Let’s take a closer look at Tasmania - Australia’s stunning southern island, known for its pristine landscapes, lifestyle appeal, and increasingly, its property investment potential.
We’ve analysed the market to identify suburbs offering a compelling mix of strong rental yield, affordability, and growth potential.
Using the following criteria:
• Budget up to $700K
• Minimum rental yield of 5%
• Suburb population above 2,000
Here are some standout locations currently showing strong performance:
• Berriedale, TAS 7011: ~$630K median, 5.18% yield (~$628/week)
• New Norfolk, TAS 7140: ~$555K median, 5.56% yield (~$593/week)
• Invermay, TAS 7248: ~$547K median, 5.23% yield (~$550/week)
• Austins Ferry, TAS 7011: ~$630K median, 5.18% yield (~$628/week)
• Scottsdale, TAS 7260: ~$477K median, 5.16% yield (~$473/week)
A key trend across these suburbs: properties are consistently selling above agent-listed prices - a strong signal of buyer demand and competitive market conditions.
For investors, this points to a window of opportunity where yield and momentum are aligning - something that’s becoming harder to find in mainland markets.
If you’re looking to uncover opportunities like this faster, tools like PropertyFinder can help surface high-performing suburbs backed by real data.
Explore more here: https://www.propertydirector.com.au/choose-plan
