Best TAS suburbs to invest in under $600K
29 suburbs match this filter today. Average 5-year capital growth across them is 7.1%/yr; average gross yield is 2.7%. The dominant signal right now is capital growth — Average 5-year capital growth in this filter is driving the ranking. Top pick: Bridgewater (52/100). 8.4%/yr capital growth, listings tightening 4.0% YoY.
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 →
- #11.3% vacancy52Growth🟢 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 - #21.3% vacancy50Balanced🟡 Near capNear pipelineDrivers
- Capital growth8.2%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Rental yield3.3%
Risks- At top of budget (91% of cap)
Nearby construction ·New Bridgewater Bridge3.6 kmConstruction · 2025
7030 · BrightonCompare investment case - #31.3% vacancy47Growth🟡 Near capNear pipelineDrivers
- Capital growth7.8%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
Risks- At top of budget (99% of cap)
Nearby construction ·New Bridgewater Bridge4.9 kmConstruction · 2025
7011 · GlenorchyCompare investment case - #41.3% vacancy47Balanced🟡 Near capDrivers
- Capital growth7.4%/yr
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Rental yield3.1%
Risks- At top of budget (99% of cap)
- No major construction project in this state
Closest construction ·Macquarie Point Stadium21.5 kmPlanned · 2029
7172 · SorellCompare investment case - #56.6%/yr 5y growth44Balanced🟢 Under budgetNear pipelineDrivers
- Capital growth6.6%/yr
- Rental yield3.0%
- Supply tightening-2.0% YoY
RisksNo material risk flags raised by the model.
Nearby construction ·UTAS Launceston Inveresk Campus1.3 kmRecently completed · 2024
7248 · LauncestonCompare investment case - #66.8%/yr 5y growth44Balanced🟢 Under budgetNear pipelineDrivers
- Capital growth6.8%/yr
- Supply tightening-2.0% YoY
RisksNo material risk flags raised by the model.
Nearby construction ·UTAS Launceston Inveresk Campus0.3 kmRecently completed · 2024
7248 · LauncestonCompare investment case - #76.4%/yr 5y growth42Balanced🟡 Near capDrivers
- Capital growth6.4%/yr
- Supply tightening-2.0% YoY
Risks- At top of budget (91% of cap)
- No major construction project in this state
Closest construction ·UTAS Launceston Inveresk Campus4.4 kmRecently completed · 2024
7249 · LauncestonCompare investment case - #86.2%/yr 5y growth42Balanced🟡 Near capDrivers
- Capital growth6.2%/yr
- Supply tightening-2.0% YoY
Risks- At top of budget (91% of cap)
- No major construction project in this state
Closest construction ·UTAS Launceston Inveresk Campus6.4 kmRecently completed · 2024
7249 · LauncestonCompare investment case - #97.2%/yr 5y growth42Balanced🟢 Under budgetDrivers
- Capital growth7.2%/yr
Risks- No major construction project in this state
Closest construction ·UTAS Launceston Inveresk Campus71.3 kmRecently completed · 2024
7310 · DevonportCompare investment case - #107.2%/yr 5y growth42Growth🟢 Under budgetDrivers
- Capital growth7.2%/yr
Risks- No major construction project in this state
Closest construction ·UTAS Launceston Inveresk Campus127.2 kmRecently completed · 2024
7325 · Waratah-WynyardCompare investment case
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