Buying real estate in Adelaide?

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11 statistics for the Adelaide real estate market in 2025

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Authored by the expert who managed and guided the team behind the Australia Property Pack

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What do the latest numbers reveal about Adelaide’s real estate market? Are property prices on the rise, or are they stabilizing? Which suburbs offer the highest rental yields, and how does local investment influence these trends?

We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Adelaide, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.

Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝

At BambooRoutes, we study the Adelaide real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

When working on this content, we started by gathering insights from these conversations and our own observations. But we didn’t stop there. To make sure our statistics and data are reliable, we also dug into trusted sources like NAB’s market insights, the Australian Bureau of Statistics, and City of Adelaide’s sustainability initiatives (among many others).

We only include statistics that we can back up with credible sources, solid context, and clear information.

If we can’t find enough supporting data or context, we leave them out. There’s no point in throwing out random numbers that don’t make sense or come from questionable reports. Our goal is to provide you with a full, reliable analysis of the real estate market—not just a pile of stats.

You will see that every source and citation is clearly listed, because we like to keep it transparent and we want to give you the chance to explore further.

We also use a bit of AI, but only during the writing phase. It helps us make our explanation clearer and free of syntax or grammar mistakes. We believe you prefer it this way, right?

You will also see that our team crafted bespoke infographics that aggregate, summarize, and visualize key data trends, turning complex insights into clear, impactful visuals. We hope you will like them! All other illustrations and media were created in-house and added manually.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) Luxury property sales in Adelaide rose by 5% in 2024

Adelaide's luxury property market experienced a 5% increase in sales in 2024.

This growth is largely due to low-interest rates and accumulated savings, which have empowered buyers to invest in high-end properties. The luxury segment has been thriving, with a 6.6% surge in the top 25% of property values over the past three months, compared to a 4.5% increase in the bottom 25%.

Adelaide's overall property market is also showing impressive strength. Dwelling values have risen by 5% over the past three months, driven by strong demand for both luxury and more modest homes.

Interestingly, unit values are increasing at an annual rate of 18.5%, which is outpacing houses at 15.1%. This indicates a robust interest in diverse property types across the city.

These trends highlight the dynamic nature of Adelaide's property market, where both luxury and more affordable segments are seeing significant growth.

Sources: Kodari Magazine, OCRE

2) Adelaide's median unit price rose by 2.5% in 2024

In 2024, Adelaide's median unit price increased by 2.5%.

The city's property market has been on a roll, with dwelling values jumping 5% in just three months. By September 2024, Adelaide's median dwelling value had surpassed Melbourne's, hitting $802,075. This shows how Adelaide is becoming a hot spot for property buyers.

Units, in particular, have been shining. They saw an annual growth of 18.5%, outpacing houses. By November 2024, the median unit price had risen by 1.5%, contributing to quarterly gains of 4.2% and an annual growth of 18.0%. This trend highlights the strong demand for units in the city.

Interest rates have also played a part. The Reserve Bank of Australia kept the official cash rate at 4.35%, which helped stabilize the market. Despite these rates, Adelaide's housing market, especially in the lower and mid-price sectors, showed resilience.

Units have become a favorite among investors and first-home buyers due to their affordability. This has further fueled demand, making them a smart choice for those looking to enter the property market.

Sources: OCRE, NAB, OpenAgent

infographics rental yields citiesAdelaide

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Australia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

3) Coastal property values in Adelaide rose by 6% in 2024

In 2024, Adelaide's coastal properties saw a 6% increase in value.

This growth is largely due to major infrastructure projects, such as the expansion of Adelaide Airport and enhancements along the North-South Corridor. These improvements have made the coastal areas more accessible, attracting more people who are drawn to the improved lifestyle options.

The appeal of these areas has naturally led to a rise in property values. With better access and amenities, more buyers are interested in these coastal properties, driving up demand and prices.

Moreover, the South Australian coastal property market has been experiencing robust growth overall. This trend is expected to continue, thanks to ongoing development projects that further enhance the area's appeal.

Infrastructural improvements are not just a one-time boost; they are part of a larger trend that continues to support property value increases. As these projects progress, they contribute to a more vibrant and attractive community.

With these developments, Adelaide's coastal properties are becoming increasingly desirable, making them a smart investment choice for potential buyers.

