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Highbury vs Richmond

Property investment comparison - Highbury, SA 5089 vs Richmond, SA 5033

Head-to-head across core investment metrics: Highbury wins 2, Richmond 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.

MetricHighburyRichmond
Median house price$1.1M$1.1M
Median unit price-$610K
Gross rental yield (houses)3.20%3.07%
Gross rental yield (units)-4.25%
1-year house growth+17.4%estimate+12.1%
3-year house growth-+50.9%
Vacancy rate1.8%0.1%
Population6,9563,474

Highbury vs Richmond: what the numbers say

The median house price is $1.1M in Highbury and $1.1M in Richmond, so Richmond is the cheaper entry point, with Highbury houses about 1% dearer.

On cash flow, Highbury leads: houses there return a gross rental yield of 3.20%, compared with 3.07% in Richmond, a gap of 0.13 percentage points.

Over the past year house prices moved +17.4% in Highbury (an estimate) and +12.1% in Richmond, so recent momentum favours Highbury, although both suburbs recorded growth.

Rental vacancy is 0.1% in Richmond and 1.8% in Highbury, so landlords in Richmond face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Highbury is the bigger suburb, with a population of 6,956 against 3,474, roughly 2.0 times the size of Richmond; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Highbury for rental income, Richmond for a lower purchase price, Highbury for recent price momentum, Richmond 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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