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Heathfield vs Hove

Property investment comparison - Heathfield, SA 5153 vs Hove, SA 5048

Head-to-head across core investment metrics: Heathfield wins 1, Hove 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.

MetricHeathfieldHove
Median house price$1.4M$1.4M
Median unit price$680K-
Gross rental yield (houses)2.60%2.80%
Gross rental yield (units)3.15%-
1-year house growth-+8.7%
3-year house growth-+14.2%
Vacancy rate3.9%0.5%
Population1,0623,189

Heathfield vs Hove: what the numbers say

The median house price is $1.4M in Heathfield and $1.4M in Hove, so Heathfield is the cheaper entry point, with Hove houses about 1% dearer.

On cash flow, Hove leads: houses there return a gross rental yield of 2.80%, compared with 2.60% in Heathfield, a gap of 0.20 percentage points.

Rental vacancy is 0.5% in Hove and 3.9% in Heathfield, so landlords in Hove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hove is the bigger suburb, with a population of 3,189 against 1,062, roughly 3.0 times the size of Heathfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hove for rental income, Heathfield for a lower purchase price, Hove 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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