Athelstone vs Erindale
Property investment comparison - Athelstone, SA 5076 vs Erindale, SA 5066
Head-to-head across core investment metrics: Athelstone wins 2, Erindale 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.
| Metric | Athelstone | Erindale |
|---|---|---|
| Median house price | $1.1M | - |
| Median unit price | $630K | $570K |
| Gross rental yield (houses) | 3.30% | - |
| Gross rental yield (units) | - | 4.67% |
| 1-year house growth | +14.1% | +5.4% |
| 3-year house growth | +41.1% | +48.9% |
| Vacancy rate | 0.5% | 4.9% |
| Population | 9,601 | 1,172 |
Athelstone vs Erindale: what the numbers say
For units, Athelstone sits at a median of $630K against $570K in Erindale, which makes Erindale the more affordable unit market and Athelstone the pricier one.
Over the past year house prices moved +14.1% in Athelstone and +5.4% in Erindale, so recent momentum favours Athelstone, although both suburbs recorded growth.
Looking back three years, Athelstone houses are +41.1% and Erindale houses +48.9%, so Erindale has compounded faster than Athelstone over the longer window.
Rental vacancy is 0.5% in Athelstone and 4.9% in Erindale, 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 1,172, roughly 8 times the size of Erindale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Athelstone for recent price momentum, Athelstone for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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