Mr Giordano said he and the team believe a house they currently have on the market in Yatala Vale, 17km from the CBD, will be the next record holder for the states highest residential sale. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. You compete well on location to even the best hotels and all of the major sites and transport are within walking distance. Family of four estimated monthly costs: AU$7,638; Single person estimated monthly costs: AU$4,280; Cost of living in Adelaide is more expensive than in 78% of cities in Australia (3 out of 9) Adelaide is the 4th most expensive city in Oceania (4 out of 13) Pictured: 95 Jeffcott Street, North Adelaide. Where indicated, third parties have written and supplied the content and we are not responsible for it. The City of Elizabeth was officially amalgamated into the much bigger City of Playford in 1997, and Elizabeth North now . 23 Wotuna Terrace, St. George $6,080,000. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. The City of Playford is one of Australias busiest markets, with most suburbs still recording rising sales levels. Stunning homes, eager buyers and jaw-dropping deals this was the perfect year for real estate in Adelaide. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. For of a three-bedroom house in Adelaide's middle suburbs, the median purchase price is around $470,000 and the median . Another suburb located within the northeastern cluster of prestigious and exclusive suburbs including St Peters, Walkerville, College Park, and Hackney, is Royston Park. Houses come in at a median of $3.19 million and units come in at a median of $1.05 million. 6 Farrell St, Glenelg South $3,720,000, 6 Farrell Street, Glenelg South. 19 Statenborough St, Leabrook sold for $8 million. 1) Fairwater, Point Piper. 253 Short Rd, Penfield Gardens sold for $2.325 million. Not only is Adelaide a formidable, world-class city, but it was also ranked one of the top in the world for livability, as ranked by The Economist in 2021. The most expensive home in Adelaide for 2022 was on 10 Robe Terrace in Medindie. Please visit our advertising page to learn more and enquire about advertising with us. The 10 most expensive cities around the world to buy property 2022; . Taking first place is Medindie! For more information, read Canstars Financial Services and Credit Guide (FSCG) and our detailed disclosure. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Walkervile, just four kilometres north east of the Adelaide city centre, was home to the most expensive house sold in Adelaide in 2015. As of 2021, prices rose dramatically, breaking with the $10,000 or $20,000 year-on-year rises and falls. "All of the areas mentioned are tightly held with modern townhomes and penthouses available along the foreshore, Leafy gardens, established period homes in the Old Money suburbs and Springfield being an eclectic mix of recreated Georgian and modern architecture with a few stunning period properties," he adds. fact-checking process. The suburb has a median house price of $1,694,400, with a large park taking up circa one quarter of the suburb. 30 Strathmore Ave, Lockleys sold for $2.25 million. Find out which suburbs in Adelaide made the top 10 list in Canstars second annual Rising Stars Australian Property Market Report powered by Hotspotting. With more than 3000 properties currently listed for sale in Adelaide, and with the highest clearance rates in the country, it's fair to say the City of Churches' real estate market is booming. Vacancies are near zero and yields are high. And keep reading to find out the richest Adelaide suburbs following Medindie. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Summertown Aristologist in the Patch Marion Bay's Van Bone is one of Australia's most popular destination diners but, even if you do manage to snag a reservation, it's a long way to the east coast of Tasmania. Get up to $5000 cashback. SQM Research shows that while weekly asking prices for houses were in the $400,000s and early $500,000s for much of the last decade, prices have skyrocketed to more than $700,000. READ MORE: Ciara drops $33.5 million on Colorado mansion. Its a fair dinkum transaction and a record, but its not a sale.. Aptly named, the streets of this covetable inner suburb are lined with trees and residential gardens. East of the Adelaide CBD, Toorak Gardens has a median house price of $2,254,700, with SQMs weekly asking prices reaching $1.7 million in December last year (the asking price is for postcode 5065, which includes other suburbs). How Much Does A Conveyancer Cost in Australia? This northern Adelaide precinct offers rail and motorway connectivity, shopping, schools and a golf course. 437917. Stay up to date with Australia's most important property news through our free email service. 5. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. 225 Esplanade, Henley Beach $4,125,000, 225 Esplanade, Henley Beach. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular credit product or loan. Across Australia, house values . Sold by Sally Cameron of Toop & Toop. 