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Allenby Gardens vs Globe Derby Park

Property investment comparison - Allenby Gardens, SA 5009 vs Globe Derby Park, SA 5110

Head-to-head across core investment metrics: Allenby Gardens wins 2, Globe Derby Park 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.

MetricAllenby GardensGlobe Derby Park
Median house price$1.2M-
Median unit price$920K$730K
Gross rental yield (houses)3.28%2.91%
Gross rental yield (units)-3.43%
1-year house growth+8.0%-
3-year house growth+33.1%-
Vacancy rate0.3%0.8%
Population2,045360

Allenby Gardens vs Globe Derby Park: what the numbers say

For units, Allenby Gardens sits at a median of $920K against $730K in Globe Derby Park, which makes Globe Derby Park 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 2.91% in Globe Derby Park, a gap of 0.37 percentage points.

Rental vacancy is 0.3% in Allenby Gardens and 0.8% in Globe Derby 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.

Allenby Gardens is the bigger suburb, with a population of 2,045 against 360, roughly 6 times the size of Globe Derby Park; 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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