Is ALLENBY GARDENS a good suburb for positive geared property investment in Australia?

ALLENBY GARDENS in SA currently features property rental yields up to 3.3% with a 12-month capital growth value of Up 7.8%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ALLENBY GARDENS 5009?

The median house price in ALLENBY GARDENS 5009 is approximately $1,166,500 based on the latest tracked market indices.

Investment Spotlight • Australia

ALLENBY GARDENS 5009

State: SA

Updated: 5 August 2026

PosiProp AI Investment Summary

ALLENBY GARDENS (SA 5009) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 7.8%, with a median house buy price of $1,166,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,240,000

Up 41.1% 3.1% Yield

3 house • buy

$945,000

Down -10.0% 3.4% Yield

4 house • buy

$1,205,000

Up 7.6% 3.4% Yield

all house • buy

$1,166,500

Up 7.8% 3.3% Yield

Suburb Market Profile

Last month Allenby Gardens had 5 properties available for rent and 7 properties for sale. Median property prices over the last year range from $1,166,500 for houses to $585,000 for units. If you are looking for an investment property, consider houses in Allenby Gardens rent out for $740 PW with an annual rental yield of 3.3% and units rent for $523 PW with a rental yield of 4.3%. Allenby Gardens has seen an annual compound growth rate of 7.8% for houses and -2.5% for units.

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