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Alberton vs Athelstone

Property investment comparison - Alberton, SA 5014 vs Athelstone, SA 5076

Head-to-head across core investment metrics: Alberton wins 1, Athelstone 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.

MetricAlbertonAthelstone
Median house price-$1.1M
Median unit price-$630K
Gross rental yield (houses)3.48%3.30%
Gross rental yield (units)3.94%-
1-year house growth-+14.1%
3-year house growth-+41.1%
Vacancy rate0.5%0.5%
Population1,8609,601

Alberton vs Athelstone: what the numbers say

On cash flow, Alberton leads: houses there return a gross rental yield of 3.48%, compared with 3.30% in Athelstone, a gap of 0.18 percentage points.

Rental vacancy is the same in both, at 0.5%.

Athelstone is the bigger suburb, with a population of 9,601 against 1,860, roughly 5 times the size of Alberton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alberton for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Alberton vs Athelstone: Suburb Comparison 2026