Back to results

Sorell vs Wynyard vs Norwood — 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. Sorell

    TAS · 7172
    49Average
    Median
    $595k
    5y growth
    7.4%/yr
    BalancedStable entry point

  2. Wynyard

    TAS · 7325
    44Below trend
    Median
    $445k
    5y growth
    7.2%/yr
    GrowthStable entry · room to scale

  3. Norwood

    TAS · 7250
    44Below trend
    Median
    $595k
    5y growth
    6.2%/yr
    BalancedStable entry point

Metric breakdown

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

Metric · weight
Sorell
Wynyard
Norwood
Capital growth (5y)
weight 22%
747.4%/yr
727.2%/yr
626.2%/yr
Rental yield
weight 13%
613.1%
522.6%
562.8%
Rental demand
weight 10%
681.3%
402.4%
551.8%
Population growth
weight 12%
313.1%
313.1%
313.1%
Income growth
weight 12%
5213.0%
4812.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
3434% under cap
5151% under cap
3434% under cap
Supply tightening
weight 8%
70-4.0% YoY
500.0% YoY
60-2.0% YoY

Winner per dimension

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

  1. Sorell

    4/8
    • Capital growth (5y)
    • Rental yield
    • Rental demand
    • Supply tightening

  2. Wynyard

    1/8
    • Affordability

  3. Norwood

    0/8

    No outright lead on any single dimension.

Why Sorell

Stable entry point

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

Drivers
  • Capital growth7.4%/yr
  • Supply tightening-4.0% YoY
  • Tight rentals1.3%
  • Rental yield3.1%
Risks
  • No major construction project in this state

Construction ·Macquarie Point Stadium21.5 kmPlanned · 2029

Why Wynyard

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 Campus127.2 kmRecently completed · 2024

Why Norwood

Stable entry point

6.2%/yr capital growth, 2.8% gross yield.

Drivers
  • Capital growth6.2%/yr
  • Supply tightening-2.0% YoY
Risks
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus4.8 kmRecently completed · 2024