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Lockleys vs North Brighton

Property investment comparison - Lockleys, SA 5032 vs North Brighton, SA 5048

Head-to-head across core investment metrics: Lockleys wins 2, North Brighton 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.

MetricLockleysNorth Brighton
Median house price$1.5M$1.6M
Median unit price$610K-
Gross rental yield (houses)2.60%2.61%
Gross rental yield (units)-3.37%
1-year house growth+10.8%estimate+20.3%estimate
3-year house growth--
Vacancy rate0.7%0.8%
Population5,9872,665

Lockleys vs North Brighton: what the numbers say

The median house price is $1.5M in Lockleys and $1.6M in North Brighton, so Lockleys is the cheaper entry point, with North Brighton houses about 7% dearer.

Gross rental yield on houses is effectively level, at 2.60% in Lockleys and 2.61% in North Brighton, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +10.8% in Lockleys (an estimate) and +20.3% in North Brighton (an estimate), so recent momentum favours North Brighton, although both suburbs recorded growth.

Rental vacancy is the same in both, at 0.7%.

Lockleys is the bigger suburb, with a population of 5,987 against 2,665, roughly 2.2 times the size of North Brighton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lockleys for a lower purchase price, North Brighton for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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