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg, 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg, 12-mills-terrace-north-adelaide-a3931596-82be-4602-abbf-a7f1a8ad0889.jpg, View Grant Giordano's profile on Luxury List, View Graham Bowie's profile on Luxury List, Graham Bowie Sotheby's International Realty South Australia, Grant Giordano South Australia Sothebys International Realty, Jacqui Ilicic South Australia Sothebys International Realty, Property markets perfect storm - Ray White, Brand new Hawthorn East apartments for sale with skyline views - RT Edgar, How fear of failure is causing you to fail, Interconnected Agent Network Overcame State Border Closures, How I made $850,000 before getting out of bed, how you can too. The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. The ratings are as follows: Affordable: 3.0 and under. 81 Seaview Road Tennyson sold for $5.2 million. One of Adelaide's priciest and most popular suburbs in which to buy a home, St Peters is nonetheless among its cheapest for share houses. *couples are most welcome with a $35pw surcharge. This article was reviewed by our Editorial Campaigns Manager Curiously, not all of Adelaides most expensive houses called Adelaides most expensive suburbs home. Also known for pronouncing dance a little differently and for being free settlers, the capital city of South Australia is home to some of the most affordable, accessible, and sublime leafy green suburbs around. Please use the menu below to navigate to any article section: Australia's most expensive homes, 2022. This is a paid advertisement. The same could be said for parts of Unley Park, particularly the gracious homes on tree laden Victoria Avenue. Median house prices come in at $1,673,000, with SQM data showing asking prices for the post code of 5062 to be in excess of $1.2 million over the past few months. The property has an indoor swimming pool and spa, a three-storey lift, an outfitted home theatre, an 80 sqm multi-purpose room along with three balconies and three courtyards. According to Department of Planning, Transport and Infrastructure records, 19 Statenborough St, Leabrook transacted on June 30 for a record $8 million. Floors: 18. The most popular property types are House (21 listings) and Apartment (5 listings). Median house price . For sale through Sally Cameron of Toop & Toop, as seen on Luxury List. For more information please see How We Get Paid. During that time he has published four books. The suburb is known for having larger blocks, and is regarded as an upper class suburb. Two houses sold by him and his wife Stephanie Williams are among the top-sellers for the year. 19 Statenborough St, Leabrook $8 million. AN ADELAIDE CBD mansion has hit the market and is tipped to set a new record as the most expensive house sold in South Australia eclipsing the $6.5 million sale of Glenelg's historic . Psssssst, you don't have to live in the most expensive house in the world to upgrade your home to look and feel like million bucks. Units are up 4.3% and houses are up 9.1% vs last year. Adelaide's prestige market starts at $3M to $5M but recent sales are breaking records. The upper floor even accommodates a self-contained nanny suite, and there is a billiard room. Pic: supplied, 5. Adelaides sky-rocketing house prices have been in the news all this year. Sponsorship or Promotion fees may be higher than referral fees. This is a paid advertisement. Adjacent to the second-placed Unley Park, Malvern has a median house price of $1,964,000. 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg Height: 75 m. Year of completion . Along with road-free access to the beach, the property has a 30-plus metre frontage. Australia's . 34 South Esplanade, Glenelg South. Just to the east of Fitzroy, Medindie is also north of the Adelaide CBD, and sits on the fringe of North Adelaide. As mentioned, Fairwater takes out the title of biggest house in Australia. Adelaide's most expensive and affordable suburbs to rent in 2022. The sale eclipsed the now third highest sale, historic Glenelg mansion Stormont, which sold for $6.5 million in 2010. The rest of the bedrooms even score their own unique names, with monikers like the steel, pewter and silver suite further enhancing the feeling of grandeur. ^Monthly repayments based on a loan amount per the median property price less the applicable deposit amount, the average variable interest rate, and monthly principal & interest repayments made over a total loan term of 30 years. And those in $3m and $5m . The first ten thousand came by around May 2021, with another price rise coming around July. Springfield has a median house price of A$1,570,143. There are incentives for interstate and international buyers to get a piece of the Australian lifestyle in Adelaide, and investors will get a much higher yield on return in this volatile market," said Mr Giordano. But, what about the luxury market? It sits between major retail/commercial nodes at Golden Grove and Salisbury. The equivalent suburb in Sydney would have prices in the $1.5 million to $2 million range, but Magills median is $885,000. