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Athelstone vs Rosewater

Property investment comparison - Athelstone, SA 5076 vs Rosewater, SA 5013

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

MetricAthelstoneRosewater
Median house price$1.1M-
Median unit price$630K$495K
Gross rental yield (houses)3.30%-
Gross rental yield (units)--
1-year house growth+14.1%+9.8%
3-year house growth+41.1%+60.6%
Vacancy rate0.5%0.6%
Population9,6013,582

Athelstone vs Rosewater: what the numbers say

For units, Athelstone sits at a median of $630K against $495K in Rosewater, which makes Rosewater the more affordable unit market and Athelstone the pricier one.

Over the past year house prices moved +14.1% in Athelstone and +9.8% in Rosewater, so recent momentum favours Athelstone, although both suburbs recorded growth.

Looking back three years, Athelstone houses are +41.1% and Rosewater houses +60.6%, so Rosewater has compounded faster than Athelstone over the longer window.

Rental vacancy is the same in both, at 0.5%.

Athelstone is the bigger suburb, with a population of 9,601 against 3,582, roughly 2.7 times the size of Rosewater; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Athelstone for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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