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Albert Park vs Aldgate

Property investment comparison - Albert Park, SA 5014 vs Aldgate, SA 5154

Head-to-head across core investment metrics: Albert Park wins 1, Aldgate wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAlbert ParkAldgate
Median house price-$1.6M
Median unit price-$535K
Gross rental yield (houses)-2.46%
Gross rental yield (units)4.15%6.39%
1-year house growth-+6.8%estimate
3-year house growth--
Vacancy rate0.3%1.2%
Population1,7803,471

Albert Park vs Aldgate: what the numbers say

Rental vacancy is 0.3% in Albert Park and 1.2% in Aldgate, so landlords in Albert Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Aldgate is the bigger suburb, with a population of 3,471 against 1,780, larger than Albert Park; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albert Park for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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