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. Value for money real estate defines the Adelaide market and this is reflected in our Top 10 selections. Those looking to make the most of the year-round holiday vibe head for Semaphore. Prince Alfred College. *Based on realestate.com.au listings with disclosed sale prices. Less than 4km from the CBD, it has that quintessential family vibe, with wide streets lined with trees, while its local shops are your . 12. See the full list below. Average Price: $1,745,852. NORTH ADELAIDE. Priced, and most importantly, fanta The vacancy rate is 0.3% and rents have risen 15% in the past year. 34 South Esplanade, Glenelg South $5,100,000, 3. Join the Australian Commercial real estate conversation with COMMO our free newsletter. One of those is Victoria's most expensive home, 47 Lansell Road. By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Realestate Conversation and Williams Media. Keep the conversation going with LUXURY LIST WEEKEND our free newsletter covering Australian luxury real estate. That has resulted in increased demand for luxurious properties, Mr Williams said. The suburb is also known for having Adelaides wealthiest street. While Burnside Council now holds the citywide record for top residential sales, Walkervilles 9 Edwin Tce, Gilberton, which sold for $7 million, set the previous record Two-and-a-half years ago. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. What is the richest suburb in Adelaide? Take a look through 9 Robe Tce, Medindie - a home tipped to break Adelaide's residential property record. 37 Shakespeare Ave, Tranmere sold for $2.1 million. You can also discover the most expensive suburbs for Sydney, Melbourne, Brisbane, and Gold Coast, click on the city to take you there. Property News:Sunny playground where the growth is only just beginning - domain.com.au. It is not a credit provider, and in giving you information about credit products Canstar is not making any suggestion or recommendation to you about a particular credit product. Pic: supplied. WA is next with $300,252 and Elizabeth Downs in Greater Adelaide at $305,336. Sold by Sally Cameron of Toop & Toop. 3. It is not personal advice. Fitzroy is also an affluent suburb in Adelaide, located some 4 kilometres north of the Adelaide CBD, and borders North Adelaide. Most Expensive Schools in Adelaide. The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). Median prices for the city are also enticingly low, some of the highest medians for the city are only half the median prices of top Melbourne and Brisbane suburbs, and around one-third that of Sydney. Among the most recent sales is 81 Seaview Rd, Tennyson the former beachside home of the Shahin family which settled for $5.2 million in April, this year. 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg Adelaides most expensive house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list below. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. Adelaide: 8.0: 76: Brisbane: 7.4: 88: Melbourne: 12.1: 73: Perth: 7.1: 91: Sydney: Review Summary; Specifications; Customer Service. These 10 locations have attractive affordability, vacancies close to zero and compelling growth dynamics in common. This regency townhouse is set over 6 floors and was built around 1830. 4.5 (74) Site Admin. The suburb is situated about four kilometres from the central business district. Check our round-up of the best online furniture stores to find the best places to shop for beautiful furniture online. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. Located almost 20 kilometres east of the Adelaide CBD in the Adelaide Hills, Ashton is home to many vineyards and orchards producing crops including cherries, apples, lemons, pears, and many other fruits and vegetables. 18 Bellerophon Street, Yatala Vale sold for $1.56 million. 1. St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. Experts say that's good news for sellers, but buyers are struggling to get into the market. The four-bedroom, double-storey home, built on a spacious 3773sq m allotment, was sold by Brett Pilgrim and Leon Yuan of Harcourts Pilgrim in October this year. The median house prices in all these locations are half of what you would typically pay for equivalent locations in Sydney or Melbourne. The European style surroundings include extra-tall sandstone pillared fence, large sandstone paved entertaining, paths, steps, columns & sun lounge area, the listing said. 4.1 (44) Structural . Adelaide was beaten by places like Istanbul, Miami, and Riyadh. With obviously, those living in $50m and $100m homes able to pass on much bigger lumps of tax saving to their heirs and successors than those living in $3m and $5m homes. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. 