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Aldgate vs Redwood Park

Property investment comparison - Aldgate, SA 5154 vs Redwood Park, SA 5097

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

MetricAldgateRedwood Park
Median house price$1.6M-
Median unit price$535K-
Gross rental yield (houses)2.46%-
Gross rental yield (units)6.39%4.20%
1-year house growth+6.8%estimate+13.3%
3-year house growth-+34.0%
Vacancy rate1.2%0.8%
Population3,4715,367

Aldgate vs Redwood Park: what the numbers say

Over the past year house prices moved +6.8% in Aldgate (an estimate) and +13.3% in Redwood Park, so recent momentum favours Redwood Park, although both suburbs recorded growth.

Rental vacancy is 0.8% in Redwood Park and 1.2% in Aldgate, so landlords in Redwood Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Redwood Park is the bigger suburb, with a population of 5,367 against 3,471, larger than Aldgate; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Redwood Park for recent price momentum, Redwood Park 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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