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Hillcrest vs Seymour

Property investment comparison - Hillcrest, TAS 7320 vs Seymour, TAS 7215

Head-to-head across core investment metrics: Hillcrest wins 1, Seymour wins 2. 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.

MetricHillcrestSeymour
Median house price$460K$425K
Median unit price$445K-
Gross rental yield (houses)5.00%6.41%
Gross rental yield (units)4.03%-
1-year house growth+11.5%estimate-
3-year house growth--
Vacancy rate0.4%2.6%
Population1,08831

Hillcrest vs Seymour: what the numbers say

The median house price is $460K in Hillcrest and $425K in Seymour, so Seymour is the cheaper entry point, with Hillcrest houses about 8% dearer.

On cash flow, Seymour leads: houses there return a gross rental yield of 6.41%, compared with 5.00% in Hillcrest, a gap of 1.41 percentage points.

Rental vacancy is 0.4% in Hillcrest and 2.6% in Seymour, so landlords in Hillcrest face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hillcrest is the bigger suburb, with a population of 1,088 against 31, roughly 35 times the size of Seymour; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Seymour for rental income, Seymour for a lower purchase price, Hillcrest 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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