Best TAS suburbs to invest in under $1.2M
30 suburbs match this filter today. Average 5-year capital growth across them is 6.8%/yr; average gross yield is 2.7%. The dominant signal right now is supply tightening — Listings have been falling year-on-year — the supply side is doing the work. Top pick: Bridgewater (55/100). 8.4%/yr capital growth, listings tightening 4.0% YoY. Plenty of room under your cap if you want to stretch.
Last updated: May 2026.
Score legend · 0–40 weak · 40–60 moderate · 60–75 strong · 75+ exceptional. Scores blend growth, yield, demand and infrastructure signals against your strategy. Full methodology →
- #1
Bridgewater
8.4%/yr capital growth, listings tightening 4.0% YoY. Plenty of room under your cap if you want to stretch.
5y growth · 8.4%/yr1.3% vacancy55Growth🟢 Under budgetNear pipelineDrivers- Capital growth8.4%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
RisksNo material risk flags raised by the model.
Nearby construction ·New Bridgewater Bridge0.0 kmConstruction · 2025
7030 · BrightonCompare investment case - #2
Brighton
8.2%/yr capital growth, listings tightening 4.0% YoY. Plenty of room under your cap if you want to stretch.
Growth + yield · 8.2% · 3.3%1.3% vacancy54Balanced🟢 Under budgetNear pipelineDrivers- Capital growth8.2%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Rental yield3.3%
RisksNo material risk flags raised by the model.
Nearby construction ·New Bridgewater Bridge3.6 kmConstruction · 2025
7030 · BrightonCompare investment case - #3
Claremont
7.8%/yr capital growth, listings tightening 4.0% YoY. Plenty of room under your cap if you want to stretch.
5y growth · 7.8%/yr1.3% vacancy51Growth🟢 Under budgetNear pipelineDrivers- Capital growth7.8%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
RisksNo material risk flags raised by the model.
Nearby construction ·New Bridgewater Bridge4.9 kmConstruction · 2025
7011 · GlenorchyCompare investment case - #41.3% vacancy51Balanced🟢 Under budgetDrivers
- Capital growth7.4%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Rental yield3.1%
Risks- No major construction project in this state
Closest construction ·Macquarie Point Stadium21.5 kmPlanned · 2029
7172 · SorellCompare investment case - #51.3% vacancy50Balanced🟢 Under budgetDrivers
- Capital growth7.4%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
Risks- No major construction project in this state
Closest construction ·Royal Hobart Hospital — Stage 38.6 kmConstruction · 2026
7010 · GlenorchyCompare investment case - #61.3% vacancy50Balanced🟢 Under budgetDrivers
- Capital growth7.2%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Rental yield3.2%
Risks- No major construction project in this state
Closest construction ·New Bridgewater Bridge7.1 kmConstruction · 2025
7017 · BrightonCompare investment case - #71.3% vacancy49Growth🟢 Under budgetDrivers
- Supply tightening-5.0% YoY
- Capital growth7.2%/yr
- Tight rentals1.3%
Risks- Thin gross yield (2.4%)
- No major construction project in this state
Closest construction ·Macquarie Point Stadium3.8 kmPlanned · 2029
7018 · ClarenceCompare investment case - #81.3% vacancy49Balanced🟢 Under budgetDrivers
- Supply tightening-5.0% YoY
- Capital growth7.0%/yr
- Tight rentals1.3%
Risks- No major construction project in this state
Closest construction ·Macquarie Point Stadium5.7 kmPlanned · 2029
7018 · ClarenceCompare investment case - #91.3% vacancy49Growth🟢 Under budgetDrivers
- Capital growth7.2%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
Risks- No major construction project in this state
Closest construction ·Royal Hobart Hospital — Stage 36.4 kmConstruction · 2026
7010 · GlenorchyCompare investment case - #101.3% vacancy49Growth🟢 Under budgetDrivers
- Capital growth7.4%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
Risks- No major construction project in this state
Closest construction ·Royal Hobart Hospital — Stage 34.5 kmConstruction · 2026
7009 · GlenorchyCompare investment case
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