Athelstone vs Hope Valley
Hope Valley (median $928,750) is roughly 18% cheaper to buy into than Athelstone ($1,139,000). Over the past year, Athelstone (+24.2%) ran 16.3 percentage points ahead of Hope Valley (+7.9%) on house-price growth.
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Athelstone and Hope Valley side by side
| Measure | Athelstone | Hope Valley |
|---|---|---|
| Price and market | ||
| Median house | $1,139,000 | $928,750 |
| Median unit | $274,320 | $240,480 |
| House price change, 12 months | +24.2% | +7.9% |
| Renting | ||
| House rent | $650/wk | $607/wk |
| Unit rent | $313/wk | $500/wk |
| Owner occupied | 85.0% | 66.0% |
| Renter occupied | 13.0% | 20.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1059 | 1038 |
| Lifestyle and people | ||
| Walk score | 2 | 32 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 9,601 | 8,184 |
| Median age | 43 | 46 |
| Climate | ||
| Annual rainfall | 578 mm | 578 mm |
| Mean max, January | 29.8°C | 29.8°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Hope Valley scores higher on walkability (2/100 vs 32/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Athelstone (1059) sits above Hope Valley (1038). Athelstone skews owner-occupied (85%), Hope Valley runs more rental-dense (66% owner).
- For buyers
- Hope Valley is the lower entry point at $928,750 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Hope Valley delivers the better gross yield (3.40% vs 2.97%), but Athelstone has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Athelstone edges out on average school ICSEA (1059 vs 1038). Athelstone also has a higher family-household share (80% vs 65%), so the catchment community skews family-heavy.
Athelstone vs Hope Valley: common questions
Is Athelstone or Hope Valley cheaper to buy in?
Hope Valley has the lower median house price at $928,750, roughly 18% below Athelstone ($1,139,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Athelstone or Hope Valley?
Over the past 12 months, Athelstone grew +24.2% vs +7.9% in Hope Valley, a gap of 16.3 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Athelstone or Hope Valley have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Athelstone scores 1059 vs 1038 in Hope Valley. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Athelstone or Hope Valley?
Hope Valley scores 32/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Athelstone or Hope Valley?
Gross rental yield on houses is 3.40% in Hope Valley vs 2.97% in Athelstone. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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