Lenah Valley vs Spalford
Property investment comparison - Lenah Valley, TAS 7008 vs Spalford, TAS 7315
Head-to-head across core investment metrics: Lenah Valley wins 4, Spalford 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 | Spalford |
|---|---|---|
| Median house price | $870K | $835K |
| Median unit price | $530K | $620K |
| Gross rental yield (houses) | 4.04% | 2.72% |
| Gross rental yield (units) | 5.12% | 4.04% |
| 1-year house growth | +8.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 7.5% |
| Population | 6,522 | 55 |
Lenah Valley vs Spalford: what the numbers say
The median house price is $870K in Lenah Valley and $835K in Spalford, so Spalford is the cheaper entry point, with Lenah Valley houses about 4% dearer.
For units, Lenah Valley sits at a median of $530K against $620K in Spalford, which makes Lenah Valley the more affordable unit market and Spalford the pricier one.
On cash flow, Lenah Valley leads: houses there return a gross rental yield of 4.04%, compared with 2.72% in Spalford, a gap of 1.32 percentage points.
Rental vacancy is 1.0% in Lenah Valley and 7.5% in Spalford, so landlords in Lenah Valley 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 55, roughly 119 times the size of Spalford; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lenah Valley for rental income, Spalford for a lower purchase price, Lenah Valley 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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