Lenah Valley vs Nugent
Property investment comparison - Lenah Valley, TAS 7008 vs Nugent, TAS 7172
Head-to-head across core investment metrics: Lenah Valley wins 4, Nugent 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 | Lenah Valley | Nugent |
|---|---|---|
| Median house price | $870K | $885K |
| Median unit price | $530K | $815K |
| Gross rental yield (houses) | 4.04% | 3.70% |
| Gross rental yield (units) | 5.12% | 3.39% |
| 1-year house growth | +8.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 0.7% |
| Population | 6,522 | 117 |
Lenah Valley vs Nugent: what the numbers say
The median house price is $870K in Lenah Valley and $885K in Nugent, so Lenah Valley is the cheaper entry point, with Nugent houses about 2% dearer.
For units, Lenah Valley sits at a median of $530K against $815K in Nugent, which makes Lenah Valley the more affordable unit market and Nugent the pricier one.
On cash flow, Lenah Valley leads: houses there return a gross rental yield of 4.04%, compared with 3.70% in Nugent, a gap of 0.34 percentage points.
Rental vacancy is 0.7% in Nugent and 1.0% in Lenah Valley, so landlords in Nugent face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lenah Valley is the bigger suburb, with a population of 6,522 against 117, roughly 56 times the size of Nugent; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lenah Valley for rental income, Lenah Valley for a lower purchase price, Nugent 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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