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Aldgate vs Warradale

Property investment comparison - Aldgate, SA 5154 vs Warradale, SA 5046

Head-to-head across core investment metrics: Aldgate wins 2, Warradale 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.

MetricAldgateWarradale
Median house price$1.6M-
Median unit price$535K$755K
Gross rental yield (houses)2.46%2.79%
Gross rental yield (units)6.39%3.79%
1-year house growth+6.8%estimate+10.7%
3-year house growth-+55.3%
Vacancy rate1.2%0.8%
Population3,4715,801

Aldgate vs Warradale: what the numbers say

For units, Aldgate sits at a median of $535K against $755K in Warradale, which makes Aldgate the more affordable unit market and Warradale the pricier one.

On cash flow, Warradale leads: houses there return a gross rental yield of 2.79%, compared with 2.46% in Aldgate, a gap of 0.33 percentage points.

Over the past year house prices moved +6.8% in Aldgate (an estimate) and +10.7% in Warradale, so recent momentum favours Warradale, although both suburbs recorded growth.

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

Warradale is the bigger suburb, with a population of 5,801 against 3,471, larger than Aldgate; a larger suburb usually means a deeper pool of buyers and tenants.

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