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Aldgate vs Osborne

Property investment comparison - Aldgate, SA 5154 vs Osborne, SA 5017

Head-to-head across core investment metrics: Aldgate wins 1, Osborne wins 3. 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.

MetricAldgateOsborne
Median house price$1.6M-
Median unit price$535K-
Gross rental yield (houses)2.46%3.91%
Gross rental yield (units)6.39%2.38%
1-year house growth+6.8%estimate+10.9%
3-year house growth-+43.4%
Vacancy rate1.2%0.9%
Population3,4711,951

Aldgate vs Osborne: what the numbers say

On cash flow, Osborne leads: houses there return a gross rental yield of 3.91%, compared with 2.46% in Aldgate, a gap of 1.45 percentage points.

Over the past year house prices moved +6.8% in Aldgate (an estimate) and +10.9% in Osborne, so recent momentum favours Osborne, although both suburbs recorded growth.

Rental vacancy is 0.9% in Osborne and 1.2% in Aldgate, so landlords in Osborne 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 1,951, larger than Osborne; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Osborne for rental income, Osborne for recent price momentum, Osborne 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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