Howth vs Margate
Property investment comparison - Howth, TAS 7316 vs Margate, TAS 7054
Head-to-head across core investment metrics: Howth wins 0, Margate wins 5. 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 | Howth | Margate |
|---|---|---|
| Median house price | $945K | $925K |
| Median unit price | $630K | $595K |
| Gross rental yield (houses) | 3.31% | 3.59% |
| Gross rental yield (units) | 3.48% | 4.38% |
| 1-year house growth | - | +7.3%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 0.5% |
| Population | 61 | 4,239 |
Howth vs Margate: what the numbers say
The median house price is $945K in Howth and $925K in Margate, so Margate is the cheaper entry point, with Howth houses about 2% dearer.
For units, Howth sits at a median of $630K against $595K in Margate, which makes Margate the more affordable unit market and Howth the pricier one.
On cash flow, Margate leads: houses there return a gross rental yield of 3.59%, compared with 3.31% in Howth, a gap of 0.28 percentage points.
Rental vacancy is 0.5% in Margate and 1.0% in Howth, so landlords in Margate face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Margate is the bigger suburb, with a population of 4,239 against 61, roughly 69 times the size of Howth; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Margate for rental income, Margate for a lower purchase price, Margate 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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