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Athelstone vs Renown Park

Property investment comparison - Athelstone, SA 5076 vs Renown Park, SA 5008

Head-to-head across core investment metrics: Athelstone wins 1, Renown Park 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.

MetricAthelstoneRenown Park
Median house price$1.1M-
Median unit price$630K$485K
Gross rental yield (houses)3.30%-
Gross rental yield (units)--
1-year house growth+14.1%-
3-year house growth+41.1%-
Vacancy rate0.5%1.6%
Population9,6011,663

Athelstone vs Renown Park: what the numbers say

For units, Athelstone sits at a median of $630K against $485K in Renown Park, which makes Renown Park the more affordable unit market and Athelstone the pricier one.

Rental vacancy is 0.5% in Athelstone and 1.6% in Renown Park, 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 1,663, roughly 6 times the size of Renown Park; a larger suburb usually means a deeper pool of buyers and tenants.

In short: 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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