Ranelagh vs Turners Beach
Property investment comparison - Ranelagh, TAS 7109 vs Turners Beach, TAS 7315
Head-to-head across core investment metrics: Ranelagh wins 1, Turners Beach wins 3. 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 | Ranelagh | Turners Beach |
|---|---|---|
| Median house price | $730K | $740K |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.61% | - |
| Gross rental yield (units) | 4.10% | 4.86% |
| 1-year house growth | +7.6%estimate | +14.7% |
| 3-year house growth | - | +12.2% |
| Vacancy rate | 1.4% | 0.5% |
| Population | 1,484 | 1,966 |
Ranelagh vs Turners Beach: what the numbers say
The median house price is $730K in Ranelagh and $740K in Turners Beach, so Ranelagh is the cheaper entry point, with Turners Beach houses about 1% dearer.
Over the past year house prices moved +7.6% in Ranelagh (an estimate) and +14.7% in Turners Beach, so recent momentum favours Turners Beach, although both suburbs recorded growth.
Rental vacancy is 0.5% in Turners Beach and 1.4% in Ranelagh, so landlords in Turners Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Turners Beach is the bigger suburb, with a population of 1,966 against 1,484, larger than Ranelagh; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ranelagh for a lower purchase price, Turners Beach for recent price momentum, Turners Beach 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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