Pembroke School. Pictured: 95 Jeffcott Street, North Adelaide. 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. Read the Comparison Rate Warning. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. 5 Brookside Rd, Springfield sold for $4.6 million. Walkervile, just four kilometres north east of the Adelaide city centre, was home to the most expensive house sold in Adelaide in 2015. So, when you see the $12 million asking price (which includes the furniture) for 488-500 Yatala Vale Road in the north-east suburb of Yatala Vale, you know it . Home without the expensive price tag? 34 South Esplanade, Glenelg South $5,100,000, 3. 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg It is almost four and a half times more than Leabrooks current median house price of $1.8175 million. The suburb is home to a selection of stylish and upmarket shops, popular cafes, and is one of Adelaides most desirable suburbs. Pic: supplied. A haven for the well-heeled, North Adelaide's second-to-none location and stunning old homes have long seen it counted among the city's most expensive suburbs. 5. Save. There is easy access to the array of amenities in the Noarlunga Centre. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. AFCA has reported receiving more than 2,000 insurance complaints from flood victims. Formerly owned by Richard DeChellis, SR Property & Consulting Pty Ltd now holds a 10 per cent share in the under-construction Leabrook home, while Dechellis Constructions Pty Ltd of which Mr DeChellis is one of four company directors holds the other 90 per cent. This has pushed house values into the $500,000s, but this market is early in a growth cycle. But, notwithstanding the staggering price surge the metropolis has witnessed of late, there are seldom homes in 'Radelaide' that tip over the eight-figure mark. 2. Houses in Adelaide. Canstar is not authorised or registered to provide legal, tax or accounting advice. Luxury real estate in Adelaide, South Australia What you get: . Adelaides sky-rocketing house prices have been in the news all this year. Fortunately, the entire team is making its way to Adelaide for an event with the Aristologist team . I have a granny flat with private bathroom. 17 Andrew Avenue, Millswood. Similarly, the most expensive house in Adelaide 2020 was in Henley Beach, again, not on the below list. With a median house price of $1,009,428, Sydney is the highest priced city in Australia. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. And keep reading to find out the richest Adelaide suburbs following Medindie. News. Priced, and most importantly, fanta Median rent per week Quarterly change (Jan-Mar 22) Year on year change; $485: 3.0% increase: 9.0% increase: Units in Adelaide. For more information please see How We Get Paid. 437917. Please visit our advertising page to learn more and enquire about advertising with us. Rents have risen 15% in the past year, on the back of a 0.6% vacancy rate. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Realestate Conversation and Williams Media. 8. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Located on the fringes of Adelaide and home to historic landmarks like Carrick Hill, the suburb of Springfield takes nineteenth place on the list for most expensive suburbs in Adelaide. Locate south of the Adelaide CBD and close to Unley Park and Malvern, the suburb has great public transport accessibility, unlike most other high-end suburbs. Greater Sydney dominated the "most expensive" category, with three of the most expensive house markets located in the area. This article is not intended to provide and should not be relied upon for legal, tax or accounting advice from Canstar. *Based on realestate.com.au listings with disclosed sale prices. 10. Older couples and families are moving in for its relaxed way . Mosman Park Mansion. Medindie House for sale in Medindie, South Australia. Most expensive suburbs in Adelaide. The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). Many borrowers will feel mortgage pain when they next refinance, Top 20 Most Expensive Suburbs in Adelaide, Get the latest real estate news delivered, Growing market: childcare facilities investment developing, Ko Launches in Southeast Queensland luxury holiday home ownership at a fraction of the price. According to the realestate.com.au, bagging sixth spot is 17 Andrew Ave in Millswood, which sold for a verified $4,050,000 while 10 Porter Street in Parkside, in ninth spot, saw buyers shell out $3,700,000 for the home. The most expensive house sold in Adelaide in 2018 was actually a penthouse; the northern one at Parallel Propertys Realm development on Austin Street. Canstar is a comparison website, not a product issuer, so its important to check any product information directly with the provider. The precinct offers attractive affordability relative to its location and proximity to massive employment zones. Sold by Sally Cameron of Toop & Toop. More on this sophisticated suburb below. An analysis of CoreLogic data of settled properties to June 1, this year, has revealed the top sale in each of Adelaide metro council regions, with the 19 properties rounding out to a combined total of $72 million. 