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Allenby Gardens vs Camden Park

Property investment comparison - Allenby Gardens, SA 5009 vs Camden Park, SA 5038

Head-to-head across core investment metrics: Allenby Gardens wins 1, Camden Park 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.

MetricAllenby GardensCamden Park
Median house price$1.2M-
Median unit price$920K$625K
Gross rental yield (houses)3.28%-
Gross rental yield (units)-4.60%
1-year house growth+8.0%+9.8%
3-year house growth+33.1%+42.1%
Vacancy rate0.3%0.9%
Population2,0453,338

Allenby Gardens vs Camden Park: what the numbers say

For units, Allenby Gardens sits at a median of $920K against $625K in Camden Park, which makes Camden Park the more affordable unit market and Allenby Gardens the pricier one.

Over the past year house prices moved +8.0% in Allenby Gardens and +9.8% in Camden Park, so recent momentum favours Camden Park, although both suburbs recorded growth.

Looking back three years, Allenby Gardens houses are +33.1% and Camden Park houses +42.1%, so Camden Park has compounded faster than Allenby Gardens over the longer window.

Rental vacancy is 0.3% in Allenby Gardens and 0.9% in Camden Park, 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.

Camden Park is the bigger suburb, with a population of 3,338 against 2,045, larger than Allenby Gardens; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Camden Park for recent price momentum, 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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