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Adelaide's property market has experienced remarkable growth, with median dwelling prices reaching $837,176 as of September 2025.
The Adelaide residential market continues to outperform many Australian capitals in both affordability and growth potential, making it an attractive destination for property buyers and investors alike.
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Adelaide's median house price sits at $888,869 while units average $606,995, with the market showing 8-10% annual growth.
Premium suburbs like Medindie command over $3.3 million, while affordable areas like Elizabeth Park offer opportunities around $500,000.
| Property Type | Median Price (Sep 2025) | Annual Growth |
|---|---|---|
| Houses | $888,869 | 8.5% |
| Units/Apartments | $606,995 | 10.2% |
| Townhouses | $750,000 | 7.8% |
| Premium Suburbs | $2.5M+ | 5.2% |
| Affordable Areas | $500,000-$700,000 | 12.1% |
| Growth Suburbs | $600,000-$800,000 | 15.3% |
| CBD Apartments | $850,000 | 6.8% |
What's the current average property price in Adelaide?
As of September 2025, Adelaide's median dwelling price stands at $837,176, representing steady growth throughout the year.
The Adelaide residential market shows distinct pricing across property types, with houses commanding the highest values at $888,869 median price, while units offer more affordable entry points at $606,995.
Property prices in Adelaide have increased by 8-10% year-on-year, outpacing many other Australian capital cities and demonstrating the market's resilience and growth potential.
The current pricing reflects Adelaide's position as one of Australia's most affordable capital cities while maintaining strong investment fundamentals.
These figures represent median prices across all suburbs, with significant variation between premium inner-city locations and more affordable outer suburbs.
How does the average price differ by property type?
Adelaide's property market shows clear differentiation between housing types, with traditional houses commanding premium prices over apartments and townhouses.
Houses dominate the upper price range at $888,869 median, reflecting strong demand for standalone properties with land ownership rights.
Units and apartments provide more accessible entry points at $606,995 median, making them attractive to first-home buyers and investors seeking rental yield opportunities.
Townhouses occupy the middle ground at approximately $750,000, offering a compromise between space and affordability for buyers seeking more than apartment living.
The price differential between property types has remained relatively stable, with houses typically commanding 30-40% premium over units in comparable locations.
What are the average prices in different suburbs of Adelaide?
| Suburb Category | Example Suburbs | Median House Price |
|---|---|---|
| Premium Inner | Medindie, Hyde Park, Unley Park | $2.5M - $3.3M |
| Established Mid-tier | Burnside, Glenelg, Prospect | $1.3M - $1.7M |
| Coastal Popular | Henley Beach, Glenelg South | $1.8M - $2.2M |
| Growth Areas | Mount Barker, Ridgehaven | $650K - $800K |
| Affordable Options | Elizabeth Park, Christies Beach | $500K - $650K |
| Emerging Suburbs | Para Hills, Hackham West | $550K - $700K |
| Northern Corridor | Salisbury North, Hillcrest | $580K - $720K |
How do prices vary by property size?
Property size significantly impacts pricing in Adelaide, with larger homes commanding premium prices per square meter in desirable locations.
Three-bedroom homes in affordable outer suburbs average $470,000, while four-bedroom properties in the same areas reach $550,000, demonstrating clear size-based pricing.
Central and coastal areas show higher price per square meter, with premium suburbs charging $8,000-$12,000 per square meter compared to $3,000-$5,000 in outer areas.
Apartment pricing varies dramatically by size, with one-bedroom units starting around $350,000 in outer areas and three-bedroom penthouses in premium locations exceeding $1.2 million.
Land component represents a significant portion of house pricing, with larger blocks in established suburbs commanding substantial premiums regardless of dwelling size.
What's the total cost including all fees and taxes?
Purchasing property in Adelaide involves substantial additional costs beyond the advertised price, typically adding 6-8% to the total investment required.
Stamp duty represents the largest additional expense, calculated at $40,490 plus $5.50 per $100 over $1,000,000 for a $900,000 property, or approximately $45,000 total.
Land Titles Office fees, conveyancing costs, and building inspections typically add another $3,000-$5,000 to the transaction, varying based on property complexity and legal requirements.
Mortgage establishment fees, loan insurance, and legal documentation can contribute an additional $2,000-$4,000 depending on loan size and lender requirements.
For a median-priced Adelaide house at $888,869, buyers should budget approximately $950,000-$970,000 total including all purchase costs and fees.
What are typical mortgage costs for average-priced properties?
Adelaide mortgage costs reflect current interest rates and the city's median property prices, with typical loans requiring substantial monthly commitments.
The average loan size in South Australia currently sits at $551,749, requiring monthly repayments of $3,404-$3,631 based on current interest rates of 6.23-6.27% over 30 years.
For a median-priced Adelaide house at $888,869 with a 20% deposit, buyers need $177,774 upfront and finance approximately $711,095, resulting in monthly repayments around $4,385.