3 Lindsay Avenue, Darling Point NSW - $63-67M. Overlooking the North Adelaide Parklands and the CBD, the house sits on a 2,058 sqm block and features a tennis court and sun-bathed heated swimming pool. Less than 4km from the CBD, it has that quintessential family vibe, with wide streets lined with trees, while its local shops are your . **Rotate your phone to landscape to view the full table**. It has been at the forefront of price growth nationwide for the past two years and continues to have one of Australias busiest and most competitive property markets, with homes selling quickly at higher-than-expected prices. Adjacent to the second-placed Unley Park, Malvern has a median house price of $1,964,000. The median house prices in all these locations are half of what you would typically pay for equivalent locations in Sydney or Melbourne. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. 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. As the picture shows it is only a stone's throw from the sea. 30 Strathmore Ave, Lockleys sold for $2.25 million. The City of Playford is one of Australias busiest markets, with most suburbs still recording rising sales levels. NORTH ADELAIDE. Get the latest real estate news delivered free to your inbox. 165 East Tce, Adelaide sold for $4.75 million. The suburb is situated about four kilometres from the central business district. Find the best offers for houses most expensive adelaide. The property is set on a 4,346 sqm block with a pool and tennis court. Grant Giordano of South Australia Sotheby's International Realty told WILLIAMS MEDIA the Adelaide property market is a great investment option. However, Medindie in Adelaide's north takes the top spot, with house prices averaging just over $1.7 million. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. In 2020 buyers could get houses in the $200,000s and recent demand has pushed prices into the $300,000s still affordable for many buyers. Giordano & Partners have listed potentially the most expensive home ever sold in the state. London's most expensive house sale lined up after Saudi loan expires. 30-34 Hall Street, Semaphore sold for $2.625 million. The suburb is one of Adelaides most prestigious and exclusive suburbs, with the suburb home to the eponymous St Peters College, an Anglican school in Adelaide that recently celebrated its 175th anniversary. Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. Opt Out of personalisation. 25 Wootoona Tce, St Georges $4,108,888, 25 Wootoona Tce, St Georges. Houses are in the $400,000s, there are multiple schools, the Cobbler Creek Recreation Park and proximity to employment zones. The property also comes with a whopping hangar, which selling agency Giordano & Partners reckon can fit an additional 22 cars (talk about petrolhead heaven). 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 . Glen Osmond sits in third place with a median house price just sitting over $1 million. St Peter's College. The list of the next biggest houses follows. Again, this is for the postcode 5137, which also includes Marble Hill. Adelaide's most expensive and affordable suburbs to rent in 2022. 382 The Parade, Kensington Park $4,500,000, 4. COPYRIGHT 2023 MANSION GLOBAL. I have a house in Adelaide, and whilst I know I can get quotes etc just seeking anyone that has recently built up 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. 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 . According to the realestate.com.au, 34 South Esplanade in Glenelg South sold for a verified $5,100,000. 2. ^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. Adelaide, also known as the city of churches, is famed for the Barossa Valley, McLaren Vale, and one of the few spots you can go cage diving with sharks, albeit that one is a little further afield than Adelaide. DISCLAIMER: The currency conversion is provided for illustration purposes only. 17 St Georges Road, Toorak, VIC - $65M. City of Port Adelaide Enfield. So, while it may be Adelaide's most expensive home on sale today, considering what's on offer, 488-500 Yatala Vale Road may even be a bit of a bargain imagine what it would be worth if it were located in Sydney or Melbourne. 18 Bellerophon Street, Yatala Vale sold for $1.56 million. How much commission do real estate agents really make? 253 Short Rd, Penfield Gardens sold for $2.325 million. 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. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. 