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Snug vs Brighton vs Devonport — which is best for rental demand?

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. Snug

    TAS · 7054
    47Average
    Median
    $685k
    5y growth
    7.0%/yr
    BalancedStable entry point
  2. Brighton

    TAS · 7030
    52Average
    Median
    $545k
    5y growth
    8.2%/yr
    BalancedStable entry point
  3. Devonport

    TAS · 7310
    44Below trend
    Median
    $495k
    5y growth
    7.2%/yr
    BalancedStable entry · room to scale

Metric breakdown

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

Metric · weight
Snug
Brighton
Devonport
Capital growth (5y)
weight 22%
707.0%/yr
828.2%/yr
727.2%/yr
Rental yield
weight 13%
532.7%
673.3%
532.6%
Rental demand
weight 10%
681.3%
681.3%
402.4%
Population growth
weight 12%
313.1%
313.1%
313.1%
Income growth
weight 12%
5213.0%
5213.0%
4812.0%
Construction pipeline
weight 15%
0
1$0.1bn
0
Affordability
weight 8%
2424% under cap
3939% under cap
4545% under cap
Supply tightening
weight 8%
70-4.0% YoY
70-4.0% YoY
500.0% YoY

Winner per dimension

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

  1. Snug

    0/8

    No outright lead on any single dimension.

  2. Brighton

    3/8
    • Capital growth (5y)
    • Rental yield
    • Construction pipeline
  3. Devonport

    1/8
    • Affordability

Why Snug

Stable entry point

7.0%/yr capital growth, listings tightening 4.0% YoY.

Drivers
  • Capital growth7.0%/yr
  • Supply tightening-4.0% YoY
  • Tight rentals1.3%
Risks
  • No major construction project in this state

Construction ·Royal Hobart Hospital — Stage 320.1 kmConstruction · 2026

Why Brighton

Stable entry point

8.2%/yr capital growth, listings tightening 4.0% YoY.

Drivers
  • Capital growth8.2%/yr
  • Supply tightening-4.0% YoY
  • Tight rentals1.3%
  • Rental yield3.3%
Risks

No material risk flags raised by the model.

Construction ·New Bridgewater Bridge3.6 kmConstruction · 2025

Why Devonport

Stable entry · room to scale

7.2%/yr capital growth, 2.6% gross yield.

Drivers
  • Capital growth7.2%/yr
Risks
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus71.3 kmRecently completed · 2024