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Midway Point vs Old Beach

Property investment comparison - Midway Point, TAS 7171 vs Old Beach, TAS 7017

Head-to-head across core investment metrics: Midway Point wins 4, Old Beach wins 2. 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.

MetricMidway PointOld Beach
Median house price$740K$730K
Median unit price-$565K
Gross rental yield (houses)4.53%4.41%
Gross rental yield (units)4.66%4.94%
1-year house growth+19.8%+2.1%
3-year house growth+14.5%+1.4%
Vacancy rate2.2%3.5%
Population3,3844,394

Midway Point vs Old Beach: what the numbers say

The median house price is $740K in Midway Point and $730K in Old Beach, so Old Beach is the cheaper entry point, with Midway Point houses about 1% dearer.

On cash flow, Midway Point leads: houses there return a gross rental yield of 4.53%, compared with 4.41% in Old Beach, a gap of 0.12 percentage points.

Over the past year house prices moved +19.8% in Midway Point and +2.1% in Old Beach, so recent momentum favours Midway Point, although both suburbs recorded growth.

Looking back three years, Midway Point houses are +14.5% and Old Beach houses +1.4%, so Midway Point has compounded faster than Old Beach over the longer window.

Rental vacancy is 2.2% in Midway Point and 3.5% in Old Beach, so landlords in Midway Point face less competition for tenants.

Old Beach is the bigger suburb, with a population of 4,394 against 3,384, larger than Midway Point; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Midway Point for rental income, Old Beach for a lower purchase price, Midway Point for recent price momentum, Midway Point for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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