Sources: Broadland Estates, Refined Real Estate

4) The number of properties sold to families in Adelaide rose by 3% in 2024

In 2024, Adelaide's property market experienced a 3% increase in properties sold to families.

This uptick is part of a broader trend, with median house prices rising by 13.4% and unit prices by 18.0% over the past year. Such growth makes Adelaide an attractive option for families seeking stable investments and homes in a thriving area.

Despite national trends, Adelaide's market has shown resilience. Over the past three months, dwelling values surged by 5%, and the lower end of the market saw a significant 20.9% increase over the past year. This indicates that more affordable properties, often favored by families, have become more available and appealing.

Strong demand and tight supply dynamics in Adelaide have also played a role. Families are particularly motivated to buy now, driven by competitive market conditions and the desire to secure a home before prices potentially rise further.

Adelaide's property market is thriving, with affordable options becoming more attractive to families. This trend is supported by the city's overall economic growth and the increasing availability of family-friendly properties.

As families continue to seek out Adelaide for its stability and growth potential, the market is expected to remain competitive, with more families entering the market to secure their future homes.

Sources: OpenAgent, OCRE

5) Properties sold in Adelaide rose by 6% in 2024

In 2024, the number of properties sold in Adelaide increased by 6%.

This growth was largely due to Adelaide's strong property market, which showed impressive resilience even as national trends slowed. The city's market thrived on its affordability and the high demand for homes, making it a standout in the real estate sector.

According to the Real Estate Institute of South Australia, there was a notable rise in sales volume across both South Australia and metropolitan Adelaide. Specifically, sales jumped by 16.86% and 21.40% from the previous quarter in June 2024, indicating a vibrant and active market.

This surge in sales activity suggests that buyers were eager to invest in Adelaide's real estate, contributing significantly to the overall increase in properties sold throughout the year.

Another factor was the rising property prices in Adelaide, which likely spurred more buyers to act quickly. As prices hit new records, many were motivated to purchase before costs climbed even higher, further boosting sales.

These elements combined to create a dynamic market environment, making Adelaide an attractive option for potential property buyers.

Sources: Refined Real Estate, InDaily

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6) Adelaide properties with solar panels are expected to increase by 10% in 2025

In 2025, Adelaide is set to see a 10% increase in properties with solar panels.

This growth aligns with a national trend, as the Clean Energy Regulator predicts over 300,000 solar panel installations annually across Australia for six years straight, including 2025. Adelaide, being part of this broader movement, is expected to follow suit with more solar panel installations.

The City of Adelaide is also pushing for change by committing to 100% renewable electricity through a partnership with Flow Power. This involves installing solar panels on council buildings, setting a powerful example for homeowners and businesses to adopt similar practices.

While specific numbers for Adelaide aren't detailed, regions with sunny climates, like Adelaide, often see a boost in solar installations. This mirrors trends in other sun-rich areas where solar panels not only reduce energy costs but also increase property value.

Adelaide's favorable conditions for solar energy make it a prime candidate for this growth. The city's initiatives and natural advantages are likely to drive more residents to invest in solar technology.

As more properties adopt solar panels, the benefits extend beyond individual savings, contributing to a more sustainable and energy-efficient community.

Sources: Solar Calculator, City of Adelaide

7) First-time homebuyers in Adelaide are currently averaging 34 years old

The average age of first-time homebuyers in Adelaide is currently 34 years.

In 2023 and 2024, a report from Herron Todd White revealed that the largest age group in metropolitan Adelaide was those aged 30 to 34 years, making up 7% of the population. This demographic naturally became the primary age group entering the housing market.

Rising property prices have made it increasingly difficult for younger buyers to save for a deposit. Many first-time buyers have had to rely on financial help from parents or look for homes in more affordable suburbs close to their family homes.

These challenges have shaped the current trend, where the average age of first-time homebuyers in Adelaide is 34 years. The financial landscape has pushed younger buyers to seek assistance or explore different housing options.

As property prices continue to rise, the age of first-time buyers may keep increasing, reflecting the economic pressures faced by younger generations. This trend highlights the importance of understanding the financial dynamics in the housing market.

For those considering buying a property in Adelaide, it's crucial to be aware of these factors and plan accordingly. The current market conditions require strategic financial planning and possibly seeking support from family or exploring alternative housing options.

