Skip to main content

Athelstone vs West Richmond

Property investment comparison - Athelstone, SA 5076 vs West Richmond, SA 5033

Head-to-head across core investment metrics: Athelstone wins 0, West Richmond 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.

MetricAthelstoneWest Richmond
Median house price$1.1M-
Median unit price$630K-
Gross rental yield (houses)3.30%3.40%
Gross rental yield (units)-1.94%
1-year house growth+14.1%+14.2%
3-year house growth+41.1%+63.2%
Vacancy rate0.5%0.5%
Population9,6011,087

Athelstone vs West Richmond: what the numbers say

On cash flow, West Richmond leads: houses there return a gross rental yield of 3.40%, compared with 3.30% in Athelstone, a gap of 0.10 percentage points.

Over the past year house prices moved +14.1% in Athelstone and +14.2% in West Richmond, so recent momentum favours West Richmond, although both suburbs recorded growth.

Looking back three years, Athelstone houses are +41.1% and West Richmond houses +63.2%, so West Richmond 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 1,087, roughly 9 times the size of West Richmond; a larger suburb usually means a deeper pool of buyers and tenants.

In short: West Richmond for rental income, West Richmond for recent price momentum. 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