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Aldgate vs Wingfield

Property investment comparison - Aldgate, SA 5154 vs Wingfield, SA 5013

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

MetricAldgateWingfield
Median house price$1.6M-
Median unit price$535K$565K
Gross rental yield (houses)2.46%2.47%
Gross rental yield (units)6.39%4.50%
1-year house growth+6.8%estimate+10.3%
3-year house growth--
Vacancy rate1.2%0.6%
Population3,471440

Aldgate vs Wingfield: what the numbers say

For units, Aldgate sits at a median of $535K against $565K in Wingfield, which makes Aldgate the more affordable unit market and Wingfield the pricier one.

Gross rental yield on houses is effectively level, at 2.46% in Aldgate and 2.47% in Wingfield, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +6.8% in Aldgate (an estimate) and +10.3% in Wingfield, so recent momentum favours Wingfield, although both suburbs recorded growth.

Rental vacancy is 0.6% in Wingfield and 1.2% in Aldgate, so landlords in Wingfield 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 440, roughly 8 times the size of Wingfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wingfield for recent price momentum, Wingfield 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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