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Craigburn Farm vs Hackney

Property investment comparison - Craigburn Farm, SA 5051 vs Hackney, SA 5069

Head-to-head across core investment metrics: Craigburn Farm wins 2, Hackney 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.

MetricCraigburn FarmHackney
Median house price$1.6M$1.6M
Median unit price$710K$1.4M
Gross rental yield (houses)2.37%2.51%
Gross rental yield (units)3.90%-
1-year house growth+14.9%estimate-
3-year house growth--
Vacancy rate0.3%1.1%
Population3,099575

Craigburn Farm vs Hackney: what the numbers say

The median house price is $1.6M in Craigburn Farm and $1.6M in Hackney, so Hackney is the cheaper entry point, with Craigburn Farm houses about 1% dearer.

For units, Craigburn Farm sits at a median of $710K against $1.4M in Hackney, which makes Craigburn Farm the more affordable unit market and Hackney the pricier one.

On cash flow, Hackney leads: houses there return a gross rental yield of 2.51%, compared with 2.37% in Craigburn Farm, a gap of 0.14 percentage points.

Rental vacancy is 0.3% in Craigburn Farm and 1.1% in Hackney, so landlords in Craigburn Farm face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Craigburn Farm is the bigger suburb, with a population of 3,099 against 575, roughly 5 times the size of Hackney; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hackney for rental income, Hackney for a lower purchase price, Craigburn Farm 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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