Hackney vs Lockleys
Property investment comparison - Hackney, SA 5069 vs Lockleys, SA 5032
Head-to-head across core investment metrics: Hackney wins 0, Lockleys wins 4. 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 | Hackney | Lockleys |
|---|---|---|
| Median house price | $1.6M | $1.5M |
| Median unit price | $1.4M | $610K |
| Gross rental yield (houses) | 2.51% | 2.60% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | +10.8%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 0.7% |
| Population | 575 | 5,987 |
Hackney vs Lockleys: what the numbers say
The median house price is $1.6M in Hackney and $1.5M in Lockleys, so Lockleys is the cheaper entry point, with Hackney houses about 4% dearer.
For units, Hackney sits at a median of $1.4M against $610K in Lockleys, which makes Lockleys the more affordable unit market and Hackney the pricier one.
On cash flow, Lockleys leads: houses there return a gross rental yield of 2.60%, compared with 2.51% in Hackney, a gap of 0.09 percentage points.
Rental vacancy is 0.7% in Lockleys and 1.1% in Hackney, so landlords in Lockleys face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lockleys is the bigger suburb, with a population of 5,987 against 575, roughly 10 times the size of Hackney; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lockleys for rental income, Lockleys for a lower purchase price, Lockleys 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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