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

ALLENBY GARDENS in SA currently features property rental yields up to 3.0% with a 12-month capital growth value of Up 3.2%. 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 $1,125,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ALLENBY GARDENS 5009

State: SA

Updated: 10 July 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 3.0% and has experienced a 12-month capital growth of Up 3.2%, with a median house buy price of $1,125,000. 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% 2.9% Yield

3 house • buy

$945,000

Down -10.0% 3.1% Yield

4 house • buy

$1,200,000

Up 7.1% 3.1% Yield

all house • buy

$1,125,000

Up 3.2% 3.0% Yield

Suburb Market Profile

Last month Allenby Gardens had 3 properties available for rent and 5 properties for sale. Median property prices over the last year range from $1,125,000 for houses to $666,000 for units. If you are looking for an investment property, consider houses in Allenby Gardens rent out for $730 PW with an annual rental yield of 3.0% and units rent for $523 PW with a rental yield of 4.2%. Allenby Gardens has seen an annual compound growth rate of 3.2% for houses and 7.4% for units.

Loading local listings...