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Aldgate vs Renown Park

Property investment comparison - Aldgate, SA 5154 vs Renown Park, SA 5008

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

MetricAldgateRenown Park
Median house price$1.6M-
Median unit price$535K$485K
Gross rental yield (houses)2.46%-
Gross rental yield (units)6.39%-
1-year house growth+6.8%estimate-
3-year house growth--
Vacancy rate1.2%1.6%
Population3,4711,663

Aldgate vs Renown Park: what the numbers say

For units, Aldgate sits at a median of $535K against $485K in Renown Park, which makes Renown Park the more affordable unit market and Aldgate the pricier one.

Rental vacancy is 1.2% in Aldgate and 1.6% in Renown Park, so landlords in Aldgate 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 1,663, roughly 2.1 times the size of Renown Park; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aldgate 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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