It sits between major retail/commercial nodes at Golden Grove and Salisbury. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. 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. Please visit our advertising page to learn more and enquire about advertising with us. In 2023, Herron Todd Whites (HTW) month in review found that Adelaides finest homes saw numbers rise. 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. The suburb is known for having larger blocks, and is regarded as an upper class suburb. Stay up to date with Australia's most important property news through our free email service. Buyer activity in Kurralta Park has doubled in the past 18 months and prices have surged. The median house prices in all these locations are half of what you would typically pay for equivalent locations in Sydney or Melbourne. 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg 17 St Georges Road, Toorak, VIC - $65M. The most expensive house sold in Adelaide in 2018 was actually a penthouse; the northern one at Parallel Propertys Realm development on Austin Street. . The precinct offers attractive affordability relative to its location and proximity to massive employment zones. The number of houses available for sale in Ashton per month has never hit double digits over the past decade, with two exceptions being 11 homes on market in November 2011, and 11 in December 2012. Read more about the property here. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. 44 Church Terrace was sold on 25 September 2015 for $3,588,000. Greater Sydney dominated the "most expensive" category, with three of the most expensive house markets located in the area. The median price for houses in St Peters is $1,760,600. When it comes to houses, the most expensive suburb to buy into is the leafy and upmarket suburb of Vaucluse in Greater Sydney, with an . 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. 253 Short Rd, Penfield Gardens sold for $2.325 million. According to Department of Planning, Transport and Infrastructure records, 19 Statenborough St, Leabrook transacted on June 30 for a record $8 million. . Pic: supplied. What is The Most Expensive House in Adelaide? That may still sound like a lot, but when you consider Melbourne's most expensive property sold in 2021, 47 Lansell Road in Toorak, changed hands for $43.1 million, and Sydney's priciest property sold was a penthouse in ANZ Tower that went for $60 million You may wish to obtain financial advice from a suitably qualified adviser before making any decision to acquire a financial product. *We are Australias Biggest Financial Comparison Site. Walford Anglican School for Girls. 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. What makes these sales so special are they represent non-traditional sales at historically high prices, Giordano & Partners Principal Grant Giordano told The Property Tribune. Grand estate Ivanhoe currently holds the record for the highest price paid for a property in South Australia. Pictured: 23 Coreega Avenue, Springfield. Land size: 4.27ha. For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. Stamp duty based on non-first home buyer, owner occupier purchase of an established dwelling. As mentioned, Fairwater takes out the title of biggest house in Australia. Distance: 4.2km from the CBDRent average: $135/week private room. The building also houses a private penthouse located on two levels, levels 43 and 44, with a rooftop pool and terrace which is accessible by a one-stop private lift. 4.1 (44) Structural . 10. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. Sold in June 2017, this six-bedroom, four-bathroom mansion in the inner Adelaide suburb of Fitzroy was the top house sale in the South Australian capital that year, selling for $5.55 million. The same could be said for parts of Unley Park, particularly the gracious homes on tree laden Victoria Avenue. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. A single-storey four-bedroom, two-bathroom house in Unley Park took out the top spot for the most expensive Adelaidean house sold in 2014, selling for $5.125 million. But, what about the luxury market? Contact the product issuer directly for a copy of the PDS, TMD and other documentation. Pic: supplied, 10. Read the Comparison Rate Warning. Unsurprisingly, suburbs on the picturesque eastern fringe of the city, such as Toorak Gardens, Rose Park and Leabrook, command some of the highest house prices in Adelaide. All information about performance returns is historical. Please visit our advertising page to learn more and enquire about advertising with us. Further to this, we were also able to design, market and sell a House & Land Package for over $8,000,000 and the property wasnt even yet built. The Ellenberg Fraser-designed tower has a range of amenities, including a 25-metre swimming pool outdoor entertaining area and wellness centre. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. 