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Margate vs Launceston 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. Margate

    TAS · 7054
    47Average
    Median
    $695k
    5y growth
    6.8%/yr
    BalancedStable entry point

  2. Launceston

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

  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
Margate
Launceston
Elizabeth
Capital growth (5y)
weight 22%
686.8%/yr
616.1%/yr
10011.8%/yr
Rental yield
weight 13%
603.0%
542.7%
542.7%
Rental demand
weight 10%
681.3%
551.8%
681.3%
Population growth
weight 12%
313.1%
313.1%
656.5%
Income growth
weight 12%
5213.0%
5213.0%
5614.0%
Construction pipeline
weight 15%
0–
0$0.0bn
0–
Affordability
weight 8%
2323% under cap
3434% under cap
5151% under cap
Supply tightening
weight 8%
70-4.0% YoY
60-2.0% YoY
75-5.0% YoY

Winner per dimension

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

  1. Margate

    1/8
    • Rental yield

  2. Launceston

    1/8
    • Construction pipeline

  3. Elizabeth

    5/8
    • Capital growth (5y)
    • Population growth
    • Income growth
    • Affordability
    • Supply tightening

Why Margate

Stable entry point

listings tightening 4.0% YoY, 6.8%/yr capital growth.

Drivers
  • Supply tightening-4.0% YoY
  • Capital growth6.8%/yr
  • Tight rentals1.3%
Risks
  • No major construction project in this state

Construction ·Royal Hobart Hospital — Stage 317.2 kmConstruction · 2026

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 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