Launceston · 7248

Mowbray, TAS

67% under your cap, 6.6%/yr capital growth. Plenty of room under your cap if you want to stretch.

NextSuburb scoreTier C
48Average
Median house
$495k
5y growth
6.6%/yr
Gross yield
3.0%
Vacancy
1.8%
Stable entry · room to scaleMedium confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)6.6%/yr
    66/100
  • Population growth+3.1% (5y)
    31/100
  • Supply tightening-2.0% YoY
    60/100
  • Rental yield3.0%
    61/100
  • Rental demand1.8% vacancy
    55/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipeline$0.0bn nearby
    1/100
  • Affordability67% under cap
    67/100

Why this score

Mowbray scores 48/100 (Average). The two strongest signals: 6.6%/yr capital growth over five years and 3.0% gross rental yield. The standout watch-out: no material risk flags surfaced by the model.

Drivers
  • Budget headroom67% under cap
  • Capital growth6.6%/yr
  • Rental yield3.0%
  • Supply tightening-2.0% YoY
Risks

No material risk flags raised by the model.

Nearest infrastructure

UTAS Launceston Inveresk Campus1.3 km away

Recently completed · $0.3bn · completion 2024

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three TAS suburbs in the same budget band with the closest NextSuburb scores.

See the full TAS ranking

60-month score history

Backfilled — live history begins May 2026
374552Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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