Aldgate vs Parkside
Property investment comparison - Aldgate, SA 5154 vs Parkside, SA 5063
Head-to-head across core investment metrics: Aldgate wins 3, Parkside wins 2. 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 | Parkside |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $535K | $855K |
| Gross rental yield (houses) | 2.46% | - |
| Gross rental yield (units) | 6.39% | 3.70% |
| 1-year house growth | +6.8%estimate | +14.7% |
| 3-year house growth | - | +38.9% |
| Vacancy rate | 1.2% | 1.1% |
| Population | 3,471 | 5,126 |
Aldgate vs Parkside: what the numbers say
The median house price is $1.6M in Aldgate and $1.6M in Parkside, so Aldgate is the cheaper entry point, with Parkside houses about 4% dearer.
For units, Aldgate sits at a median of $535K against $855K in Parkside, which makes Aldgate the more affordable unit market and Parkside the pricier one.
Over the past year house prices moved +6.8% in Aldgate (an estimate) and +14.7% in Parkside, so recent momentum favours Parkside, although both suburbs recorded growth.
Rental vacancy is 1.1% in Parkside and 1.2% in Aldgate, so landlords in Parkside face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Parkside is the bigger suburb, with a population of 5,126 against 3,471, larger than Aldgate; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aldgate for a lower purchase price, Parkside for recent price momentum, Parkside for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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