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Allenby Gardens vs Northern Heights

Property investment comparison - Allenby Gardens, SA 5009 vs Northern Heights, SA 5253

Head-to-head across core investment metrics: Allenby Gardens wins 1, Northern Heights 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 GardensNorthern Heights
Median house price$1.2M-
Median unit price$920K-
Gross rental yield (houses)3.28%5.37%
Gross rental yield (units)--
1-year house growth+8.0%-
3-year house growth+33.1%-
Vacancy rate0.3%1.6%
Population2,045305

Allenby Gardens vs Northern Heights: what the numbers say

On cash flow, Northern Heights leads: houses there return a gross rental yield of 5.37%, compared with 3.28% in Allenby Gardens, a gap of 2.09 percentage points.

Rental vacancy is 0.3% in Allenby Gardens and 1.6% in Northern Heights, 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 305, roughly 7 times the size of Northern Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Northern Heights 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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