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Burnie vs Geeveston — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $600kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Burnie

    TAS · 7320
    24Below trend
    Median
    $425k
    5y growth
    7.4%/yr
    BalancedThin market · ~0.7k residents

  2. Geeveston

    TAS · 7116
    27Below trend
    Median
    $425k
    5y growth
    8.2%/yr
    BalancedThin market · ~1.4k residents

Metric breakdown

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

Metric · weight
Burnie
Geeveston
Capital growth (5y)
weight 22%
747.4%/yr
828.2%/yr
Rental yield
weight 13%
592.9%
663.3%
Rental demand
weight 10%
402.4%
352.6%
Population growth
weight 12%
313.1%
313.1%
Income growth
weight 12%
4812.0%
4411.0%
Construction pipeline
weight 15%
0–
0–
Affordability
weight 8%
2929% under cap
2929% under cap
Supply tightening
weight 8%
500.0% YoY
40+2.0% YoY

Winner per dimension

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

  1. Burnie

    3/8
    • Rental demand
    • Income growth
    • Supply tightening

  2. Geeveston

    2/8
    • Capital growth (5y)
    • Rental yield

Why Burnie

Thin market · ~0.7k residents

7.4%/yr capital growth, 2.9% gross yield.

Drivers
  • Capital growth7.4%/yr
Risks
  • Only 693 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus110.5 kmRecently completed · 2024

Why Geeveston

Thin market · ~1.4k residents

8.2%/yr capital growth, 3.3% gross yield.

Drivers
  • Capital growth8.2%/yr
  • Rental yield3.3%
Risks
  • Only 1,431 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·Royal Hobart Hospital — Stage 345.0 kmConstruction · 2026