Alberton vs Allenby Gardens
Property investment comparison - Alberton, SA 5014 vs Allenby Gardens, SA 5009
Head-to-head across core investment metrics: Alberton wins 1, Allenby Gardens 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.
| Metric | Alberton | Allenby Gardens |
|---|---|---|
| Median house price | - | $1.2M |
| Median unit price | - | $920K |
| Gross rental yield (houses) | 3.48% | 3.28% |
| Gross rental yield (units) | 3.94% | - |
| 1-year house growth | - | +8.0% |
| 3-year house growth | - | +33.1% |
| Vacancy rate | 0.5% | 0.3% |
| Population | 1,860 | 2,045 |
Alberton vs Allenby Gardens: what the numbers say
On cash flow, Alberton leads: houses there return a gross rental yield of 3.48%, compared with 3.28% in Allenby Gardens, a gap of 0.20 percentage points.
Rental vacancy is 0.3% in Allenby Gardens and 0.5% in Alberton, so landlords in Allenby Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Allenby Gardens is the bigger suburb, with a population of 2,045 against 1,860, larger than Alberton; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alberton for rental income, Allenby Gardens 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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Allenby Gardens, SA 5009
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