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Launceston vs Bridgewater vs Blackmans Bay — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $900kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Launceston

    TAS · 7250
    43Below trend
    Median
    $595k
    5y growth
    6.1%/yr
    BalancedStable entry point
  2. Bridgewater

    TAS · 7030
    54Average
    Median
    $495k
    5y growth
    8.4%/yr
    GrowthStable entry · room to scale
  3. Blackmans Bay

    TAS · 7052
    44Below trend
    Median
    $815k
    5y growth
    6.6%/yr
    BalancedStable but fully priced

Metric breakdown

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

Metric · weight
Launceston
Bridgewater
Blackmans Bay
Capital growth (5y)
weight 22%
616.1%/yr
848.4%/yr
666.6%/yr
Rental yield
weight 13%
542.7%
552.7%
512.6%
Rental demand
weight 10%
551.8%
681.3%
681.3%
Population growth
weight 12%
313.1%
313.1%
313.1%
Income growth
weight 12%
5213.0%
5213.0%
5213.0%
Construction pipeline
weight 15%
0$0.0bn
16$0.8bn
0
Affordability
weight 8%
3434% under cap
4545% under cap
99% under cap
Supply tightening
weight 8%
60-2.0% YoY
70-4.0% YoY
70-4.0% YoY

Winner per dimension

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

  1. Launceston

    0/8

    No outright lead on any single dimension.

  2. Bridgewater

    4/8
    • Capital growth (5y)
    • Rental yield
    • Construction pipeline
    • Affordability
  3. Blackmans Bay

    0/8

    No outright lead on any single dimension.

Why Launceston

Stable entry point

6.1%/yr capital growth, tight 1.8% vacancy.

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 Bridgewater

Stable entry · room to scale

8.4%/yr capital growth, listings tightening 4.0% YoY. Plenty of room under your cap if you want to stretch.

Drivers
  • Capital growth8.4%/yr
  • Supply tightening-4.0% YoY
  • Tight rentals1.3%
Risks

No material risk flags raised by the model.

Construction ·New Bridgewater Bridge0.0 kmConstruction · 2025

Why Blackmans Bay

Stable but fully priced

listings tightening 4.0% YoY, tight 1.3% vacancy.

Drivers
  • Supply tightening-4.0% YoY
  • Tight rentals1.3%
  • Capital growth6.6%/yr
Risks
  • At top of budget (91% of cap)
  • No major construction project in this state

Construction ·Royal Hobart Hospital — Stage 313.2 kmConstruction · 2026