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. Recent major price uplift and 0.3% vacancies attest to the popularity of the location. It was sold in excess of $7 million with the true amount not being disclosed. Most Expensive: Under $600. Spread over 26,000-square-metres of pristinely manicured grounds, 'Yathalia', as it's called, is a staggering six-bedroom, six-bathroom mansion like no other in the region. The most expensive home in Adelaide for 2022 was on 10 Robe Terrace in Medindie. Contracts to buy U.S. previously owned homes rose by the most in more than 2-1/2 years in . It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. Queensland, . 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. Australia's . NORTH ADELAIDE. 17 Andrew Avenue, Millswood. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. Sponsored or Promoted products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. Adelaide was beaten by places like Istanbul, Miami, and Riyadh. For more information, read Canstars Financial Services and Credit Guide (FSCG) and our detailed disclosure. Pic: supplied. Price Upon Request. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Share. Compare that with Adelaide where the median is half that of Sydney - prices are down only 1.8 percent from the peak." Stunning homes, eager buyers and jaw-dropping deals this was the perfect year for real estate in Adelaide. Aptly named, the streets of this covetable inner suburb are lined with trees and residential gardens. Address: 69-71 Melbourne Street, North Adelaide SA 5006. The most popular property types are House (21 listings) and Apartment (5 listings). WA is next with $300,252 and Elizabeth Downs in Greater Adelaide at $305,336. before it was updated, as part of our Sitting high on a hill, the spectacular Beaumont property at 21 Travers Drive is next-level luxury. Semaphore. The suburb is bordered on the south by the River Torrens and is known for being home to many historic buildings, including St Andrews Anglican Church. 253 Short Rd, Penfield Gardens sold for $2.325 million. This advice is general and has not taken into account your objectives, financial situation, or needs. Picture: Bianca De Marchi. 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. Maria Bekiaris Hackney also borders Adelaide Park Lands and the Botanic Gardens, with the asking prices around $1.3 million. The property is set on a 4,346 sqm block with a pool and tennis court. Please use the menu below to navigate to any article section: Australia's most expensive homes, 2022. which is the median house price divided by the pre-tax median household income - to rate housing affordability. Paula Thompson. This has pushed house values into the $500,000s, but this market is early in a growth cycle. 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. The extension of rail links and the Southern Expressway upgrade, coupled with the Exodus to Affordable Lifestyle trend, lifted demand in Seaford, Seaford Meadows, Seaford Heights and Seaford Rise. 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. Sources: Median price, growth and rental yield CoreLogic data sourced from yourinvestmentpropertymag.com.au dated 1 August 2022. Asking prices have ben on the up, with a recent high of around $1.3 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. . After many years of flying under the radar of property investors, Adelaide is no longer an underrated market. Common amenities in Australia are Garden, Terrace, Garage and Bar. I know the cost will vary depending on the subfloor structure, but just to start thinking how much it might end up costing. Coming in third on our list of most expensive properties in Brighton, is this six bedroom terraced house in Adelaide Crescent up for sale for offers in excess of 3,000,000. This northern Adelaide precinct offers rail and motorway connectivity, shopping, schools and a golf course. One of those is Victoria's most expensive home, 47 Lansell Road. Consider the product disclosure statement before making a purchase decision. City of Port Adelaide Enfield. Like the rest of the nation, the Adelaide property market has experienced strong growth since the pandemic began, albeit much lower prices than Sydney or Melbourne. Samuel James Homes. Medindie House for sale in Medindie, South Australia. Photo: northernstar.com.au. + 10 more honourable mentions of the best luxury home builders in Adelaide! 30 Strathmore Ave, Lockleys $2.25 million. The increase in the national house price reflected a sharp rise in Sydney house prices by 1.4% over the February quarter. You can also discover the most expensive suburbs for Sydney, Melbourne, Brisbane, and Gold Coast, click on the city to take you there. More on this sophisticated suburb below. 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. 165 East Tce, Adelaide sold for $4.75 million. Adelaide saw property prices add some $10,000 a month across the remainder of 2021 and most of 2022. "North Adelaide, along with Gilberton and Fitzroy is established Old Money. This article was reviewed by our Editorial Campaigns Manager Median prices for the Adelaide suburb are just a touch over $1.7 million at $1,702,300. 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, . Weekly asking prices stayed flat for the past 10 years, but have increased to $700,000+. "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. This is a paid advertisement. 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. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. Closely following Toorak Gardens is the suburb of Malvern, with a median price of $1.3 million. Rates and product information should be confirmed with the relevant credit provider. 37 Shakespeare Ave, Tranmere sold for $2.1 million. Height: 75 m. Year of completion . 5 Brookside Rd, Springfield $4.6 million. 30 Strathmore Ave, Lockleys sold for $2.25 million. They like to keep the sale private and we respect that. Picture: Bianca De Marchi. Luxury real estate in Adelaide, South Australia What you get: . 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. Property News:Sunny playground where the growth is only just beginning - domain.com.au. Settlement date: July 14, 2017. Located below the Mount Lofty Ranges, Springfield is characterised by its sweeping views, bushland trails and large properties. 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). Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. Take a look through 9 Robe Tce, Medindie - a home tipped to break Adelaide's residential property record. That may still sound like a lot, but when you consider Melbourne's most expensive property sold in 2021, 47 Lansell Road in Toorak, changed hands for $43.1 million, and Sydney's priciest property sold was a penthouse in ANZ Tower that went for $60 million Adelaide has some catching up to do. 1. Located to the south of Adelaides CBD, the suburb is close to fourth place Malvern and seventh place Millswood. Prices saw a high point late last year, as high as around $1.3 to $1.4 million for weekly asking prices. Floors: 18. Median house prices for Medindie are around $1,886,400, with asking prices floating around the $1.1 million mark in recent times. One of the most notable sales from 2022, according to HTW, was 400 Coopers Beach Road in Nalyappa, some two hours drive away from Adelaide, or 175 kilometres. The One. Prefer us not to? This is a paid advertisement. 6 Farrell St, Glenelg South $3,720,000, 6 Farrell Street, Glenelg South. Oct 12, 2021 - 5.21pm. The six-bedroom, seven-bathroom property sits on a large 2,231 sqm block, with the house itself doubling in size since it was originally built. Personalised advertising: We show you more relevant advertising based on your activity. According to the realestate.com.au, 34 South Esplanade in Glenelg South sold for a verified $5,100,000. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. Since 2016, the number of houses for sale has never reached over five. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. South Australia Sothebys International Realty, 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg. What is the richest suburb in Adelaide? Image - Harcourts Pilgrim. PIPA Chair, Nicola McDougall said there have been instances of people claiming to be qualified advisors, and even using fake credentials. The ten-bedroom estate at 49-109 Tallebudgera Connection Road, Tallebudgera, went under the auctioneer's gavel on Saturday, February 25. After reviewing what feels like every display home in Adelaide, we wanted Dechellis over. It is the same postcode as Toorak Gardens, and sits to the west of the number one ranked suburb. Where indicated, third parties have written and supplied the content and we are not responsible for it. 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. The rate of sale in Munno Para and Munno Para West has tripled in the past two years. *Upfront costs include stamp duty, mortgage registration and transfer fees. CoreLogics guide to navigating a looming fixed-rate cliff, Lismore flood disaster: one year on but insurance battles ongoing, To-die-for: 5 luxury holiday homes on Sydneys outskirts, that you can now co-own. While the transaction set a new benchmark for prestige property in SA, the landmark home is not the first to make headlines for its eye-watering sale price. 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 . Priced, and most importantly, fanta For Sale. The fourth most expensive suburb in Melbourne, Brighton, is situated 11km away from the CBD. Fitzroy is also an affluent suburb in Adelaide, located some 4 kilometres north of the Adelaide CBD, and borders North Adelaide. Along with road-free access to the beach, the property has a 30-plus metre frontage. Adjacent to the second-placed Unley Park, Malvern has a median house price of $1,964,000. The most expensive postcode to rent in South Australia is 5065, which includes the suburbs of Dulwich, Glenside, Linden Park, Toorak Gardens and Tusmore, immediately south-east of the Adelaide CBD . 231 Esplanade, Aldinga Beach $2.05 million. 2. The suburb is situated about four kilometres from the central business district. Clarendon Homes in Baulkham Hills offers a number of homebuilding services, from knockdown and rebuilds to home designs for granny flats. 253 Short Rd, Penfield Gardens - $2.325 million. 20 Wolseley Road, Point Piper, NSW - $45M. Get the latest real estate news delivered free to your inbox. 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. 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. Enquire today! Its also a short drive to the beach. We sold five homes just last week with prices over $5m but we didnt disclose that, Mr Williams said. Keep the conversation going with LUXURY LIST WEEKEND our free newsletter covering Australian luxury real estate. For of a three-bedroom house in Adelaide's middle suburbs, the median purchase price is around $470,000 and the median . Review Summary; Specifications; Customer Service. By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Realestate Conversation and Williams Media. 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. So, when you see the eye-watering $12 million asking price of 488-500 Yatala Vale Road in the northeastern suburb of Yatala Vale, you know it's going to be something special. The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). The suburb is renowned for being a picturesque place, desirable for starting a family, and with enviable access to some of Adelaides top schools, best shops, and more. Canstar is not authorised or registered to provide legal, tax or accounting advice. The house is located among some of the most elegant homes in the city along a popular promenade, offering a high level of privacy. 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. 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. This is a case study in bread-and-butter real estate homes in the $300,000s, a choice of primary and secondary schools, plenty of sports fields and green spaces, good road and rail connections, with a major shopping centre nearby. AFCA has reported receiving more than 2,000 insurance complaints from flood victims. As you'd expect, accommodation close to the city centre is generally the most expensive. London's most expensive house sale lined up after Saudi loan expires. Pictured: 145 Hill Street, North Adelaide. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. 231 Esplanade, Aldinga Beach sold for $2.05 million. Buyers have targeted Adelaide for its relative affordability, higher-than-average yields and good growth prospects. Close to the Mitcham train station, the suburb is south of fourth-ranked Malvern and Unley Park. July 9, 2021 - 1:11PM. 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. Although these most expensive schools in Adelaide . Vacancy rates SQM Research as at September 2022. 34 South Esplanade, Glenelg South $5,100,000, 3. Sold through Sotheby's South Australia, the A$4.5 million sale price made it one of North Adelaide's most expensive transactions on record. In addition, it is also well known for its . Fitzroy sits next to the Adelaide Park Lands, and is also home to numerous 19th century multi-storey mansions. Similarly, the most expensive house in Adelaide 2020 was in Henley Beach, again, not on the below list. Get the latest real estate news delivered free to your inbox. As the capital of South Australia, Adelaide has many excellent schools, including several private schools with very high fees. Terry is founder and managing director of hotspotting.com.au, which he created in 2006 to help investors find the best places to buy. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. 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 . Please remember, this is a guide only and you should contact the school directly to confirm. 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. Opt Out of personalisation. Houses are in the $400,000s, there are multiple schools, the Cobbler Creek Recreation Park and proximity to employment zones. And, if anything, 'special' is underselling just how awe-inspiring this one-of-a-kind estate is. Pictured: 23 Coreega Avenue, Springfield. There are lots of green spaces as well as beaches. Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. Confirmed with the true amount not being disclosed multiple schools, the property is on... Of property investors, Adelaide has many excellent schools, including a 25-metre swimming pool outdoor most expensive house in adelaide area and centre! Information canstar is an information provider and in giving you product information should be with. Several private schools with very high fees according to the Adelaide CBD and the Gardens!, Miami, and sits to the realestate.com.au, 34 South Esplanade, South... Blocks, and revenue model Toop & Toop, as high as around $ 1.3 million and rental CoreLogic. Affluent suburb in Melbourne, Brighton, is situated about four kilometres from central! 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Fourth place Malvern and seventh place Millswood including a 25-metre swimming pool outdoor entertaining and. And in giving you product information canstar is an information provider and in giving you product information should be with.