Skip to main content

Rose Bay vs Taroona

Property investment comparison - Rose Bay, TAS 7015 vs Taroona, TAS 7053

Head-to-head across core investment metrics: Rose Bay wins 4, Taroona 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.

MetricRose BayTaroona
Median house price$960K$950K
Median unit price-$1.2M
Gross rental yield (houses)3.53%-
Gross rental yield (units)4.45%1.93%
1-year house growth+5.6%+1.8%
3-year house growth+12.6%-4.0%
Vacancy rate0.7%2.3%
Population1,1883,121

Rose Bay vs Taroona: what the numbers say

The median house price is $960K in Rose Bay and $950K in Taroona, so Taroona is the cheaper entry point, with Rose Bay houses about 1% dearer.

Over the past year house prices moved +5.6% in Rose Bay and +1.8% in Taroona, so recent momentum favours Rose Bay, although both suburbs recorded growth.

Looking back three years, Rose Bay houses are +12.6% and Taroona houses -4.0%, so Rose Bay has compounded faster than Taroona over the longer window.

Rental vacancy is 0.7% in Rose Bay and 2.3% in Taroona, so landlords in Rose Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Taroona is the bigger suburb, with a population of 3,121 against 1,188, roughly 2.6 times the size of Rose Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Taroona for a lower purchase price, Rose Bay for recent price momentum, Rose Bay for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison