Highest rental yield suburbs in Adelaide
The top 25 suburbs in Adelaide by gross rental yield, ranked separately for houses and units. Gross yield is a year's median rent as a share of the median price. A suburb is ranked only when it has at least 10 sales of that dwelling type in the past year and a median price and rent that independent evidence agrees on, so a figure built from a handful of listings cannot top the table.
Highest rental yield suburbs in Adelaide: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | EyreSA 5121 | 4.3% | $720,000 | $575/wk |
| 2 | Old ReynellaSA 5161 | 4.1% | $910,000 | $665/wk |
| 3 | HackhamSA 5163 | 4.0% | $795,000 | $600/wk |
| 4 | Christie DownsSA 5164 | 4.0% | $775,000 | $580/wk |
| 5 | LightsviewSA 5085 | 3.9% | $955,000 | $695/wk |
| 6 | Angle ParkSA 5010 | 3.9% | $855,000 | - |
| 7 | HewettSA 5118 | 3.8% | $950,000 | $665/wk |
| 8 | Modbury HeightsSA 5092 | 3.6% | $985,000 | $655/wk |
| 9 | Oaklands ParkSA 5046 | 3.5% | $930,000 | $665/wk |
| 10 | BirkenheadSA 5015 | 3.5% | $900,000 | $610/wk |
| 11 | MacclesfieldSA 5153 | 3.4% | $1,065,000 | $725/wk |
| 12 | Christies BeachSA 5165 | 3.3% | $920,000 | - |
| 13 | AthelstoneSA 5076 | 3.3% | $1,080,000 | - |
| 14 | Port WillungaSA 5173 | 3.2% | $1,050,000 | $590/wk |
| 15 | Brooklyn ParkSA 5032 | 3.2% | $1,120,000 | $675/wk |
| 16 | ParadiseSA 5075 | 3.2% | $1,040,000 | $650/wk |
| 17 | Glenelg NorthSA 5045 | 3.0% | $1,365,000 | $790/wk |
| 18 | CrafersSA 5152 | 3.0% | $1,460,000 | - |
| 19 | WillungaSA 5172 | 3.0% | $1,155,000 | - |
| 20 | NetleySA 5037 | 3.0% | $1,125,000 | $650/wk |
| 21 | HectorvilleSA 5073 | 3.0% | $1,160,000 | $670/wk |
Highest rental yield suburbs in Adelaide: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | LightsviewSA 5085 | 5.2% | $600,000 | $640/wk |
| 2 | RosewaterSA 5013 | 5.2% | $485,000 | $490/wk |
| 3 | KlemzigSA 5087 | 5.1% | $520,000 | $515/wk |
| 4 | WalkervilleSA 5081 | 5.1% | $570,000 | $615/wk |
| 5 | Henley Beach SouthSA 5022 | 5.0% | $545,000 | $520/wk |
| 6 | Mawson LakesSA 5095 | 4.9% | $600,000 | $560/wk |
| 7 | Kurralta ParkSA 5037 | 4.8% | $555,000 | $515/wk |
| 8 | ParalowieSA 5108 | 4.8% | $500,000 | $480/wk |
| 9 | Westbourne ParkSA 5041 | 4.8% | $580,000 | $530/wk |
| 10 | St MarysSA 5042 | 4.8% | $505,000 | $490/wk |
| 11 | Athol ParkSA 5012 | 4.7% | $605,000 | $560/wk |
| 12 | PlymptonSA 5038 | 4.7% | $590,000 | $530/wk |
| 13 | Salisbury EastSA 5109 | 4.7% | $530,000 | $480/wk |
| 14 | Gawler SouthSA 5118 | 4.7% | $545,000 | $460/wk |
| 15 | BowdenSA 5007 | 4.7% | $720,000 | $650/wk |
| 16 | CheltenhamSA 5014 | 4.7% | $665,000 | $590/wk |
| 17 | WoodvilleSA 5011 | 4.6% | $620,000 | $550/wk |
| 18 | Brooklyn ParkSA 5032 | 4.6% | $520,000 | $480/wk |
| 19 | PoorakaSA 5095 | 4.6% | $610,000 | $550/wk |
| 20 | KilburnSA 5084 | 4.6% | $550,000 | $490/wk |
| 21 | FindonSA 5023 | 4.6% | $650,000 | $575/wk |
| 22 | Gawler EastSA 5118 | 4.6% | $580,000 | $500/wk |
| 23 | Woodville SouthSA 5011 | 4.6% | $645,000 | $545/wk |
| 24 | Port AdelaideSA 5015 | 4.5% | $710,000 | - |
| 25 | Windsor GardensSA 5087 | 4.5% | $585,000 | $515/wk |
How this ranking works
- Gross yield is the median weekly rent x 52, divided by the median sale price, for each dwelling type.
- A suburb is ranked only with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents, and a median price that independent evidence agrees on.
- Yields outside 3% to 9.5% are left out: figures beyond that range usually describe a wider area than the suburb, not the suburb itself.
- Where several suburbs share one postcode's figures, only the largest is listed. A rent shown as a dash is not yet well enough supported to publish.
- Suburb figures are refreshed as new market data arrives, at most about once a fortnight. Gross yield is before costs; use the rental yield calculator for net yield and cashflow on a specific property.
Rental yields in other states and cities
Growth outlook
Adelaide suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in Adelaide
Yield, growth, affordability and tight rental markets in one guide.
Calculator
Rental yield calculator
Gross and net yield, cashflow after interest and DSCR for one property.
Rental yield in Adelaide: frequently asked questions
Which Adelaide suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in Adelaide are in Eyre SA 5121, Old Reynella SA 5161 and Hackham SA 5163. Eyre SA 5121 leads at 4.3%, with a median house price of $720,000.
Which Adelaide suburbs have the highest rental yield for units?
For units, the highest gross yields in Adelaide are in Lightsview SA 5085, Rosewater SA 5013 and Klemzig SA 5087. Lightsview SA 5085 leads at 5.2%, on a median rent of $640/wk.
How is gross rental yield calculated?
Gross rental yield = weekly rent x 52 / price x 100. A suburb's figure uses its median weekly rent and median sale price for that dwelling type. It is before costs: rates, insurance, management, maintenance, strata and vacancy usually take 1.5 to 2 percentage points off, which is the net yield.
Is the highest-yield suburb the best investment?
Not on its own. High yields often come with lower expected growth, a thinner buyer pool or more vacancy risk, and a high figure can reflect a fall in prices rather than a rise in rents. Use the ranking to find suburbs to research, then check each suburb's vacancy, growth outlook and recent sales.
How often are these rankings updated?
Suburb medians are refreshed as new market data arrives, at most about once a fortnight, and this page picks the changes up within a day.
General information only, not personal financial advice. Check a suburb's own page and recent sales before relying on any figure.