Aldgate SA Property Investment
Adelaide Hills · 5154 · Score: 69/100 · Buy
Aldgate Short-Term Rental (Airbnb) Market
Aldgate SA Investment Brief
BUY — 2.3% gross yield on a $1,625,000 (pending peer validation) median.
THE MARKET
Aldgate has compounded at 5.2%/yr over 5 years. Median sits in the $1,625,000 (pending peer validation) band today. Properties are sitting on market for 20 days (sellers have the leverage).
- Median house: $1,625,000 (pending peer validation) | Units: $530,581
- Gross yield: 2.3% | Net yield: 0.8%
- 5yr price CAGR: 5.2%/yr | 3yr forecast: 13.5%/yr
- Population: 3,471 | Owner-occupier rate: 93% | Affluence: Very High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 0.8% (improving) | Rental demand: Very High
- Median weekly rent: $720/wk | Days on market: 20 (improving)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $336/night | Occupancy: 32%
- Estimated annual STR gross: ~$39,306/yr
- vs long-term rent: $37,440/yr (comparable — LTR offers simpler management)
INFRASTRUCTURE & CATALYSTS
- North South Corridor (South Australia) (Under Construction)
- Adelaide Metro Train Services Franchise (Under Delivery)
- Transport: Belair station 10.4km away
BULL CASE
If Aldgate maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,868,750 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Aldgate pull back 10-15% from $1,625,000, with vacancy rising to 1.4% and rental yields softening as tenants gain leverage.
KEY RISKS
- Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property
COMPARABLE MARKETS
- Mitchell Park (SA): $1,170,500 median, 2.9% yield, 12.5% 1yr growth
- Croydon (SA): $1,560,000 median, 2.0% yield, 5.8% 1yr growth
- West Croydon (SA): $1,290,000 median, 2.6% yield, 15.1% 1yr growth
THE PLAY
Aldgate presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.3% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.
- Entry range: $1,462,500 – $1,787,500
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 5.2% + 10yr CAGR 6.8%
- +Very tight rental market (vacancy 0.8%) — upward price pressure
- +Active market (20 days avg)
- −High supply pipeline (852 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
134
2020
169
2021
214
2022
160
2023
175
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 5154
Decile 10 of 10 — Low disadvantage
Population
3,471
Education (IEO)
10/10
Econ. Resources (IER)
10/10
10-Year Investment Projection
Modelled on Aldgate SA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $720/wk median rent for Aldgate. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.