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Launceston vs Bellerive — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $1.00Mbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Launceston

    TAS · 7250
    44Below trend
    Median
    $595k
    5y growth
    6.1%/yr
    BalancedStable entry · room to scale

  2. Bellerive

    TAS · 7018
    44Below trend
    Median
    $845k
    5y growth
    6.3%/yr
    BalancedStable entry point

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Launceston
Bellerive
Capital growth (5y)
weight 22%
616.1%/yr
636.3%/yr
Rental yield
weight 13%
542.7%
442.2%
Rental demand
weight 10%
551.8%
681.3%
Population growth
weight 12%
313.1%
313.1%
Income growth
weight 12%
5213.0%
5614.0%
Construction pipeline
weight 15%
0$0.0bn
0$0.0bn
Affordability
weight 8%
4141% under cap
1616% under cap
Supply tightening
weight 8%
60-2.0% YoY
75-5.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Launceston

    3/8
    • Rental yield
    • Construction pipeline
    • Affordability

  2. Bellerive

    4/8
    • Capital growth (5y)
    • Rental demand
    • Income growth
    • Supply tightening

Why Launceston

Stable entry · room to scale

6.1%/yr capital growth, tight 1.8% vacancy. Plenty of room under your cap if you want to stretch.

Drivers
  • Capital growth6.1%/yr
  • Supply tightening-2.0% YoY
Risks

No material risk flags raised by the model.

Construction ·UTAS Launceston Inveresk Campus1.5 kmRecently completed · 2024

Why Bellerive

Stable entry point

listings tightening 5.0% YoY, tight 1.3% vacancy.

Drivers
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Capital growth6.3%/yr
Risks
  • Thin gross yield (2.2%)

Construction ·Macquarie Point Stadium2.9 kmPlanned · 2029