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Aldgate vs Paralowie

Property investment comparison - Aldgate, SA 5154 vs Paralowie, SA 5108

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

MetricAldgateParalowie
Median house price$1.6M-
Median unit price$535K$505K
Gross rental yield (houses)2.46%4.19%
Gross rental yield (units)6.39%4.70%
1-year house growth+6.8%estimate+13.7%
3-year house growth-+52.8%
Vacancy rate1.2%1.1%
Population3,47117,504

Aldgate vs Paralowie: what the numbers say

For units, Aldgate sits at a median of $535K against $505K in Paralowie, which makes Paralowie the more affordable unit market and Aldgate the pricier one.

On cash flow, Paralowie leads: houses there return a gross rental yield of 4.19%, compared with 2.46% in Aldgate, a gap of 1.73 percentage points.

Over the past year house prices moved +6.8% in Aldgate (an estimate) and +13.7% in Paralowie, so recent momentum favours Paralowie, although both suburbs recorded growth.

Rental vacancy is 1.1% in Paralowie and 1.2% in Aldgate, so landlords in Paralowie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Paralowie is the bigger suburb, with a population of 17,504 against 3,471, roughly 5 times the size of Aldgate; a larger suburb usually means a deeper pool of buyers and tenants.

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