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). The most expensive house sold in Adelaide in 2021 was located in St George, and while it sits next door to suburbs on the list, including Hazelwood Park and Beaumont, St George, 5064, doesn't feature on the most expensive suburb list. 10 Robe Terrace, Medindie $9.25 million. With a median house price of $1.47 million, Toorak Gardens is officially Adelaide's most expensive suburb, according to new figures from CoreLogic. If you've got a pocket full of cash, these are the most expensive suburbs in Adelaide to park it in, according to data from CoreLogic. That has resulted in increased demand for luxurious properties, Mr Williams said. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Former White family estate to set new suburb price record for Fulham. Australias population dynamics mean our land appreciates faster and more consistently than almost anywhere else in the developed world.. 231 Esplanade, Aldinga Beach $2.05 million. Located on a leafy promenade in St Georges, 23 Wootoona Tce sold for a verified $6,080,000, making it the most expensive home bought in Adelaide in 2021 under those criteria. But, what about the luxury market? 47, sits on 3300 sq m of choice Toorak acreage. Among them is a classic villa in Kensington Park. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. 44 Church Terrace was sold on 25 September 2015 for $3,588,000. Its a fair dinkum transaction and a record, but its not a sale.. Hackney also borders Adelaide Park Lands and the Botanic Gardens, with the asking prices around $1.3 million. Picture: Tom Huntley. The Jewel Of Hunts Point: private estate fro sale in Bellevue, Washington, USA, $85,000,000. Dulwich is bordered on the east by Toorak Gardens, and to the west by Victoria Park and the Adelaide CBD. 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. Personalised advertising: We show you more relevant advertising based on your activity. The most expensive Adelaide house of the year was Ivanhoe, at 9 Edwin Terrace, Gilberton, which sold for $7 million in November 2016. In 2018, the most expensive property in Adelaide was located in Adelaide, 5000, with 2017s most expensive property located in Adelaides Fitzroy, fifth place in Adelaides most expensive suburbs. There are lots of green spaces as well as beaches. WA is next with $300,252 and Elizabeth Downs in Greater Adelaide at $305,336. Perth. 13. There are many levels of accommodation available in Adelaide, all relatively affordable compared with other Australian capital cities. Pictured: 23 Coreega Avenue, Springfield. Do a Google Image search for the suburb and only mansions turn up. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. Admittedly, Yathalia is let down ever so slightly by appearing not to have a pool. 5 Scott Creek Rd, Heathfield sold for $4.1 million. Picture: Bianca De Marchi. (Source: Getty) 3. Homes in the suburb of Millswood are seeing a median of around $1.8 million, with weekly asking prices for the affluent suburb floating around $1.1 to $1.2 million. As seen on Luxury List. Canstar provides an information service. . before it was updated, as part of our Houses in Adelaide rent out for $450 PW with an annual rental yield of 3.8% and units rent for $440 PW with a rental yield of 5.6%. It comes as no surprise that the suburbs in the postcode, including: Andrews Farm, Blakeview, Craigmore, Gould Creek, Humbug Scrub, One Tree Hill, Sampson Flat, Smithfield, Smithfield Plains, Uleybury, and Yattalunga, do not feature on the most expensive suburbs list. Slightly different to median prices, the average asking prices for Adelaide have recently been on a sharp rise, houses going for almost $760,000, with units around $360,000, according to SQM Research data. According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. "Sydney house prices have now fallen by 10.8 per cent from their peak in February 2022. Previously regarded as a city that failed to deliver growth in its economy, population and property prices, Adelaide has been transformed by significant changes in its economy. The suburb surrounds St Peters College, and is a stones throw from Adelaide institutions like the Adelaide Zoo, Adelaide Botanic Park, The University of Adelaide, and more. Buyer demand in Christies Beach has risen steadily over two years and the median is now nudging $500,000. Exclusions, T&Cs apply, Copyright 2023 CANSTAR Pty Limited AR 443019, 10 best suburbs in Adelaide to invest in 2023, Fees & charges apply, Australian Credit Licence 230686, Fees & charges apply, Australian Credit Licence 395219, Thanks for visiting Canstar, Australias biggest financial comparison site*, ubank | Neat Home Loan Owner Occupied P&I 70-80% | Variable, loans.com.au | Smart Booster Home Loan Intro 2 yrs | Variable, Canstars Financial Services and Credit Guide (FSCG), Financial Services and Credit Guide (FSCG). Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Units are up 4.3% and houses are up 9.1% vs last year. I know the cost will vary depending on the subfloor structure, but just to start thinking how much it might end up costing. "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. Along with road-free access to the beach, the property has a 30-plus metre frontage. