1. The sale price is above the $6.2 million it transacted for in 2011. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. Myer Centre, Adelaide. Factors include supply versus . Its a fair dinkum transaction and a record, but its not a sale.. 23 Wotuna Terrace, St. George - $6,080,000. Historically Adelaide has ticked along and had constant growth, but has never experienced the exponential growth of sister cities in Australia. options. 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. 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, doesn't feature on the most expensive suburb list. "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. While Toop&Toop Real Estate chairman Anthony Toop who was involved in the transfer stressed it was not technically a sale, it is the highest priced residential property transaction to have been processed by the Land Titles Office. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. The suburb is mostly comprised of St Peters College, with a retirement village on the western fringe of the suburb. Personalised advertising: We show you more relevant advertising based on your activity. 5 Scott Creek Rd, Heathfield sold for $4.1 million. 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg Closely following Toorak Gardens is the suburb of Malvern, with a median price of $1.3 million. Picture: Bianca De Marchi. 253 Short Rd, Penfield Gardens $2.325 million. Adelaide was beaten by places like Istanbul, Miami, and Riyadh. The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. + 10 more honourable mentions of the best luxury home builders in Adelaide! Northern penthouse at Realm, 9-19 Austin Street, Adelaide. St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. 4.5 (74) Site Admin. They like to keep the sale private and we respect that. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. This article is not intended to provide and should not be relied upon for legal, tax or accounting advice from Canstar. The Myer Centre in Adelaide is the third most expensive building in Australia. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. 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. You may need financial advice from a suitably qualified adviser. Adelaide Private School Fees, have been taken from 2019 to 2022. The upper floor even accommodates a self-contained nanny suite, and there is a billiard room. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. "North Adelaide, along with Gilberton and Fitzroy is established Old Money. West Creek Ranch, Gateway, Colorado ($279 million) Mansion Global. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. 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. 12. 2. See the full list below. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. At a discount of some $4,000, the median price for Hazelwood Park is $1,712,000. 37 Shakespeare Ave, Tranmere sold for $2.1 million. Unley Park sits north of Cross Road (A3) and is between Unley Park and Millswood train stations. 19 Statenborough St, Leabrook $8 million. Get the latest real estate news delivered free to your inbox. 20 Fitzroy Tce, Fitzroy sold for $5.55 million. ", CoreLogic's most expensive suburbs in Adelaide (based on median value), These are Queensland's most expensive suburbs, "Confidence is well and truly back" in South Australian market, Keep the conversation going with Recon Daily. Walford Anglican School for Girls. World . Mobile/tablet users, scroll sideways to view full table . 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. For Sale. Located on the fringes of Adelaide and home to historic landmarks like Carrick Hill, the suburb of Springfield takes nineteenth place on the list for most expensive suburbs in Adelaide. 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 credit product or loan. 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. The rest of the bedrooms even score their own unique names, with monikers like the steel, pewter and silver suite further enhancing the feeling of grandeur. Its also a short drive to the beach. Serenity Homes. Glen Osmond sits in third place with a median house price just sitting over $1 million. 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. Sponsorship or Promotion fees may be higher than referral fees. Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. 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 . Join the Australian Commercial real estate conversation with COMMO our free newsletter. READ MORE: Ciara drops $33.5 million on Colorado mansion. 5 Brookside Rd, Springfield $4.6 million. 18 Bellerophon Street, Yatala Vale sold for $1.56 million. We strongly recommend that you obtain independent advice before you act on the content. 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. Cover image source: Sue Burton Photography/Shutterstock.com. Land size: 4.27ha. Priced, and most importantly, fanta It is also the fifth most expensive home sale for the year, according to realestate.com.au. Behind Canberra, Sydney comes in as the second most expensive city for renters in Australia. This home is so expansive that it straddles the states of Utah and Colorado. Adelaide's most expensive and affordable suburbs to rent in 2022. The rate of sale in Munno Para and Munno Para West has tripled in the past two years. Move over Ivanhoe, SA has a new residential property transaction record and the amount paid in fees alone is more than our states median house price. