Norwood vs Upper Stowport
Property investment comparison - Norwood, TAS 7250 vs Upper Stowport, TAS 7321
Head-to-head across core investment metrics: Norwood wins 2, Upper Stowport 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 | Norwood | Upper Stowport |
|---|---|---|
| Median house price | $695K | $690K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.54% | 4.40% |
| Gross rental yield (units) | 4.59% | - |
| 1-year house growth | +16.3%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 2.0% |
| Population | 3,869 | 99 |
Norwood vs Upper Stowport: what the numbers say
The median house price is $695K in Norwood and $690K in Upper Stowport, so Upper Stowport is the cheaper entry point, with Norwood houses about 1% dearer.
On cash flow, Norwood leads: houses there return a gross rental yield of 4.54%, compared with 4.40% in Upper Stowport, a gap of 0.14 percentage points.
Rental vacancy is 1.0% in Norwood and 2.0% in Upper Stowport, so landlords in Norwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Norwood is the bigger suburb, with a population of 3,869 against 99, roughly 39 times the size of Upper Stowport; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Norwood for rental income, Upper Stowport for a lower purchase price, Norwood 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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Upper Stowport, TAS 7321
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