Allendale East SA Property Investment
Wattle Range · 5291 · Score: 58/100 · Hold
Allendale East Short-Term Rental (Airbnb) Market
Allendale East SA Investment Brief
HOLD — 1.9% gross yield on a $600,819 (single source — OnTheHouse only, no peer to validate) median.
THE MARKET
Allendale East has compounded at 4.6%/yr over 5 years. Median sits in the $600,819 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 30 days (roughly balanced conditions).
- Median house: $600,819 (single source — OnTheHouse only, no peer to validate) | Units: $523,403
- Gross yield: 1.9% | Net yield: 0.4%
- 5yr price CAGR: 4.6%/yr | 3yr forecast: 13.5%/yr
- Population: 484 | Owner-occupier rate: 86% | Affluence: Above Average
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 1.8% (improving) | Rental demand: High
- Median weekly rent: $220/wk | Days on market: 30 (stable)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $435/night | Occupancy: 42%
- Estimated annual STR gross: ~$66,618/yr
- vs long-term rent: $11,440/yr (+482% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Standard suburban transport access
BULL CASE
If Allendale East maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $690,942 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Allendale East pull back 10-15% from $600,819, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Elizabeth Park (SA): $671,000 median, 3.9% yield, 16.7% 1yr growth
- Huntfield Heights (SA): $770,000 median, 4.0% yield, 16.0% 1yr growth
- Napperby (SA): $450,567 median, 2.1% yield, 20.3% 1yr growth
THE PLAY
Allendale East offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $540,737 – $660,901
- 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 4.6% + 10yr CAGR 5.3%
- +Above-average population growth (2.0%/yr)
- +Low rental vacancy (1.8%) — constrained supply
- −High supply pipeline (192 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
33
2020
41
2021
42
2022
47
2023
29
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 5291
Decile 7 of 10 — Average
Population
10,151
Education (IEO)
4/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Allendale East SA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $220/wk median rent for Allendale East. Capital growth and rent increase are editable assumptions.
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.