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Allenby Gardens vs Kudla

Property investment comparison - Allenby Gardens, SA 5009 vs Kudla, SA 5115

Head-to-head across core investment metrics: Allenby Gardens wins 1, Kudla 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 GardensKudla
Median house price$1.2M-
Median unit price$920K$635K
Gross rental yield (houses)3.28%-
Gross rental yield (units)-4.30%
1-year house growth+8.0%+21.2%
3-year house growth+33.1%+63.7%
Vacancy rate0.3%1.0%
Population2,045551

Allenby Gardens vs Kudla: what the numbers say

For units, Allenby Gardens sits at a median of $920K against $635K in Kudla, which makes Kudla the more affordable unit market and Allenby Gardens the pricier one.

Over the past year house prices moved +8.0% in Allenby Gardens and +21.2% in Kudla, so recent momentum favours Kudla, although both suburbs recorded growth.

Looking back three years, Allenby Gardens houses are +33.1% and Kudla houses +63.7%, so Kudla has compounded faster than Allenby Gardens over the longer window.

Rental vacancy is 0.3% in Allenby Gardens and 1.0% in Kudla, 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 551, roughly 3.7 times the size of Kudla; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kudla 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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