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Athelstone vs Basket Range

Property investment comparison - Athelstone, SA 5076 vs Basket Range, SA 5138

Head-to-head across core investment metrics: Athelstone wins 1, Basket Range 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.

MetricAthelstoneBasket Range
Median house price$1.1M$1.1M
Median unit price$630K-
Gross rental yield (houses)3.30%2.97%
Gross rental yield (units)--
1-year house growth+14.1%-
3-year house growth+41.1%-
Vacancy rate0.5%-
Population9,601364

Athelstone vs Basket Range: what the numbers say

The median house price is $1.1M in Athelstone and $1.1M in Basket Range, so Basket Range is the cheaper entry point, with Athelstone houses about 2% dearer.

On cash flow, Athelstone leads: houses there return a gross rental yield of 3.30%, compared with 2.97% in Basket Range, a gap of 0.33 percentage points.

Athelstone is the bigger suburb, with a population of 9,601 against 364, roughly 26 times the size of Basket Range; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Athelstone for rental income, Basket Range for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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