Para Hills vs Strathalbyn
Property investment comparison - Para Hills, SA 5096 vs Strathalbyn, SA 5255
Head-to-head across core investment metrics: Para Hills wins 3, Strathalbyn wins 1. 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.
| Metric | Para Hills | Strathalbyn |
|---|---|---|
| Median house price | $810K | $810K |
| Median unit price | - | - |
| Gross rental yield (houses) | - | 3.75% |
| Gross rental yield (units) | 5.09% | 4.08% |
| 1-year house growth | +13.9% | +13.5% |
| 3-year house growth | +46.4% | +41.8% |
| Vacancy rate | 0.8% | 0.4% |
| Population | 6,793 | 7,246 |
Para Hills vs Strathalbyn: what the numbers say
Houses cost about the same in both suburbs: the median house price is $810K in Para Hills and $810K in Strathalbyn.
Over the past year house prices moved +13.9% in Para Hills and +13.5% in Strathalbyn, so recent momentum favours Para Hills, although both suburbs recorded growth.
Looking back three years, Para Hills houses are +46.4% and Strathalbyn houses +41.8%, so Para Hills has compounded faster than Strathalbyn over the longer window.
Rental vacancy is 0.4% in Strathalbyn and 0.8% in Para Hills, so landlords in Strathalbyn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Strathalbyn is the bigger suburb, with a population of 7,246 against 6,793, larger than Para Hills; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Para Hills for recent price momentum, Strathalbyn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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