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Kingston vs Thirlstane

Property investment comparison - Kingston, TAS 7050 vs Thirlstane, TAS 7307

Head-to-head across core investment metrics: Kingston wins 0, Thirlstane wins 3. 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.

MetricKingstonThirlstane
Median house price$800K$790K
Median unit price$615K-
Gross rental yield (houses)4.23%4.39%
Gross rental yield (units)4.62%-
1-year house growth+8.4%estimate-
3-year house growth--
Vacancy rate1.0%1.0%
Population12,288108

Kingston vs Thirlstane: what the numbers say

The median house price is $800K in Kingston and $790K in Thirlstane, so Thirlstane is the cheaper entry point, with Kingston houses about 1% dearer.

On cash flow, Thirlstane leads: houses there return a gross rental yield of 4.39%, compared with 4.23% in Kingston, a gap of 0.16 percentage points.

Rental vacancy is the same in both, at 1.0%.

Kingston is the bigger suburb, with a population of 12,288 against 108, roughly 114 times the size of Thirlstane; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Thirlstane for rental income, Thirlstane for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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