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Allenby Gardens vs Woods Point

Property investment comparison - Allenby Gardens, SA 5009 vs Woods Point, SA 5253

Head-to-head across core investment metrics: Allenby Gardens wins 1, Woods Point 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 GardensWoods Point
Median house price$1.2M-
Median unit price$920K$505K
Gross rental yield (houses)3.28%4.52%
Gross rental yield (units)-4.69%
1-year house growth+8.0%-
3-year house growth+33.1%-
Vacancy rate0.3%1.6%
Population2,045188

Allenby Gardens vs Woods Point: what the numbers say

For units, Allenby Gardens sits at a median of $920K against $505K in Woods Point, which makes Woods Point the more affordable unit market and Allenby Gardens the pricier one.

On cash flow, Woods Point leads: houses there return a gross rental yield of 4.52%, compared with 3.28% in Allenby Gardens, a gap of 1.24 percentage points.

Rental vacancy is 0.3% in Allenby Gardens and 1.6% in Woods Point, 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 188, roughly 11 times the size of Woods Point; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woods Point 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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Allenby Gardens vs Woods Point: Suburb Comparison 2026