Dry Creek vs Port Elliot
Property investment comparison - Dry Creek, SA 5094 vs Port Elliot, SA 5212
Head-to-head across core investment metrics: Dry Creek wins 3, Port Elliot wins 1. 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 | Dry Creek | Port Elliot |
|---|---|---|
| Median house price | $1.0M | $1.1M |
| Median unit price | - | $670K |
| Gross rental yield (houses) | 2.61% | 2.67% |
| Gross rental yield (units) | 3.09% | 2.49% |
| 1-year house growth | - | +6.3% |
| 3-year house growth | - | +32.0% |
| Vacancy rate | 0.7% | 1.0% |
| Population | 232 | 2,251 |
Dry Creek vs Port Elliot: what the numbers say
The median house price is $1.0M in Dry Creek and $1.1M in Port Elliot, so Dry Creek is the cheaper entry point, with Port Elliot houses about 3% dearer.
On cash flow, Port Elliot leads: houses there return a gross rental yield of 2.67%, compared with 2.61% in Dry Creek, a gap of 0.06 percentage points.
Rental vacancy is 0.7% in Dry Creek and 1.0% in Port Elliot, so landlords in Dry Creek face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Port Elliot is the bigger suburb, with a population of 2,251 against 232, roughly 10 times the size of Dry Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Port Elliot for rental income, Dry Creek for a lower purchase price, Dry Creek for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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
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