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St Marys vs Upper Natone

Property investment comparison - St Marys, TAS 7215 vs Upper Natone, TAS 7321

Head-to-head across core investment metrics: St Marys wins 2, Upper Natone 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.

MetricSt MarysUpper Natone
Median house price$400K$405K
Median unit price$455K-
Gross rental yield (houses)4.99%7.13%
Gross rental yield (units)3.44%-
1-year house growth+7.7%estimate-
3-year house growth--
Vacancy rate1.2%1.8%
Population738111

St Marys vs Upper Natone: what the numbers say

The median house price is $400K in St Marys and $405K in Upper Natone, so St Marys is the cheaper entry point, with Upper Natone houses about 1% dearer.

On cash flow, Upper Natone leads: houses there return a gross rental yield of 7.13%, compared with 4.99% in St Marys, a gap of 2.14 percentage points.

Rental vacancy is 1.2% in St Marys and 1.8% in Upper Natone, so landlords in St Marys face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Marys is the bigger suburb, with a population of 738 against 111, roughly 7 times the size of Upper Natone; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Upper Natone for rental income, St Marys for a lower purchase price, St Marys 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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