New Town vs Nugent
Property investment comparison - New Town, TAS 7008 vs Nugent, TAS 7172
Head-to-head across core investment metrics: New Town 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 | New Town | Nugent |
|---|---|---|
| Median house price | $890K | $885K |
| Median unit price | $480K | $815K |
| Gross rental yield (houses) | 3.94% | 3.70% |
| Gross rental yield (units) | 5.38% | 3.39% |
| 1-year house growth | +0.0% | - |
| 3-year house growth | -6.4% | - |
| Vacancy rate | 0.4% | 0.7% |
| Population | 6,781 | 117 |
New Town vs Nugent: what the numbers say
The median house price is $890K in New Town and $885K in Nugent, so Nugent is the cheaper entry point, with New Town houses about 1% dearer.
For units, New Town sits at a median of $480K against $815K in Nugent, which makes New Town the more affordable unit market and Nugent the pricier one.
On cash flow, New Town leads: houses there return a gross rental yield of 3.94%, compared with 3.70% in Nugent, a gap of 0.24 percentage points.
Rental vacancy is 0.4% in New Town and 0.7% in Nugent, so landlords in New Town face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
New Town is the bigger suburb, with a population of 6,781 against 117, roughly 58 times the size of Nugent; a larger suburb usually means a deeper pool of buyers and tenants.
In short: New Town for rental income, Nugent for a lower purchase price, New Town 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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