Bellevue Heights vs Peterhead
Property investment comparison - Bellevue Heights, SA 5050 vs Peterhead, SA 5016
Head-to-head across core investment metrics: Bellevue Heights wins 2, Peterhead wins 2. 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 | Bellevue Heights | Peterhead |
|---|---|---|
| Median house price | $1.2M | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.00% | - |
| Gross rental yield (units) | 2.50% | 1.97% |
| 1-year house growth | +15.9% | +11.8% |
| 3-year house growth | +35.0% | +36.0% |
| Vacancy rate | 1.6% | 0.9% |
| Population | 2,712 | 1,201 |
Bellevue Heights vs Peterhead: what the numbers say
Over the past year house prices moved +15.9% in Bellevue Heights and +11.8% in Peterhead, so recent momentum favours Bellevue Heights, although both suburbs recorded growth.
Looking back three years, Bellevue Heights houses are +35.0% and Peterhead houses +36.0%, so Peterhead has compounded faster than Bellevue Heights over the longer window.
Rental vacancy is 0.9% in Peterhead and 1.6% in Bellevue Heights, so landlords in Peterhead 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 1,201, roughly 2.3 times the size of Peterhead; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bellevue Heights for recent price momentum, Peterhead for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Bellevue Heights, SA 5050
Open Bellevue Heights suburb profileRecent sales in Bellevue Heights
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison