Adelaide Property Market: Units
North Adelaide – unit prices here are up 11.6 per cent since last year, to a median of $478,750. Home to the Adelaide Zoo and Botanic Gardens, North Adelaide is a relatively affluent area where terrace houses abound.
Woodville West – since 2017, unit prices here have grown a staggering 30.8 per cent to $410,000, in this family suburb 9km northwest of the city centre.
New Port – unit values here may have skyrocketed 19.6 per cent over the past year, but with a median of just $290,000 it’s still exceptionally affordable compared to Sydney and Melbourne.
Largs Bay – growth of 21.4 per cent has seen unit values in Largs Bay soar to a new median price of $335,000, but at 16km from the CBD it’s a bargain by eastern state standards.
Kidman Park – the median unit price in Kidman Park is now $465,000, up 18.6 per cent since 2017, but still great value given it’s just 7km from the city.
Adelaide Property Market: Houses
Osborne – 11.1 per cent growth has boosted the suburb’s median house price to $382,250, with four-bed properties now commanding around $446,500 – cheaper than 10 years ago in Sydney!
Wingfield – the current median house price of $416,250 is a 30.1 per cent jump from 12 months ago, when the same property would have set you back just $320,000.
Semaphore South – the median house price here is now $600,000, up 10.8 per cent since last year, in this seaside suburb bursting with gorgeous heritage-listed properties.
West Beach – values here have now topped the three quarters of a million mark, up 13.3 per cent to $760,000, no doubt boosted by the stunning beaches and wetlands close by.
Fulham – sitting on the bend of the River Torrens, 8km from the city, Fulham has seen growth of 13.3 per cent over the past 12 months. The median house price is now $695,250, although you could snap up a two-bedroom property for around $460,000.