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Aldgate vs New Port

Property investment comparison - Aldgate, SA 5154 vs New Port, SA 5015

Head-to-head across core investment metrics: Aldgate wins 1, New Port wins 4. 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.

MetricAldgateNew Port
Median house price$1.6M-
Median unit price$535K$525K
Gross rental yield (houses)2.46%3.73%
Gross rental yield (units)6.39%4.59%
1-year house growth+6.8%estimate+11.4%
3-year house growth--
Vacancy rate1.2%0.8%
Population3,471647

Aldgate vs New Port: what the numbers say

For units, Aldgate sits at a median of $535K against $525K in New Port, which makes New Port the more affordable unit market and Aldgate the pricier one.

On cash flow, New Port leads: houses there return a gross rental yield of 3.73%, compared with 2.46% in Aldgate, a gap of 1.27 percentage points.

Over the past year house prices moved +6.8% in Aldgate (an estimate) and +11.4% in New Port, so recent momentum favours New Port, although both suburbs recorded growth.

Rental vacancy is 0.8% in New Port and 1.2% in Aldgate, so landlords in New Port 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 647, roughly 5 times the size of New Port; a larger suburb usually means a deeper pool of buyers and tenants.

In short: New Port for rental income, New Port for recent price momentum, New Port 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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