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Athelstone vs Waitpinga

Property investment comparison - Athelstone, SA 5076 vs Waitpinga, SA 5211

Head-to-head across core investment metrics: Athelstone wins 2, Waitpinga wins 0. 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.

MetricAthelstoneWaitpinga
Median house price$1.1M-
Median unit price$630K$985K
Gross rental yield (houses)3.30%-
Gross rental yield (units)-2.63%
1-year house growth+14.1%-
3-year house growth+41.1%-
Vacancy rate0.5%2.1%
Population9,601374

Athelstone vs Waitpinga: what the numbers say

For units, Athelstone sits at a median of $630K against $985K in Waitpinga, which makes Athelstone the more affordable unit market and Waitpinga the pricier one.

Rental vacancy is 0.5% in Athelstone and 2.1% in Waitpinga, 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 374, roughly 26 times the size of Waitpinga; 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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