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. The mansion was built in 1889 and offers 740 sqm of living space across 13 rooms, six of which are bedrooms. The first ten thousand came by around May 2021, with another price rise coming around July. For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. Read the Comparison Rate Warning. Uniforms and additional school levy's may apply. Before you elect to terminate or modify existing lending arrangements, it is recommended that you consider all associated fees and application costs, as well as the timing and impact these changes could have on your wider financial arrangements and personal circumstances. Rents have risen 15% in the past year, on the back of a 0.6% vacancy rate. 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 . 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg, 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg, 12-mills-terrace-north-adelaide-a3931596-82be-4602-abbf-a7f1a8ad0889.jpg, View Grant Giordano's profile on Luxury List, View Graham Bowie's profile on Luxury List, Graham Bowie Sotheby's International Realty South Australia, Grant Giordano South Australia Sothebys International Realty, Jacqui Ilicic South Australia Sothebys International Realty, Property markets perfect storm - Ray White, Brand new Hawthorn East apartments for sale with skyline views - RT Edgar, How fear of failure is causing you to fail, Interconnected Agent Network Overcame State Border Closures, How I made $850,000 before getting out of bed, how you can too. 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. $141 million. The stone mansion was originally built in 1912 and has a detached guest house, swimming pool and tennis court. fact-checking process. 1) Elizabeth North. Six kilometres south of the Adelaide CBD, Kingswood has a median house price of $1,766,300, and an asking price around the $1.1 million to $1.3 million mark. . Kurralta Park. Allan Real Estate director Brad Allan, who sold the property with Zoe Murray, said real estate growth in Adelaide has indeed been exceptional this year. St Peter's College. Theres been a steady rise in buying activity in this highly-regarded suburb over the past 18 months. Adelaide is the cheapest place to rent in Australia but Melbourne renters are also winning as prices have barely increased in the past 12 months. 6 McKinlay Court, Mawson Lakes $2.1 million. The precinct offers attractive affordability relative to its location and proximity to massive employment zones. South Australia Sothebys International Realty, 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg. There are lots of green spaces as well as beaches. Weekly asking prices stayed flat for the past 10 years, but have increased to $700,000+. The median price for this suburb is $1,655,700, with the small suburb known for having great amenities and located close to main roads leading into the Adelaide CBD including Kensington Road and Magill Road. Mr Giordano said his team were fortunate enough to represent the vendor in a $8,250,000 sale of a property nearly two hours away from Adelaide, a sale which he said demonstrates attitudes towards lifestyle properties are quickly changing the luxury market.. With more than 3000 properties currently listed for sale in Adelaide, and with the highest clearance rates in the country, it's fair to say the City of Churches' real estate market is booming. Median house prices for Medindie are around $1,886,400, with asking prices floating around the $1.1 million mark in recent times. During that time he has published four books. Also with a median house price of $1,760,600, Tennyson is a beachside suburb, well north of Henley and Glenelg Beaches. As mentioned, Fairwater takes out the title of biggest house in Australia. The One. Explore our stunning collection today. 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. 5. Pic: supplied. Summertown Aristologist in the Patch Marion Bay's Van Bone is one of Australia's most popular destination diners but, even if you do manage to snag a reservation, it's a long way to the east coast of Tasmania. It has claimed for itself the status as the high-tech innovation capital of Australia, with many national and international businesses based there. The Turner Street address, dubbed the . Personalised advertising: We show you more relevant advertising based on your activity. 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. The priciest house ever sold at auction in Australia, No. The suburb is also known for having Adelaides wealthiest street. What is the most expensive house in Adelaide? 