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South Australia’s statewide and metropolitan median home values have climbed to new records after a slight decline in the last quarter, a further proof of Adelaide’s flexible housing market.

However, it cannot provide hope for those trying to enter the market.

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According to the latest quarterly report for the second quarter of the total valuer report, South Australia’s median median increased by 3.14% or $24,000 to $789,000 in the past quarter, while Adelaide’s metropolitan median was $18,000 or 2.13% to $865,000.

SA’s statewide median home value also rose 11.13%, up $79,000 this time last year, with Adelaide’s metropolitan median rising 10.19% or $80,000.

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The state’s sales for the quarter were 6735, rising to 6546 in the same quarter last year, while 5764 recorded in the first quarter of the year.

Andrea, CEO of the South Australian Real Estate Research Institute, said SA’s market performance was strong.

“Reisa is pleased that the record-breaking median price and sales increase emphasizes the strength and resilience of the South Australian property market,” Ms Heading said.

Reisa CEO Andrea. supply


“However, it is also keenly aware that the issue of supply and the ensuing affordability of housing continues to have a significant impact on the first home buyers and investors.”

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Edited aerial images provided by Adelaide CBD Skyline. Image: Provided by coal mine

Many SA suburbs have home value. Image: Provided by coal mine


According to the report, median unit value has also risen by 2.54% or $15,500 in the past quarter, and in the past 12 months, the median was 9.82%, or $56,000, to the median of $626,500.

City units and apartments also performed well – up 17.32% or $79,000 in the past quarter, 9.97% or $48,500 in the past 12 months.

The last report from the total valuer showed that the value of the quarter fell by 10.63%.

In the suburbs, at least 10 sales were recorded this year and last quarter sales – experts determined that 10 sales were the lowest sales forming a statistically reliable average – Blair Athol recorded the biggest percentage increase in the past 12 months, with a median increase of 89.79%, or $435,000 from $485,000 to $920,500.

That was 19 sales in the last quarter, and it was 33 in the same quarter in 2024.

Harcourts editorial James Packham is provided. Image: Provided

James Packham of Harcourts Packham Property. Image: Provided


Harcourts Packham property sales broker James Packham said Blair Athol is a perfect buyer’s radar, partly because of its proximity to the city.

“It is directly north of the prospect, it cements its position as a high-level suburb, and a natural advancement is that buyers will try to get the goal of a lifestyle-like neighboring suburb at a more manageable price,” he said.

“Blair Athol previously offered many new homes under the government affordable housing program. Under these plans, many homes can be purchased far below market value and now with these owners selling in areas that achieve true market value.”

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James Harrison and Julia Fletcher and their dog Spencer at Blair Athol Sa’s home. Image by Ben Clark


Julia Fletcher, 32, a resident of Blair Athol, and his partner James Harrison, 34, are currently selling their 1 Latrobe ST, Blair Athol Athol home through Mr. Packham and say they love their area.

“We moved four years ago and I went through affordable housing (government plan – I really like the way it offers and how far it is from everything and I think resales may be great in the coming years.”

“It’s a very family-friendly suburb with lots of beautiful green spaces and parks that have been improved at that time.

“We hope to keep moving forward and the price increase of this property will prepare us for the future.”

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For regional buyers, Port Lincoln homes have seen the biggest growth in the past three months, or $61,000, or 12.2% in the quarter, to $561,000, while Port Augusta homes have seen the biggest growth in the past 12 months. The value here rose by $57,500 or 25.27% to $285,000.

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