Athelstone vs Surrey Downs
Property investment comparison - Athelstone, SA 5076 vs Surrey Downs, SA 5126
Head-to-head across core investment metrics: Athelstone wins 0, Surrey Downs wins 4. 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.
| Metric | Athelstone | Surrey Downs |
|---|---|---|
| Median house price | $1.1M | - |
| Median unit price | $630K | - |
| Gross rental yield (houses) | 3.30% | 3.66% |
| Gross rental yield (units) | - | 1.86% |
| 1-year house growth | +14.1% | +16.0% |
| 3-year house growth | +41.1% | +46.8% |
| Vacancy rate | 0.5% | 0.5% |
| Population | 9,601 | 3,358 |
Athelstone vs Surrey Downs: what the numbers say
On cash flow, Surrey Downs leads: houses there return a gross rental yield of 3.66%, compared with 3.30% in Athelstone, a gap of 0.36 percentage points.
Over the past year house prices moved +14.1% in Athelstone and +16.0% in Surrey Downs, so recent momentum favours Surrey Downs, although both suburbs recorded growth.
Looking back three years, Athelstone houses are +41.1% and Surrey Downs houses +46.8%, so Surrey Downs 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 3,358, roughly 2.9 times the size of Surrey Downs; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Surrey Downs for rental income, Surrey Downs for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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