Penguin vs Rokeby
Property investment comparison - Penguin, TAS 7316 vs Rokeby, TAS 7019
Head-to-head across core investment metrics: Penguin wins 2, Rokeby 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 | Penguin | Rokeby |
|---|---|---|
| Median house price | $665K | $665K |
| Median unit price | - | - |
| Gross rental yield (houses) | - | 4.60% |
| Gross rental yield (units) | 4.42% | 4.70% |
| 1-year house growth | +14.2% | +12.4%estimate |
| 3-year house growth | +12.5% | - |
| Vacancy rate | 0.9% | 2.1% |
| Population | 4,132 | 4,211 |
Penguin vs Rokeby: what the numbers say
Houses cost about the same in both suburbs: the median house price is $665K in Penguin and $665K in Rokeby.
Over the past year house prices moved +14.2% in Penguin and +12.4% in Rokeby (an estimate), so recent momentum favours Penguin, although both suburbs recorded growth.
Rental vacancy is 0.9% in Penguin and 2.1% in Rokeby, so landlords in Penguin face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Rokeby is the bigger suburb, with a population of 4,211 against 4,132, larger than Penguin; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Penguin for recent price momentum, Penguin 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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