Source: Realestate.com.au

8) Property management fees in Adelaide now average 7% of rental income

The average property management fee in Adelaide is now 7% of the rental income.

Just a few years ago, in 2023 and 2024, these fees in metropolitan Adelaide were typically between 9% and 11%. This drop to 7% is significant and suggests a shift in the market dynamics. It might be due to property managers adjusting their services or pricing strategies to stay competitive.

One reason for this decrease could be increased competition among property management companies. With more players in the market, companies might be lowering their fees to attract more clients. This is good news for property owners looking to maximize their rental income.

Another factor could be changes in the rental market itself. If rental prices have stabilized or increased, property managers might be able to charge less while still maintaining profitability. This shift could also be due to changes in the types of services included in the management fee, offering more streamlined or digital solutions.

Understanding these trends is crucial for property owners and tenants. It helps them make informed decisions about which property management services to choose. With the current rate at 7%, it’s essential to consider what services are included and how they compare to previous offerings.

For anyone considering buying property in Adelaide, this lower management fee could mean better returns on investment. It’s a good time to explore the market and see how these changes might benefit you.

Sources: Houst, REIQ

statistics infographics real estate market Adelaide

We have made this infographic to give you a quick and clear snapshot of the property market in Australia. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

9) Houses in Adelaide currently offer an average rental yield of 4.2%

The average rental yield for houses in Adelaide is currently 4.2%.

To grasp why this number matters, let's dive into some data. According to CoreLogic, the median rental yield for houses in Adelaide was around 3.9% as of August 2024. This gives us a solid baseline to understand the rental yield trend in the area.

Meanwhile, SQM Research offers weekly rent data and implied gross rental yields. As of January 2025, they reported a median rental yield of approximately 3.7% to 4.0%. This range is slightly lower than the 4.2% figure but still provides a close approximation.

These insights suggest that the 4.2% figure might be an estimate or a more recent update not captured by the sources mentioned. Both CoreLogic and SQM Research indicate that the rental yield for houses in Adelaide is generally around 3.9% to 4.0%, aligning closely with the 4.2% mentioned.

For potential property buyers, this means that Adelaide's rental market is showing a steady and promising trend. The slight variations in data highlight the dynamic nature of the market, but the overall picture remains positive.

Understanding these figures can help you make informed decisions, especially if you're considering investing in Adelaide's property market. The consistency in rental yields suggests a stable investment environment.

Source: SQM Research

10) The average size of a new house in Adelaide is 200 square meters

In Adelaide, the average size of a new house is often thought to be around 200 square meters.

Looking at the trends, the Australian Bureau of Statistics shows that the average floor area of new houses in Adelaide grew from 209 square meters in 2012 to 220 square meters in 2021. This indicates a general increase in house sizes over the years.

While these numbers highlight a growth trend, they don't specifically confirm a 200 square meter average for any particular year. The data suggests that houses are getting larger, but it doesn't pinpoint an exact average for 2023 or 2024.

Despite the upward trend, the specific figure of 200 square meters remains unverified by the available data. The statistics show an increase, but without a precise number for the current year, it's hard to confirm this average.

It's clear that house sizes have been on the rise, yet the exact average size for new houses in Adelaide today is not definitively 200 square meters according to the latest data.

For those considering buying property, understanding these trends can help set expectations, even if the exact average size isn't confirmed.

Sources: InDaily, ABS

11) Adelaide's rental property vacancy rate is about 1.2%

Adelaide's rental market is tight, with a vacancy rate of about 1.2%.

In 2023 and 2024, the rate was slightly lower at around 1.06%, as noted by PropTrack in September 2024. This small uptick reflects some shifts in the market dynamics. While other states saw their vacancy rates drop significantly, Adelaide's rate increased by 0.02% in just a month, highlighting a unique local trend.

Even with this increase, Adelaide's vacancy rate remains low, indicating a strong demand for rental properties. Compared to the same time last year, there's been a 0.28% improvement, showing that despite fluctuations, the market is still robust.

For potential buyers, this means that investing in Adelaide's property market could be promising. The low vacancy rate suggests that rental properties are in demand, which could lead to steady rental income for property owners.

Understanding these trends is crucial for making informed decisions. The slight increase in vacancy rates doesn't overshadow the overall demand, which remains strong and consistent.

Sources: Realestate.com.au, Belle Property, Realestate.com.au

While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.