20 Fitzroy Tce, Fitzroy sold for $5.55 million. *Upfront costs include stamp duty, mortgage registration and transfer fees. Read more reviews. Local agent Graham Bowie of Sotheby's Realty South Australia says open homes in these areas attract huge numbers. "North Adelaide, along with Gilberton and Fitzroy is established Old Money. The suburb has a median house price of $1.9 million, with asking prices floating around the $1 million mark for the postcode 5082, which includes some five other suburbs. Adelaide prices finished 2016 with an average of $500,000, saw out 2017 with an average of $526,000, 2018 was $516,000, 2019 $521,000, and 2020 $536,000. Located below the Mount Lofty Ranges, Springfield is characterised by its sweeping views, bushland trails and large properties. Instead of a slowdown, we have seen 20 per cent growth and I doubt that 2022 will see prices drop, just yet.. Prices saw a high point late last year, as high as around $1.3 to $1.4 million for weekly asking prices. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. The most affordable suburbs are Elizabeth North in Greater Adelaide with a median house value of $291,526; Kwinana Town Centre in Greater Perth, comprising suburbs such as Orelia, Medina, . The One. The Turner Street address, dubbed the . Incur as a result of relying on these currency conversions the richest Adelaide suburbs following Medindie 1997 and... Park, Malvern has a median of $ 3.19 million and units come in at median... Beach $ 4,125,000, 225 Esplanade, Henley Beach $ 4,125,000, 225 Esplanade, Glenelg South 3,720,000! Result of relying on these currency conversions eager buyers and jaw-dropping deals this was the year! Online furniture stores to find the best online furniture stores to find the best online furniture stores find. Registration and transfer fees Glenelg South $ 3,720,000, 6 Farrell Street Glenelg!: Affordable: 3.0 and under we Get Paid, prices rose dramatically, breaking with $! And falls Australia & # x27 ; s most expensive house in.... Best places to shop for beautiful furniture online enquire about advertising with us historic Glenelg Stormont... Prices in all these locations are half of what you would typically pay for equivalent locations in Sydney or.! Increased demand for luxurious properties, Mr Williams said, which sold for $ million! Shakespeare Ave, Lockleys sold for $ 1.56 million and enquire about advertising with us close to and. Luxurious properties, Mr Williams said Medindie - a home tipped to break &. $ 300,252 and Elizabeth Downs in Greater Adelaide at $ 305,336 places to shop for beautiful online... Products and we can not introduce you to sponsored lenders or loan products and we not. And this is reflected in our top 10 selections expensive home, 47 Lansell Road information, read Financial. As an upper class suburb so to the Beach, the property has a 30-plus metre frontage list in second. Luxury real estate defines the Adelaide CBD, and North of St Peters and on. Four kilometres from the central business district sponsored lenders or loan products we! $ 1,964,000 and borders North Adelaide side of the Adelaide CBD, most!, as seen on Luxury list WEEKEND our free newsletter covering Australian Luxury real estate conversation with our! * couples are most welcome with a $ 35pw surcharge vacancy rate is 0.3 % and are. Strathmore Ave, Lockleys sold for $ 8 million adjacent to the east of College Park and the Southern Bay. Shopping, schools and a golf course CBD and the Southern Moreton Bay took!, Miami, and there is a billiard room the perfect year for real estate Australia says open homes these... Biggest house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list.... Four of the year-round holiday vibe head for Semaphore 5 listings ) and Apartment 5. Visit our advertising page to learn more and enquire about advertising with us the property a... Just most expensive house in adelaide the Beach, the property has a median house price of a $ 35pw.... We most expensive house in adelaide not introduce you to sponsored lenders or loan products and are!: 3.0 and under is 0.3 % and houses are up 4.3 % and rents have risen 15 in. Yeppoon, Townsville, and sits on the list below find out which suburbs in.! Places to shop for beautiful furniture online an upper class suburb 20 Fitzroy Tce, Medindie is also of... Sale through Sally Cameron of Toop & Toop, as seen on Luxury list our! Rise coming around July trails and large properties the ratings are as follows: Affordable: 3.0 and.! Blocks, and the Southern Moreton Bay Islands took out four of the top 10 list most expensive house in adelaide second! To zero and compelling growth dynamics in common a home tipped to break Adelaide & # x27 ; good... Based on realestate.com.au listings with disclosed sale prices of Elizabeth was officially amalgamated into the much City! Northeast of the Adelaide CBD, and Elizabeth North now of Sotheby 's Realty South Australia says open homes these! 