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. According to Department of Planning, Transport and Infrastructure records, 19 Statenborough St, Leabrook transacted on June 30 for a record $8 million. It is the same postcode as Toorak Gardens, and sits to the west of the number one ranked suburb. The median house price for homes in Ashton is $1,762,000, with weekly asking prices varying wildly between $1 million to $2.5 million. Asking prices for the postcode 5066, according to SQM, ticked over $1 million late in 2022, but has since dropped back to the mid $850,000s. Australias population dynamics mean our land appreciates faster and more consistently than almost anywhere else in the developed world.. 10 Porter Street, Parkside. Samuel James Homes. Rents have risen 15% in the past 12 months. Keep the conversation going with LUXURY LIST WEEKEND our free newsletter covering Australian luxury real estate. The rate of sale in Munno Para and Munno Para West has tripled in the past two years. Pictured: 23 Coreega Avenue, Springfield. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. In 2023, Herron Todd Whites (HTW) month in review found that Adelaides finest homes saw numbers rise. Picture: Bianca De Marchi. For sale through Sally Cameron of Toop & Toop, as seen on Luxury List. Paula Thompson. Located just over 30 kilometres from the Adelaide CBD, the suburb of Elizabeth North formed a part of the now-defunct City of Elizabeth when it was established as a residential suburb in the late 1950s. Canstar may receive a fee for referring you to a product provider for further information, see how we get paid. According to Domain data, the property was listed for 139 days before its latest sale. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. According to John Williams of Williams Real Estate, who has steered many million-dollar sales this year, vendors are pretty tight-lipped about disclosing final sale price. Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. 37 Shakespeare Ave, Tranmere sold for $2.1 million. The leafy green suburb is located just outside the main Adelaide CBD and adjacent to eighth place Dulwich. After many years of flying under the radar of property investors, Adelaide is no longer an underrated market. Mining heiress Angela Bennett's Mosman Park Mansion sold in 2009 for a then-record $57.5 million. Average Price: $1,745,852. 81 Seaview Road Tennyson sold for $5.2 million. Those looking to make the most of the year-round holiday vibe head for Semaphore. Sydney, Melbourne and Canberra are our most expensive cities and as a result are far more sensitive to the cost of debt," she said. All property prices are as stated by the listing agent. Kurralta Park. Stamp duty based on non-first home buyer, owner occupier purchase of an established dwelling. Year built: 1982. 1. The equivalent suburb in Sydney would have prices in the $1.5 million to $2 million range, but Magills median is $885,000. The southern penthouse is currently on the market, marketed by Fox Real Estate's Marina Ormsby. With five bedrooms, four bathrooms, and a garage for six of the suavest sports cars, it transcends its smug surroundings. Toop & Toop. Counting the cost from Reception through to Year 12 at Adelaide's top private schools reveals parents are paying almost $300,000 in fees at current rates, which are likely to increase over time. Two houses sold by him and his wife Stephanie Williams are among the top-sellers for the year. Pic: supplied. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. Stay up to date with Australia's most important property news through our free email service. Located to the south of Adelaides CBD, the suburb is close to fourth place Malvern and seventh place Millswood. . The first ten thousand came by around May 2021, with another price rise coming around July. Adelaide saw property prices add some $10,000 a month across the remainder of 2021 and most of 2022. Get the latest real estate news delivered, Growing market: childcare facilities investment developing, Ko Launches in Southeast Queensland luxury holiday home ownership at a fraction of the price. Again this sale represents a rapidly diversifying housing market especially when you consider the house & land sale was on less than half the land of the other two landmark sales in an historically less prestigious suburb he said. This field is for validation purposes and should be left unchanged. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall or rise. Image - Harcourts Pilgrim. Another exclusive suburb, Tennyson occupies a thin strip up and down the coast just north of Grange Beach and south of Semaphore Park. Adelaide was also in the worlds top ten for house price rises, a Knight Frank report released late last year ranked the worlds cities for how much prices rose, with Adelaide taking eighth spot, up 21.3%. Adelaide is the cheapest place to rent in Australia but Melbourne renters are also winning as prices have barely increased in the past 12 months. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. The suburb is also known for having Adelaides wealthiest street. In addition, it is also well known for its . Located on a 1,443 sqm block, the house itself is a large 1940s solid brick and rendered two-storey residence, which has been updated over the years. Pictured: 23 Coreega Avenue, Springfield. The Tea Tree Gully LGA is quintessential middle market Adelaide with an array of attractive suburbs at half the price of equivalent locations in the bigger cities. 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. This is well above the $2.95 million it was purchased for in May 2004. 253 Short Rd, Penfield Gardens sold for $2.325 million. And those in $3m and $5m . According to latest data released by realestate.com.au, which took into account only those houses that were listed on its website and had their sales prices disclosed, there are six houses that each sold for more than $4m. This advice is general and has not taken into account your objectives, financial situation or needs. Many borrowers will feel mortgage pain when they next refinance. 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. This particular location seems to have attracted cashed-up buyers with the neighbouring house at 25 Wootoona Tce being sold for a verified $4,108,888. The stone mansion was originally built in 1912 and has a detached guest house, swimming pool and tennis court. Unley Park has a median house price of $2,034,300, with SQM data showing house prices as high as $2.1 million in December. St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. Claridge Construction has a reputation as a highly regarded luxury home builder in Adelaide. Across Australia, house values . The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. 29-31 St Georges Road, Toorak, VIC - $88M. 5 beds. It is also the fifth most expensive home sale for the year, according to realestate.com.au. It has been one of the markets most resistant to recent downturn pressures. The suburb is just south of Hazelwood Park, another suburb on this list, both of which are located in close proximity to the Adelaide Hills. Unley Park sits north of Cross Road (A3) and is between Unley Park and Millswood train stations. Address: 69-71 Melbourne Street, North Adelaide SA 5006. Six kilometres south of the Adelaide CBD, Kingswood has a median house price of $1,766,300, and an asking price around the $1.1 million to $1.3 million mark. Buyer demand in this suburb has trebled in the past two years. Pic: supplied. 4. Sea and tree changers are still driving regional property prices up, but the peak is over, More young Aussies are under extreme housing stress than babyboomers, AHURI and UNSW study finds. The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. PIPA Chair, Nicola McDougall said there have been instances of people claiming to be qualified advisors, and even using fake credentials. Unley Park. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. Just to the east of Fitzroy, Medindie is also north of the Adelaide CBD, and sits on the fringe of North Adelaide. Kensington Gardens is east of Kensington Park, and just west of the Penfolds Magill Estate Cellar Door, a popular tourist destination for both wine and fine dining. Property in Vaucluse on average rose by more than 500 per cent between 1991 and 2021, with the median price of a dwelling today costing an eye-watering $8.6 million. 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. Originally built for Sir Josiah Symon, an inaugural senator of South Australia and later the Attorney General, the interiors of the house spans 800 sqm over two levels. 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Location and proximity to employment zones $ 4.75 million fifth most expensive house sale lined up after Saudi expires! By around may 2021, with most suburbs still recording rising sales levels known for having Adelaides wealthiest.. With a median house price just sitting over $ 1 million ( A3 ) and is one of busiest! Australian luxury real estate in Adelaide 2020 was in Henley Beach, again, not a product for... Product issuer, so its important to check any product information canstar an... Angela Bennett & # x27 ; s throw from the central business district fifth most expensive house sale up... Or Promoted product does not indicate any ranking or rating by canstar $ 2.25 million under the radar property... Four bathrooms, and from Sponsorship or Promotion may vary between providers, website position and. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers website!, Heathfield sold for $ 3,588,000 Toorak, VIC - $ 65M sitting $. Giordano of South Australia What you would typically pay for equivalent locations in Sydney or Melbourne suburb is home a.