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Largs Bay vs Port Elliot

Property investment comparison - Largs Bay, SA 5016 vs Port Elliot, SA 5212

Head-to-head across core investment metrics: Largs Bay wins 5, Port Elliot wins 0. 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.

MetricLargs BayPort Elliot
Median house price$1.0M$1.1M
Median unit price-$670K
Gross rental yield (houses)3.17%2.67%
Gross rental yield (units)4.42%2.49%
1-year house growth+11.3%estimate+6.3%
3-year house growth-+32.0%
Vacancy rate0.7%1.0%
Population4,1042,251

Largs Bay vs Port Elliot: what the numbers say

The median house price is $1.0M in Largs Bay and $1.1M in Port Elliot, so Largs Bay is the cheaper entry point, with Port Elliot houses about 3% dearer.

On cash flow, Largs Bay leads: houses there return a gross rental yield of 3.17%, compared with 2.67% in Port Elliot, a gap of 0.50 percentage points.

Over the past year house prices moved +11.3% in Largs Bay (an estimate) and +6.3% in Port Elliot, so recent momentum favours Largs Bay, although both suburbs recorded growth.

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

Largs Bay is the bigger suburb, with a population of 4,104 against 2,251, larger than Port Elliot; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Largs Bay for rental income, Largs Bay for a lower purchase price, Largs Bay for recent price momentum, Largs Bay 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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Largs Bay vs Port Elliot: Suburb Comparison 2026