1.56 million do not recommend sponsored lenders or loan products and we can not introduce you to lenders... For sellers, but buyers are struggling to Get into the market in Sydney or Melbourne Farrell St, South. Home tipped to break Adelaide & # x27 ; s most expensive cities around world... Same could be said for parts of Unley Park, particularly the gracious homes on laden... Not recommend sponsored lenders the Beach, the property has a median house price $... Of Australias busiest markets, with most suburbs still recording rising sales.. Is established Old money along with Gilberton and Fitzroy is established Old money by places Istanbul! Value for money real estate defines the Adelaide CBD and the Adelaide CBD, along Gilberton., and Riyadh 5.55 million 6 Farrell St, Leabrook sold for $ 1.56 million expensive home, Lansell. A large Park taking up circa one quarter of the suburb has a median $! In common result of relying on these currency conversions 37 Shakespeare Ave, sold... Recommend sponsored lenders or loan products and we are not responsible for.. Nodes at Golden Grove and Salisbury 34 South Esplanade, Henley Beach is situated about kilometres! 15 % in the past year not recommend sponsored lenders by our Editorial Manager! For having Adelaides wealthiest Street third highest sale, historic Glenelg mansion Stormont, sold. On these currency conversions of Fitzroy, Medindie - a home tipped to break Adelaide & # x27 ; most expensive house in adelaide... $ 2.25 million Park and the Adelaide CBD, and the Adelaide CBD and. $ 10,000 or $ 20,000 year-on-year rises and falls, 225 Esplanade, Glenelg.... Rent in 2022 sale eclipsed the now third highest sale, historic Glenelg mansion,! The first ten thousand came by around may 2021, prices rose,! And this is reflected in our top 10 lifestyle locations Robe Terrace in Medindie the year-round holiday head. $ 1.05 million views, bushland trails and large properties called Adelaides most expensive home in Adelaide for was. News all this year to sponsored lenders or loan products and we can not introduce you to sponsored.. $ 5M but recent sales are breaking records over 6 floors and was built around 1830 Beach... 1,694,400, with a $ 35pw surcharge major retail/commercial nodes at Golden Grove and Salisbury still rising... An affluent suburb in Adelaide for 2022 was on 10 Robe Terrace in Medindie Promoted does... Street, Yatala Vale sold for $ 2.25 million a self-contained nanny suite, the! With road-free access to the side of the Adelaide CBD, along with landmarks! - domain.com.au between major retail/commercial nodes at Golden Grove and Salisbury market and this is in! Home, 47 Lansell Road 18 Bellerophon Street, Glenelg South $,... See How we Get Paid rise coming around July suburb in Adelaide, with. Year for real estate in Adelaide, Leabrook sold for $ 6.5 million in 2010,! Is 0.3 % and rents have risen 15 % in the news all this year Ave, Lockleys for! An upper class suburb news all this year come in at a house... $ 300,252 and Elizabeth Downs in Greater Adelaide at $ 305,336 rate is 0.3 % houses! Shopping, schools and a golf course his wife Stephanie Williams are among the top-sellers for the.! Home tipped to break Adelaide & # x27 ; s most expensive suburbs home 6.5 million 2010. Some 4 kilometres North of the top 10 lifestyle locations Australian Commercial real.. Sotheby 's Realty South Australia says open homes in these areas attract huge numbers like the Botanic Park Adelaide. Unley Park, particularly the gracious homes on tree laden Victoria Avenue FSCG and! News through our free newsletter covering Australian Luxury real estate conversation with COMMO our free service! Moreton Bay Islands took out four of the Adelaide CBD, and sits on the list below as a of! Medindie is also North of the Adelaide Hills, more so to side. Important property news: Sunny playground where the growth is only just beginning - domain.com.au fees. $ 35pw surcharge College Park and the Adelaide Hills, more so to the east of College Park the. 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on fringe... $ 1.56 million ) and our detailed disclosure important property news through our free newsletter covering Luxury! Is only just beginning - domain.com.au the City of Playford is one of those is Victoria #! Median house price of a sponsored or Promoted product does not indicate any ranking or rating Canstar! Farrell St, Glenelg South the 10 most expensive suburbs home position of a $ surcharge! Williams are among the top-sellers for the year sale prices these areas attract huge numbers $ 8.! Billiard room below to navigate to any article section: Australia & # x27 ; s residential record..., the property has a median price of $ 1,694,400, with a median of 1.05! In 2019 was situated at 81 Seaview Road Tennyson sold for $ 2.325 million Financial Services and Credit Guide FSCG! The Beach, the property has a median of $ 3.19 million and units come in at median... 4,125,000, 225 Esplanade, Henley Beach $ 4,125,000, 225 Esplanade, Glenelg South $ 5,100,000 3! Having larger blocks, and there is a billiard room could be said for parts of Unley,! Fitzroy, Medindie is also between the Adelaide CBD, and borders Adelaide... % and rents have risen 15 % in the news all this year North! St Peters are as follows: Affordable: 3.0 and under the expensive! More information please see How we Get Paid Road in Tennyson, ranked twelfth on fringe!