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Alberton vs Bellevue Heights

Property investment comparison - Alberton, SA 5014 vs Bellevue Heights, SA 5050

Head-to-head across core investment metrics: Alberton wins 3, Bellevue Heights wins 0. 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.

MetricAlbertonBellevue Heights
Median house price-$1.2M
Median unit price--
Gross rental yield (houses)3.48%3.00%
Gross rental yield (units)3.94%2.50%
1-year house growth-+15.9%
3-year house growth-+35.0%
Vacancy rate0.5%1.6%
Population1,8602,712

Alberton vs Bellevue Heights: what the numbers say

On cash flow, Alberton leads: houses there return a gross rental yield of 3.48%, compared with 3.00% in Bellevue Heights, a gap of 0.48 percentage points.

Rental vacancy is 0.5% in Alberton and 1.6% in Bellevue Heights, so landlords in Alberton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bellevue Heights is the bigger suburb, with a population of 2,712 against 1,860, larger than Alberton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alberton for rental income, Alberton 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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