First-home buyers utilizing government schemes may access properties with 10% deposits, though this increases monthly repayments to approximately $4,925 for the same property value.
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Which areas are expensive, affordable, or emerging?
Adelaide's property market clearly segments into distinct price categories, offering opportunities across various investment and lifestyle preferences.
1. **Most Expensive Areas**: Medindie ($3.3M), Hyde Park ($2.74M), Unley Park ($2.55M), and St Peters consistently command premium prices above $2 million.2. **Mid-Range Established**: Burnside, Glenelg, Prospect, and Norwood offer quality lifestyle options between $1.3-$1.7 million for established buyers.3. **Affordable Growth Options**: Elizabeth Park, Ridgehaven, and Christies Beach provide entry-level opportunities between $500,000-$700,000 with strong growth potential.4. **Emerging Investment Areas**: Mount Barker, Elizabeth Vale, and Seacombe Gardens show rapid appreciation and infrastructure development.5. **Value Propositions**: Para Hills, Hackham West, and Salisbury North offer affordable family housing with improving amenities and transport links.Don't lose money on your property in Adelaide
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Can you provide recent sale examples?
Recent property sales in Adelaide demonstrate the market's diverse pricing across different suburbs and property types.
Ingle Farm has recorded median sale prices around $735,000 for houses in 2025, representing solid growth in this established northern suburb.
Elizabeth Vale shows strong performance with houses selling around $532,000, while units in the area have appreciated 30.4% over the past year.
Ridgehaven demonstrates the growth potential of emerging areas, with recent house sales at $705,500 and units at $510,000, both showing substantial annual appreciation.
These examples illustrate Adelaide's market diversity, from affordable growth suburbs to established areas with steady appreciation patterns.
What are the smartest buying strategies today?
Adelaide's current market conditions favor different strategies depending on buyer objectives and investment timeframes.
Owner-occupiers should target mid-tier suburbs like Burnside, Glenelg, or Prospect for quality lifestyle amenities and long-term capital appreciation potential.
Short-term rental investors benefit from targeting units in Christies Beach, West Lakes, or Plympton, where rental demand remains strong and vacancy rates stay low.
Long-term investment strategies favor emerging areas like Ridgehaven, Elizabeth Vale, or Mount Barker, which show significant recent growth and ongoing infrastructure development.
Renovation opportunities exist in older suburbs like Hallett Cove, Para Hills, or Modbury, particularly properties near new transport corridors offering value-add potential.
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How have prices changed over recent years?
Adelaide's property market has experienced exceptional growth over both short and long-term periods, outpacing many Australian capitals.
Over the past 12 months, median prices have increased 8-10.5% year-on-year, adding approximately $71,500 to the median dwelling price.
The five-year growth story is remarkable, with Adelaide property prices increasing 75-88.2% since 2020, effectively doubling in value according to PropTrack and REA Group data.
Ten-year performance shows house prices averaging 7.6% annual growth while units have achieved 6.2% annual appreciation, demonstrating consistent long-term value creation.
Units have recently outperformed houses in relative growth terms, particularly attracting affordability-focused buyers and investors seeking yield opportunities.
What's the forecast for Adelaide property prices?
Adelaide property price forecasts show continued growth across multiple timeframes, though at more moderate rates than recent years.
The 2026 outlook projects 4-5.6% growth according to NAB and Westpac forecasts, potentially pushing median house prices to $930,000-$1.02 million.
Five-year projections suggest continued strong performance, with potential median house prices reaching $1.46 million and units $938,000 by 2030 if current trends persist.
Long-term 10-year forecasts indicate more moderate but steady growth of 6-7% annually, as market maturity and affordability constraints naturally moderate price appreciation.
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How does Adelaide compare to other Australian cities?
| City | Median House Price | Annual Growth |
|---|---|---|
| Adelaide | $888,869 | 8.5% |
| Sydney | $1,950,000 | 3.2% |
| Melbourne | $1,680,000 | 2.8% |
| Brisbane | $925,000 | 6.1% |
| Perth | $785,000 | 12.3% |
| Canberra | $1,120,000 | 4.7% |
| Darwin | $695,000 | 1.8% |
Adelaide maintains its position as one of Australia's most affordable capital cities while delivering superior growth performance compared to larger markets like Sydney and Melbourne.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Adelaide's property market represents one of Australia's most compelling investment opportunities, combining affordability with strong growth fundamentals.
It's something we develop in our Australia property pack.
Sources
- OpenAgent Adelaide Property Market
- NAB Adelaide Property Market Insights
- Property Update Median Prices
- RealEstate.com.au SA Home Values
- Domain House Price Report
- Fox Real Estate Market Update
- Revenue SA Stamp Duty Calculator
- Loyle Mortgage Statistics
- Canstar Home Loan Averages
- RealEstate.com.au Expensive Suburbs