Klemzig vs Port Elliot

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

For units, Klemzig sits at a median of $530K against $670K in Port Elliot, which makes Klemzig the more affordable unit market and Port Elliot the pricier one.

Over the past year house prices moved +13.0% in Klemzig and +6.3% in Port Elliot, so recent momentum favours Klemzig, although both suburbs recorded growth.

Looking back three years, Klemzig houses are +40.0% and Port Elliot houses +32.0%, so Klemzig has compounded faster than Port Elliot over the longer window.

Rental vacancy is 0.7% in Klemzig and 1.0% in Port Elliot, so landlords in Klemzig face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Klemzig is the bigger suburb, with a population of 6,713 against 2,251, roughly 3.0 times the size of Port Elliot; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Port Elliot for a lower purchase price, Klemzig for recent price momentum, Klemzig for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.