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Blackwood vs Semaphore Park

Property investment comparison - Blackwood, SA 5051 vs Semaphore Park, SA 5019

Head-to-head across core investment metrics: Blackwood wins 2, Semaphore Park 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.

MetricBlackwoodSemaphore Park
Median house price$1.1M$1.1M
Median unit price$700K$755K
Gross rental yield (houses)3.10%-
Gross rental yield (units)3.87%4.20%
1-year house growth+7.1%+21.0%
3-year house growth+39.4%+22.2%
Vacancy rate0.4%0.4%
Population4,2664,541

Blackwood vs Semaphore Park: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Blackwood and $1.1M in Semaphore Park.

For units, Blackwood sits at a median of $700K against $755K in Semaphore Park, which makes Blackwood the more affordable unit market and Semaphore Park the pricier one.

Over the past year house prices moved +7.1% in Blackwood and +21.0% in Semaphore Park, so recent momentum favours Semaphore Park, although both suburbs recorded growth.

Looking back three years, Blackwood houses are +39.4% and Semaphore Park houses +22.2%, so Blackwood has compounded faster than Semaphore Park over the longer window.

Rental vacancy is the same in both, at 0.4%.

Semaphore Park is the bigger suburb, with a population of 4,541 against 4,266, larger than Blackwood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Semaphore Park for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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