Allenby Gardens vs Renown Park
Property investment comparison - Allenby Gardens, SA 5009 vs Renown Park, SA 5008
Head-to-head across core investment metrics: Allenby Gardens wins 1, Renown 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.
| Metric | Allenby Gardens | Renown Park |
|---|---|---|
| Median house price | $1.2M | - |
| Median unit price | $920K | $485K |
| Gross rental yield (houses) | 3.28% | - |
| Gross rental yield (units) | - | - |
| 1-year house growth | +8.0% | - |
| 3-year house growth | +33.1% | - |
| Vacancy rate | 0.3% | 1.6% |
| Population | 2,045 | 1,663 |
Allenby Gardens vs Renown Park: what the numbers say
For units, Allenby Gardens sits at a median of $920K against $485K in Renown Park, which makes Renown Park the more affordable unit market and Allenby Gardens the pricier one.
Rental vacancy is 0.3% in Allenby Gardens and 1.6% in Renown 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 1,663, larger than Renown Park; a larger suburb usually means a deeper pool of buyers and tenants.
In short: 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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Allenby Gardens, SA 5009
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