Median prices for the Adelaide suburb are just a touch over $1.7 million at $1,702,300. which is the median house price divided by the pre-tax median household income - to rate housing affordability. 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. 1 Houses in Adelaide from $180. Sitting high on a hill, the spectacular Beaumont property at 21 Travers Drive is next-level luxury. Toop & Toop. Well, prices have skyrocketed too. View the world's most valuable homes currently on the market in Cannes, Los Angeles, London, and Hong Kong. Although these most expensive schools in Adelaide . Sold by Sally Cameron of Toop & Toop. South Australia Sothebys International Realty, 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg. 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 City of Elizabeth was officially amalgamated into the much bigger City of Playford in 1997, and Elizabeth North now . The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. For more information please see How We Get Paid. The property fetched $8.25 million, with some of the enviable features, such as two kilometres of direct beach frontage, a helicopter pad, dune buggy race track, and of course the usual trappings of a swim spa, six bedrooms, and five bathrooms. 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. Value for money real estate defines the Adelaide market and this is reflected in our Top 10 selections. As of 2021, prices rose dramatically, breaking with the $10,000 or $20,000 year-on-year rises and falls. The suburb is situated about four kilometres from the central business district. Image - Harcourts Pilgrim. We strongly recommend that you obtain independent advice before you act on the content. 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. Avenue, Springfield. 18 Bellerophon Street, Yatala Vale sold for $1.56 million. Asking prices were on a gradual rise in the years prior to the pandemic, but as of 2021, Adelaide house prices have been making significant rises. 30 Strathmore Ave, Lockleys $2.25 million. 19 Travers Drive, Beaumont $3,700,000, 19 Travers Drive, Beaumont. Paula Thompson. before it was updated, as part of our Walkervile, just four kilometres north east of the Adelaide city centre, was home to the most expensive house sold in Adelaide in 2015. Sponsored or Promoted products are clearly disclosed as such on website pages. The same could be said for parts of Unley Park, particularly the gracious homes on tree laden Victoria Avenue. Giordano & Partners have listed potentially the most expensive home ever sold in the state. 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. This field is for validation purposes and should be left unchanged. West Beach is a wonderful family friendly suburb located between Henley and Glenelg. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. The average rent in Sydney is $600 for houses and $490 for units. Across Australia, house values . Springfield has a median house price of A$1,570,143. WA is next with $300,252 and Elizabeth Downs in Greater Adelaide at $305,336. 253 Short Rd, Penfield Gardens sold for $2.325 million. If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. 5 Brookside Rd, Springfield sold for $4.6 million. Prefer us not to? St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. The City of Playford is one of Australias busiest markets, with most suburbs still recording rising sales levels. Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. For Sale. A mansion in Medindie sold for a whopping eight-figures but did not make it to this list of top sales because the final price was not disclosed to realestate.com.au. 4. Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. Common amenities in Australia are Garden, Terrace, Garage and Bar. 382 The Parade, Kensington Park $4,500,000, 4. Australia's . Try our Home Loans comparison tool to instantly compare Canstar expert rated options. For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. This is a paid advertisement. The views, opinions, and positions expressed in this piece are the views of the author(s) alone, and do not necessarily reflect the views of Canstar. ^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. 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. Into the heart of adelaide. Its also a short drive to the beach. . This article was reviewed by our Editorial Campaigns Manager 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. Summary of cost of living in Adelaide. The most expensive house sold in Adelaide in 2021. 5 beds. "An open inspection in any of these suburbs attracts maximum attention, although many vendors in Adelaide (particularly these areas) opt for private inspection and no signboards," he told WILLIAMS MEDIA. The fees listed below are for general tuition, with some school levy's included. Grand estate Ivanhoe currently holds the record for the highest price paid for a property in South Australia. READ MORE: Ciara drops $33.5 million on Colorado mansion. "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. *We are Australias Biggest Financial Comparison Site. Contracts to buy U.S. previously owned homes rose by the most in more than 2-1/2 years in . The list of the next biggest houses follows. The most popular property types are House (21 listings) and Apartment (5 listings). Find out which suburbs in Adelaide made the top 10 list in Canstars second annual Rising Stars Australian Property Market Report powered by Hotspotting. "The most expensive suburbs are Unley Park, Springfield, North Adelaide, Gilberton, Fitzroy and along the esplanade/ foreshore suburbs from Tennyson through Glenelg and Brighton," he says. Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. 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. With overseas travel becoming increasingly difficult, people want bigger, better homes to spend time in. World . Adelaide has some catching up to do. 4.1 (44) Structural . Enquire today! NORTH ADELAIDE. The southern City of Onkaparinga is an expression of the Exodus to Affordable Lifestyle trend beach suburbs and inland the McLaren Vale wine district, with houses below $500,000 plus rail and motorway links to the City. Year built: 1982. Pic: supplied. City of Port Adelaide Enfield. Pic: supplied. It is almost four and a half times more than Leabrooks current median house price of $1.8175 million. Houses. 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. A large portion of the suburb is comprised of Hazelwood Park itself, within which sits the George Bolton Swimming Centre. Get the latest real estate news delivered free to your inbox. 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. Magill sits among popular enclaves in the eastern suburbs close to the CBD and has a campus of the University of SA. 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). During that time he has published four books. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. This list only includes private residences. Grant Giordano of South Australia Sotheby's International Realty told WILLIAMS MEDIA the Adelaide property market is a great investment option. Adelaide's property prices hit a record high in the most recent quarter. In April of 2019, this seven-bedroom, eight-bathroom home in the north west suburb of Tennyson sold for $5.2 million, by Mr Giordano. 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. Compare that with Adelaide where the median is half that of Sydney - prices are down only 1.8 percent from the peak." $130 million. Pic: supplied. Upstairs, several bedrooms can be found, including the master suite, which appears to have similar proportions to that of a studio apartment. Houses are in the $400,000s, there are multiple schools, the Cobbler Creek Recreation Park and proximity to employment zones. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. The most expensive suburb to buy into is the leafy and upmarket suburb of Vaucluse, . Pictured: 95 Jeffcott Street, North Adelaide. Do a Google Image search for the suburb and only mansions turn up. Perth. 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, doesnt feature on the most expensive suburb list. Hackney is also home to a caravan park and other amenities. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. Along with the pool, the property has a long driveway and tennis court. 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. 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. After many years of flying under the radar of property investors, Adelaide is no longer an underrated market. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Claridge Construction has a reputation as a highly regarded luxury home builder in Adelaide. Find the best offers for houses most expensive adelaide. A four-bedroom house in one of the citys most sought-after suburbs, a beachfront mega-mansion and a timeless villa are among the top 10 house sales for 2021. Prices saw a high point late last year, as high as around $1.3 to $1.4 million for weekly asking prices. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. 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) 23 Wootoona Tce, St Georges. Adelaide's most expensive and affordable suburbs to rent in 2022. 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, . 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. 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. At this stage in Adelaides collective property journey, two significant houses that have cracked sales prices of $8,000,000 plus have transacted in recent times. For more information please see How We Get Paid. Check our round-up of the best online furniture stores to find the best places to shop for beautiful furniture online. Buyers have targeted Adelaide for its relative affordability, higher-than-average yields and good growth prospects. 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 . When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. 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. Prince Alfred College. Adelaides most expensive house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list below. 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 house is located among some of the most elegant homes in the city along a popular promenade, offering a high level of privacy. I know the cost will vary depending on the subfloor structure, but just to start thinking how much it might end up costing. Aptly named, the streets of this covetable inner suburb are lined with treesand residential gardens. 19 Statenborough St, Leabrook $8 million. Courtesy of B/SCENE STUDIOS. 1. However, Medindie in Adelaide's north takes the top spot, with house prices averaging just over $1.7 million. The median house price is $2,019,600, with weekly asking prices around $1.3 million, again the weekly asking price includes data from other suburbs under the postcode 5069. Review Summary; Specifications; Customer Service. Sold by Sally Cameron of Toop & Toop. You may wish to obtain financial advice from a suitably qualified adviser before making any decision to acquire a financial product. 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. How much commission do real estate agents really make? 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