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Para Vista vs Port Adelaide

Property investment comparison - Para Vista, SA 5093 vs Port Adelaide, SA 5015

Head-to-head across core investment metrics: Para Vista wins 4, Port Adelaide 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.

MetricPara VistaPort Adelaide
Median house price$850K$870K
Median unit price-$700K
Gross rental yield (houses)3.79%3.90%
Gross rental yield (units)4.68%4.51%
1-year house growth+15.3%estimate+15.3%estimate
3-year house growth--
Vacancy rate0.3%0.6%
Population3,0231,338

Para Vista vs Port Adelaide: what the numbers say

The median house price is $850K in Para Vista and $870K in Port Adelaide, so Para Vista is the cheaper entry point, with Port Adelaide houses about 2% dearer.

On cash flow, Port Adelaide leads: houses there return a gross rental yield of 3.90%, compared with 3.79% in Para Vista, a gap of 0.11 percentage points.

Over the past year house prices moved +15.3% in Para Vista (an estimate) and +15.3% in Port Adelaide (an estimate), so recent momentum favours Para Vista, although both suburbs recorded growth.

Rental vacancy is 0.3% in Para Vista and 0.6% in Port Adelaide, so landlords in Para Vista face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Para Vista is the bigger suburb, with a population of 3,023 against 1,338, roughly 2.3 times the size of Port Adelaide; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Port Adelaide for rental income, Para Vista for a lower purchase price, Para Vista for recent price momentum, Para Vista 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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