Margate vs Taroona
Property investment comparison - Margate, TAS 7054 vs Taroona, TAS 7053
Head-to-head across core investment metrics: Margate wins 5, Taroona 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 | Margate | Taroona |
|---|---|---|
| Median house price | $925K | $950K |
| Median unit price | $595K | $1.2M |
| Gross rental yield (houses) | 3.59% | - |
| Gross rental yield (units) | 4.38% | 1.93% |
| 1-year house growth | +7.3%estimate | +1.8% |
| 3-year house growth | - | -4.0% |
| Vacancy rate | 0.5% | 2.3% |
| Population | 4,239 | 3,121 |
Margate vs Taroona: what the numbers say
The median house price is $925K in Margate and $950K in Taroona, so Margate is the cheaper entry point, with Taroona houses about 3% dearer.
For units, Margate sits at a median of $595K against $1.2M in Taroona, which makes Margate the more affordable unit market and Taroona the pricier one.
Over the past year house prices moved +7.3% in Margate (an estimate) and +1.8% in Taroona, so recent momentum favours Margate, although both suburbs recorded growth.
Rental vacancy is 0.5% in Margate and 2.3% in Taroona, 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 3,121, larger than Taroona; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Margate for a lower purchase price, Margate for recent price momentum, 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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