Aldgate vs Munno Para West
Property investment comparison - Aldgate, SA 5154 vs Munno Para West, SA 5115
Head-to-head across core investment metrics: Aldgate wins 1, Munno Para West 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 | Aldgate | Munno Para West |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $535K | - |
| Gross rental yield (houses) | 2.46% | - |
| Gross rental yield (units) | 6.39% | - |
| 1-year house growth | +6.8%estimate | +11.8% |
| 3-year house growth | - | +52.8% |
| Vacancy rate | 1.2% | 1.8% |
| Population | 3,471 | 7,577 |
Aldgate vs Munno Para West: what the numbers say
Over the past year house prices moved +6.8% in Aldgate (an estimate) and +11.8% in Munno Para West, so recent momentum favours Munno Para West, although both suburbs recorded growth.
Rental vacancy is 1.2% in Aldgate and 1.8% in Munno Para West, so landlords in Aldgate face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Munno Para West is the bigger suburb, with a population of 7,577 against 3,471, roughly 2.2 times the size of Aldgate; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Munno Para West for recent price momentum, Aldgate 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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Munno Para West, SA 5115
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