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George Town vs Moonah — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $700kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. George Town

    TAS · 7253
    40Below trend
    Median
    $425k
    5y growth
    7.6%/yr
    GrowthThin market · ~5k residents

  2. Moonah

    TAS · 7009
    45Average
    Median
    $685k
    5y growth
    7.4%/yr
    GrowthStable but fully priced

Metric breakdown

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

Metric · weight
George Town
Moonah
Capital growth (5y)
weight 22%
767.6%/yr
747.4%/yr
Rental yield
weight 13%
542.7%
502.5%
Rental demand
weight 10%
352.6%
681.3%
Population growth
weight 12%
313.1%
313.1%
Income growth
weight 12%
4411.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
Affordability
weight 8%
3939% under cap
22% under cap
Supply tightening
weight 8%
40+2.0% YoY
70-4.0% YoY

Winner per dimension

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

  1. George Town

    3/8
    • Capital growth (5y)
    • Rental yield
    • Affordability

  2. Moonah

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

Why George Town

Thin market · ~5k residents

7.6%/yr capital growth, 2.7% gross yield.

Drivers
  • Capital growth7.6%/yr
Risks
  • Only 4,536 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus43.4 kmRecently completed · 2024

Why Moonah

Stable but fully priced

7.4%/yr capital growth, listings tightening 4.0% YoY.

Drivers
  • Capital growth7.4%/yr
  • Supply tightening-4.0% YoY
  • Tight rentals1.3%
Risks
  • At top of budget (98% of cap)
  • No major construction project in this state

Construction ·Royal Hobart Hospital — Stage 34.5 kmConstruction · 2026