Skip to main content

Athelstone vs Northern Heights

Property investment comparison - Athelstone, SA 5076 vs Northern Heights, SA 5253

Head-to-head across core investment metrics: Athelstone wins 1, Northern Heights 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.

MetricAthelstoneNorthern Heights
Median house price$1.1M-
Median unit price$630K-
Gross rental yield (houses)3.30%5.37%
Gross rental yield (units)--
1-year house growth+14.1%-
3-year house growth+41.1%-
Vacancy rate0.5%1.6%
Population9,601305

Athelstone vs Northern Heights: what the numbers say

On cash flow, Northern Heights leads: houses there return a gross rental yield of 5.37%, compared with 3.30% in Athelstone, a gap of 2.07 percentage points.

Rental vacancy is 0.5% in Athelstone and 1.6% in Northern Heights, 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 305, roughly 31 times the size of Northern Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Northern Heights for rental income, 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

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison