Port Adelaide vs Sellicks Beach

The median house price is $870K in Port Adelaide and $880K in Sellicks Beach, so Port Adelaide is the cheaper entry point, with Sellicks Beach houses about 1% dearer.

For units, Port Adelaide sits at a median of $700K against $1.4M in Sellicks Beach, which makes Port Adelaide the more affordable unit market and Sellicks Beach the pricier one.

On cash flow, Port Adelaide leads: houses there return a gross rental yield of 3.90%, compared with 3.46% in Sellicks Beach, a gap of 0.44 percentage points.

Over the past year house prices moved +15.3% in Port Adelaide (an estimate) and +14.0% in Sellicks Beach, so recent momentum favours Port Adelaide, although both suburbs recorded growth.

Rental vacancy is 0.6% in Port Adelaide and 0.9% in Sellicks Beach, so landlords in Port Adelaide face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Sellicks Beach is the bigger suburb, with a population of 2,705 against 1,338, roughly 2.0 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, Port Adelaide for a lower purchase price, Port Adelaide for recent price momentum, Port Adelaide for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.