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Athelstone vs Kudla

Property investment comparison - Athelstone, SA 5076 vs Kudla, SA 5115

Head-to-head across core investment metrics: Athelstone wins 2, Kudla 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.

MetricAthelstoneKudla
Median house price$1.1M-
Median unit price$630K$635K
Gross rental yield (houses)3.30%-
Gross rental yield (units)-4.30%
1-year house growth+14.1%+21.2%
3-year house growth+41.1%+63.7%
Vacancy rate0.5%1.0%
Population9,601551

Athelstone vs Kudla: what the numbers say

For units, Athelstone sits at a median of $630K against $635K in Kudla, which makes Athelstone the more affordable unit market and Kudla the pricier one.

Over the past year house prices moved +14.1% in Athelstone and +21.2% in Kudla, so recent momentum favours Kudla, although both suburbs recorded growth.

Looking back three years, Athelstone houses are +41.1% and Kudla houses +63.7%, so Kudla has compounded faster than Athelstone over the longer window.

Rental vacancy is 0.5% in Athelstone and 1.0% in Kudla, 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 551, roughly 17 times the size of Kudla; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kudla 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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