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Craigburn Farm vs Parkside

Property investment comparison - Craigburn Farm, SA 5051 vs Parkside, SA 5063

Head-to-head across core investment metrics: Craigburn Farm wins 5, Parkside 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.

MetricCraigburn FarmParkside
Median house price$1.6M$1.6M
Median unit price$710K$855K
Gross rental yield (houses)2.37%-
Gross rental yield (units)3.90%3.70%
1-year house growth+14.9%estimate+14.7%
3-year house growth-+38.9%
Vacancy rate0.3%1.1%
Population3,0995,126

Craigburn Farm vs Parkside: what the numbers say

The median house price is $1.6M in Craigburn Farm and $1.6M in Parkside, so Craigburn Farm is the cheaper entry point, with Parkside houses about 2% dearer.

For units, Craigburn Farm sits at a median of $710K against $855K in Parkside, which makes Craigburn Farm the more affordable unit market and Parkside the pricier one.

Over the past year house prices moved +14.9% in Craigburn Farm (an estimate) and +14.7% in Parkside, so recent momentum favours Craigburn Farm, although both suburbs recorded growth.

Rental vacancy is 0.3% in Craigburn Farm and 1.1% in Parkside, 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.

Parkside is the bigger suburb, with a population of 5,126 against 3,099, larger than Craigburn Farm; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Craigburn Farm for a lower purchase price, Craigburn Farm for recent price momentum, 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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