Ida Bay vs Waverley
Property investment comparison - Ida Bay, TAS 7109 vs Waverley, TAS 7250
Head-to-head across core investment metrics: Ida Bay wins 3, Waverley wins 0. 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 | Ida Bay | Waverley |
|---|---|---|
| Median house price | $500K | $505K |
| Median unit price | - | $430K |
| Gross rental yield (houses) | 5.96% | 5.00% |
| Gross rental yield (units) | - | 5.66% |
| 1-year house growth | - | +17.9% |
| 3-year house growth | - | +36.6% |
| Vacancy rate | 0.3% | 0.7% |
| Population | 14 | 1,583 |
Ida Bay vs Waverley: what the numbers say
The median house price is $500K in Ida Bay and $505K in Waverley, so Ida Bay is the cheaper entry point, with Waverley houses about 1% dearer.
On cash flow, Ida Bay leads: houses there return a gross rental yield of 5.96%, compared with 5.00% in Waverley, a gap of 0.96 percentage points.
Rental vacancy is 0.3% in Ida Bay and 0.7% in Waverley, so landlords in Ida Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Waverley is the bigger suburb, with a population of 1,583 against 14, roughly 113 times the size of Ida Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ida Bay for rental income, Ida Bay for a lower purchase price, Ida Bay 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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