Allenby Gardens vs Back Valley
Property investment comparison - Allenby Gardens, SA 5009 vs Back Valley, SA 5211
Head-to-head across core investment metrics: Allenby Gardens wins 2, Back Valley 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.
| Metric | Allenby Gardens | Back Valley |
|---|---|---|
| Median house price | $1.2M | - |
| Median unit price | $920K | $605K |
| Gross rental yield (houses) | 3.28% | 2.53% |
| Gross rental yield (units) | - | 3.86% |
| 1-year house growth | +8.0% | - |
| 3-year house growth | +33.1% | - |
| Vacancy rate | 0.3% | 2.4% |
| Population | 2,045 | 176 |
Allenby Gardens vs Back Valley: what the numbers say
For units, Allenby Gardens sits at a median of $920K against $605K in Back Valley, which makes Back Valley the more affordable unit market and Allenby Gardens the pricier one.
On cash flow, Allenby Gardens leads: houses there return a gross rental yield of 3.28%, compared with 2.53% in Back Valley, a gap of 0.75 percentage points.
Rental vacancy is 0.3% in Allenby Gardens and 2.4% in Back Valley, so landlords in Allenby Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Allenby Gardens is the bigger suburb, with a population of 2,045 against 176, roughly 12 times the size of Back Valley; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Allenby Gardens for rental income, Allenby Gardens 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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Allenby Gardens, SA 5009
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