Skip to main content

Bellevue Heights vs Ovingham

Property investment comparison - Bellevue Heights, SA 5050 vs Ovingham, SA 5082

Head-to-head across core investment metrics: Bellevue Heights wins 0, Ovingham wins 3. 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.

MetricBellevue HeightsOvingham
Median house price$1.2M-
Median unit price-$630K
Gross rental yield (houses)3.00%4.02%
Gross rental yield (units)2.50%4.17%
1-year house growth+15.9%-
3-year house growth+35.0%-
Vacancy rate1.6%0.5%
Population2,712766

Bellevue Heights vs Ovingham: what the numbers say

On cash flow, Ovingham leads: houses there return a gross rental yield of 4.02%, compared with 3.00% in Bellevue Heights, a gap of 1.02 percentage points.

Rental vacancy is 0.5% in Ovingham and 1.6% in Bellevue Heights, so landlords in Ovingham face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bellevue Heights is the bigger suburb, with a population of 2,712 against 766, roughly 3.5 times the size of Ovingham; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ovingham for rental income, Ovingham for the tighter rental market. 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