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Allenby Gardens vs Noarlunga Centre

Property investment comparison - Allenby Gardens, SA 5009 vs Noarlunga Centre, SA 5168

Head-to-head across core investment metrics: Allenby Gardens wins 2, Noarlunga Centre wins 0. 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 GardensNoarlunga Centre
Median house price$1.2M-
Median unit price$920K-
Gross rental yield (houses)3.28%2.76%
Gross rental yield (units)-4.47%
1-year house growth+8.0%-
3-year house growth+33.1%-
Vacancy rate0.3%1.0%
Population2,045203

Allenby Gardens vs Noarlunga Centre: what the numbers say

On cash flow, Allenby Gardens leads: houses there return a gross rental yield of 3.28%, compared with 2.76% in Noarlunga Centre, a gap of 0.52 percentage points.

Rental vacancy is 0.3% in Allenby Gardens and 1.0% in Noarlunga Centre, 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 203, roughly 10 times the size of Noarlunga Centre; 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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