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Ashbourne vs Athelstone

Property investment comparison - Ashbourne, SA 5157 vs Athelstone, SA 5076

Head-to-head across core investment metrics: Ashbourne wins 0, Athelstone 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.

MetricAshbourneAthelstone
Median house price-$1.1M
Median unit price$885K$630K
Gross rental yield (houses)-3.30%
Gross rental yield (units)2.02%-
1-year house growth-+14.1%
3-year house growth-+41.1%
Vacancy rate5.4%0.5%
Population3089,601

Ashbourne vs Athelstone: what the numbers say

For units, Ashbourne sits at a median of $885K against $630K in Athelstone, which makes Athelstone the more affordable unit market and Ashbourne the pricier one.

Rental vacancy is 0.5% in Athelstone and 5.4% in Ashbourne, so landlords in Athelstone face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Athelstone is the bigger suburb, with a population of 9,601 against 308, roughly 31 times the size of Ashbourne; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Athelstone 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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