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Athelstone vs Willunga South

Property investment comparison - Athelstone, SA 5076 vs Willunga South, SA 5172

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

MetricAthelstoneWillunga South
Median house price$1.1M-
Median unit price$630K$1.0M
Gross rental yield (houses)3.30%-
Gross rental yield (units)-1.88%
1-year house growth+14.1%-
3-year house growth+41.1%-
Vacancy rate0.5%6.3%
Population9,601470

Athelstone vs Willunga South: what the numbers say

For units, Athelstone sits at a median of $630K against $1.0M in Willunga South, which makes Athelstone the more affordable unit market and Willunga South the pricier one.

Rental vacancy is 0.5% in Athelstone and 6.3% in Willunga South, 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 470, roughly 20 times the size of Willunga South; 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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