Skip to main content

Allenby Gardens vs Hillcrest

Property investment comparison - Allenby Gardens, SA 5009 vs Hillcrest, SA 5086

Head-to-head across core investment metrics: Allenby Gardens wins 1, Hillcrest 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 GardensHillcrest
Median house price$1.2M-
Median unit price$920K-
Gross rental yield (houses)3.28%-
Gross rental yield (units)-4.60%
1-year house growth+8.0%+13.0%estimate
3-year house growth+33.1%-
Vacancy rate0.3%1.1%
Population2,0453,659

Allenby Gardens vs Hillcrest: what the numbers say

Over the past year house prices moved +8.0% in Allenby Gardens and +13.0% in Hillcrest (an estimate), so recent momentum favours Hillcrest, although both suburbs recorded growth.

Rental vacancy is 0.3% in Allenby Gardens and 1.1% in Hillcrest, 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.

Hillcrest is the bigger suburb, with a population of 3,659 against 2,045, larger than Allenby Gardens; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hillcrest 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.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison