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Allenby Gardens vs Salisbury Heights

Property investment comparison - Allenby Gardens, SA 5009 vs Salisbury Heights, SA 5109

Head-to-head across core investment metrics: Allenby Gardens wins 1, Salisbury Heights wins 2. 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 GardensSalisbury Heights
Median house price$1.2M-
Median unit price$920K-
Gross rental yield (houses)3.28%-
Gross rental yield (units)-3.46%
1-year house growth+8.0%+9.2%
3-year house growth+33.1%+53.2%
Vacancy rate0.3%0.6%
Population2,0454,488

Allenby Gardens vs Salisbury Heights: what the numbers say

Over the past year house prices moved +8.0% in Allenby Gardens and +9.2% in Salisbury Heights, so recent momentum favours Salisbury Heights, although both suburbs recorded growth.

Looking back three years, Allenby Gardens houses are +33.1% and Salisbury Heights houses +53.2%, so Salisbury Heights has compounded faster than Allenby Gardens over the longer window.

Rental vacancy is 0.3% in Allenby Gardens and 0.6% in Salisbury 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.

Salisbury Heights is the bigger suburb, with a population of 4,488 against 2,045, roughly 2.2 times the size of Allenby Gardens; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Salisbury Heights 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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