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Launceston vs Tuart Hill vs Elizabeth — 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. Tuart Hill

    WA · 6060
    63Strong
    Median
    $845k
    5y growth
    9.8%/yr
    GrowthStable but fully priced

  3. Elizabeth

    SA · 5112
    60Strong
    Median
    $445k
    5y growth
    11.8%/yr
    GrowthStable entry · room to scale

Metric breakdown

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

Metric · weight
Launceston
Tuart Hill
Elizabeth
Capital growth (5y)
weight 22%
616.1%/yr
989.8%/yr
10011.8%/yr
Rental yield
weight 13%
542.7%
392.0%
542.7%
Rental demand
weight 10%
551.8%
751.0%
681.3%
Population growth
weight 12%
313.1%
10012.6%
656.5%
Income growth
weight 12%
5213.0%
7218.0%
5614.0%
Construction pipeline
weight 15%
0$0.0bn
0–
0–
Affordability
weight 8%
3434% under cap
66% under cap
5151% under cap
Supply tightening
weight 8%
60-2.0% YoY
95-9.0% YoY
75-5.0% YoY

Winner per dimension

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

  1. Launceston

    2/8
    • Rental yield
    • Construction pipeline

  2. Tuart Hill

    4/8
    • Rental demand
    • Population growth
    • Income growth
    • Supply tightening

  3. Elizabeth

    2/8
    • Capital growth (5y)
    • Affordability

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 Tuart Hill

Stable but fully priced

population +12.6% (5y), 9.8%/yr capital growth.

Drivers
  • Population growth+12.6% (5y)
  • Capital growth9.8%/yr
  • Supply tightening-9.0% YoY
  • Tight rentals1.0%
Risks
  • At top of budget (94% of cap)
  • Thin gross yield (2.0%)

Why Elizabeth

Stable entry · room to scale

11.8%/yr capital growth, listings tightening 5.0% YoY.

Drivers
  • Capital growth11.8%/yr
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Population growth+6.5% (5y)
Risks
  • No major construction project in this state