455K |
| Gross rental yield (houses) | 5.70% | 4.99% |
| Gross rental yield (units) | 7.63% | 3.44% |
| 1-year house growth | - | +7.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.3% | 1.2% |
| Population | 1,572 | 738 |
Gagebrook vs St Marys: what the numbers say
The median house price is $440K in Gagebrook and $400K in St Marys, so St Marys is the cheaper entry point, with Gagebrook houses about 10% dearer.
For units, Gagebrook sits at a median of $335K against $455K in St Marys, which makes Gagebrook the more affordable unit market and St Marys the pricier one.
On cash flow, Gagebrook leads: houses there return a gross rental yield of 5.70%, compared with 4.99% in St Marys, a gap of 0.71 percentage points.
Rental vacancy is 0.3% in Gagebrook and 1.2% in St Marys, 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 738, roughly 2.1 times the size of St Marys; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gagebrook for rental income, St Marys 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.
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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