Evanston South vs Tonsley
Property investment comparison - Evanston South, SA 5116 vs Tonsley, SA 5042
Head-to-head across core investment metrics: Evanston South wins 0, Tonsley 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 | Evanston South | Tonsley |
|---|---|---|
| Median house price | $770K | $770K |
| Median unit price | $695K | $465K |
| Gross rental yield (houses) | - | 4.37% |
| Gross rental yield (units) | 3.79% | - |
| 1-year house growth | - | +13.5%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 0.2% |
| Population | 765 | 743 |
Evanston South vs Tonsley: what the numbers say
Houses cost about the same in both suburbs: the median house price is $770K in Evanston South and $770K in Tonsley.
For units, Evanston South sits at a median of $695K against $465K in Tonsley, which makes Tonsley the more affordable unit market and Evanston South the pricier one.
Rental vacancy is 0.2% in Tonsley and 0.8% in Evanston South, so landlords in Tonsley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Evanston South is the bigger suburb, with a population of 765 against 743, larger than Tonsley; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Tonsley 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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