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Athelstone vs Highbury

Property investment comparison - Athelstone, SA 5076 vs Highbury, SA 5089

Head-to-head across core investment metrics: Athelstone wins 3, Highbury 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.

MetricAthelstoneHighbury
Median house price$1.1M$1.1M
Median unit price$630K-
Gross rental yield (houses)3.30%3.20%
Gross rental yield (units)--
1-year house growth+14.1%+17.4%estimate
3-year house growth+41.1%-
Vacancy rate0.5%1.8%
Population9,6016,956

Athelstone vs Highbury: what the numbers say

The median house price is $1.1M in Athelstone and $1.1M in Highbury, so Athelstone is the cheaper entry point, with Highbury houses about 3% dearer.

On cash flow, Athelstone leads: houses there return a gross rental yield of 3.30%, compared with 3.20% in Highbury, a gap of 0.10 percentage points.

Over the past year house prices moved +14.1% in Athelstone and +17.4% in Highbury (an estimate), so recent momentum favours Highbury, although both suburbs recorded growth.

Rental vacancy is 0.5% in Athelstone and 1.8% in Highbury, 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 6,956, larger than Highbury; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Athelstone for rental income, Athelstone for a lower purchase price, Highbury 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.

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