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South Australia’s real estate sector continues to launch targets, with subway home values ​​rising last month and recording the fourth largest growth in any capital city, a new report shows.

According to Proptrack’s September House Price Index Report, South Australia’s property has seen the highest growth rate in the past year, with total housing and unit living (including homes and units) up 12.3 per cent from the past year, while metropolitan housing prices have risen 8.6 per cent in the past year.

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Now, Adelaide’s median value is $762,000 more than last year’s $71,900, while the regional SA’s median home price is $470,000, about $52,000 more than last year.

Eleanor Creagh, senior economist and report author of Rea Group, said the housing market is still on a firm upward trajectory this spring sales season.

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“In September, national housing prices rose 0.5%, extending the rise to the ninth month, with a boost of 6.2% higher than a year ago,” she said.

“The combination of lending capacity and lowering borrowing costs, stronger buyers

Confidence and new competition are a huge foundation of excitement, while momentum is shifting.

Rea Group Senior Economist Eleanor Creagh


“Although national growth accelerates in 2025, its long-term average is still below the long-term average, with extended affordability, limited prices, and a previous boom of 20% to 30%.

House prices in Adelaide are still at record highs – 0.58% this month and 8.43% for the year to $933,000, while metropolitan units have increased by 0.32% in the past month and 9.54% in the past 12 months to $645,000.

That’s $74,500 for the home, and the unit is $54,600.

Regionally, the median home price is $478,000 and the median unit price is $428,000.

Over the past five years, the price of living in Metropolitan Adelaide has increased by 88.56%, while the price of living in regional homes has increased by 95.69%.

Ms Creagh said lower interest rates this year, increased sentiment and the expansion of the home guarantee plan in October will increase support.

An edited bird's-eye view of Adelaide CBD is provided. Image: Provided by Cavalier Frank

Adelaide homes are rising. Image: Provided by Cavalier Frank


“Demand-side stimulus will intensify competition due to market restrictions and challenges from new supply,” she said.

“The housing market is expected to achieve further gains throughout the spring, although the pace will vary across cities as the momentum changes.”

However, rising prices are not good for everyone, as rising markets means buyers have to pay more to secure their ideal home, and the first home buyer to require a larger deposit to enter the market.

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According to the report, home values ​​in the southeastern part of the state have increased by 12.69% to a median of $527,000 over the past 12 months, while homes in the Barossa-York-North region of the state have increased by 11.95% to a median of $475,000.

Graham Cooke, head of consumer research at Finder. Image: Provided


Graham Cooke, head of consumer research at Finder, said many homeowners are still doing hard.

“While the relief begins to filter out, 35% of homeowners are still working to pay their mortgages in September,” he said.

“Even if another layoff is expected before Christmas, you don’t have to wait for a better deal.

“If you are currently paying more than 5.5% at variable rates, you may be paying too much.”

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