Aldgate vs West Richmond
Property investment comparison - Aldgate, SA 5154 vs West Richmond, SA 5033
Head-to-head across core investment metrics: Aldgate wins 1, West Richmond 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.
| Metric | Aldgate | West Richmond |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $535K | - |
| Gross rental yield (houses) | 2.46% | 3.40% |
| Gross rental yield (units) | 6.39% | 1.94% |
| 1-year house growth | +6.8%estimate | +14.2% |
| 3-year house growth | - | +63.2% |
| Vacancy rate | 1.2% | 0.5% |
| Population | 3,471 | 1,087 |
Aldgate vs West Richmond: what the numbers say
On cash flow, West Richmond leads: houses there return a gross rental yield of 3.40%, compared with 2.46% in Aldgate, a gap of 0.94 percentage points.
Over the past year house prices moved +6.8% in Aldgate (an estimate) and +14.2% in West Richmond, so recent momentum favours West Richmond, although both suburbs recorded growth.
Rental vacancy is 0.5% in West Richmond and 1.2% in Aldgate, so landlords in West Richmond 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 1,087, roughly 3.2 times the size of West Richmond; a larger suburb usually means a deeper pool of buyers and tenants.
In short: West Richmond for rental income, West Richmond for recent price momentum, West Richmond 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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