10 Robe Terrace, Medindie $9.25 million. Among them is a classic villa in Kensington Park. Adelaide: 8.0: 76: Brisbane: 7.4: 88: Melbourne: 12.1: 73: Perth: 7.1: 91: Sydney: The vacancy rate is 0.3% and rents have risen 15% in the past year. Units are up 4.3% and houses are up 9.1% vs last year. Taking first place is Medindie! Adelaides run of big sales continues, with the sale of a half-finished Leabrook mansion, which has eclipsed the previous state-record holder by $1 million. This has pushed house values into the $500,000s, but this market is early in a growth cycle. If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. The European style surroundings include extra-tall sandstone pillared fence, large sandstone paved entertaining, paths, steps, columns & sun lounge area, the listing said. Adelaide Crescent Hove. Fortunately, the entire team is making its way to Adelaide for an event with the Aristologist team . However, Medindie in Adelaide's north takes the top spot, with house prices averaging just over $1.7 million. Houses come in at a median of $3.19 million and units come in at a median of $1.05 million. Please visit our advertising page to learn more and enquire about advertising with us. Two houses sold by him and his wife Stephanie Williams are among the top-sellers for the year. Buyers have targeted Adelaide for its relative affordability, higher-than-average yields and good growth prospects. Luxury real estate in Adelaide, South Australia What you get: . 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. 5 beds. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. The median house price for homes in Ashton is $1,762,000, with weekly asking prices varying wildly between $1 million to $2.5 million. 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. 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. Those looking to make the most of the year-round holiday vibe head for Semaphore. 382 The Parade, Kensington Park $4,500,000, 4. Buyer demand in Christies Beach has risen steadily over two years and the median is now nudging $500,000. Older couples and families are moving in for its relaxed way . Pembroke School. Into the heart of adelaide. Elizabeth Vale offers all of that (vacancies 0.2%), as well as the Lyell McEwin Hospital, a shopping centre and extensive green spaces. *We are Australias Biggest Financial Comparison Site. Recent major price uplift and 0.3% vacancies attest to the popularity of the location. Experts say that's good news for sellers, but buyers are struggling to get into the market. The Ellenberg Fraser-designed tower has a range of amenities, including a 25-metre swimming pool outdoor entertaining area and wellness centre. Again this sale represents a rapidly diversifying housing market especially when you consider the house & land sale was on less than half the land of the other two landmark sales in an historically less prestigious suburb he said. Springfield has a median house price of A$1,570,143. Pic: supplied, 2. 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). The most expensive house sold in Adelaide in 2018 was actually a penthouse; the northern one at Parallel Propertys Realm development on Austin Street. According to latest data released by realestate.com.au, which took into account only those houses that were listed on its website and had their sales prices disclosed, there are six houses that each sold for more than $4m. Overlooking the North Adelaide Parklands and the CBD, the house sits on a 2,058 sqm block and features a tennis court and sun-bathed heated swimming pool. Pic: supplied. Check our round-up of the best online furniture stores to find the best places to shop for beautiful furniture online. Take a look through 9 Robe Tce, Medindie - a home tipped to break Adelaide's residential property record. According to realestate.com.au, it is the third most expensive home sold for a verified sale of $4,500,000. Sea and tree changers are still driving regional property prices up, but the peak is over, More young Aussies are under extreme housing stress than babyboomers, AHURI and UNSW study finds, Adelaide's highest median prices are half that of Melbourne, and a third of Sydney's, Many suburbs were in the northeastern cluster close to the Botanic Gardens, Adelaide Hills and beachside suburbs also made the list, Luxury Holiday Homes at a Fraction of the Cost. 81 Seaview Road Tennyson sold for $5.2 million. Stormont mansion at 14 South Esplanade, Glenelg sold for $6.5 million. The suburb is home to a selection of stylish and upmarket shops, popular cafes, and is one of Adelaides most desirable suburbs. 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. Pic: supplied, 8. A little further out than the above-mentioned suburbs, Royston Park has a median price of $1.71 million, and asking prices around the $1 million mark. With overseas travel becoming increasingly difficult, people want bigger, better homes to spend time in. Houses in Adelaide. But whileToorak Gardens, Malvern, Glen Osmond, St Peters, and Unley are certainly prestigious suburbs, Mr Bowie doesn't agree that they are the most expensive. Along with road-free access to the beach, the property has a 30-plus metre frontage. The City of Elizabeth was officially amalgamated into the much bigger City of Playford in 1997, and Elizabeth North now . The 10 most expensive cities around the world to buy property 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, . Most expensive suburbs in Adelaide. Claridge Construction has a reputation as a highly regarded luxury home builder in Adelaide. Sold by Sally Cameron of Toop & Toop. Interest rates based on the average owner occupier, principal and interest variable rate for a loan of $500,000 as at 7 November 2022, for 80% LVR (5.25%). 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. The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). Sponsored or Promoted products are clearly disclosed as such on website pages. Explore our stunning collection today. Pictured: 23 Coreega Avenue, Springfield. The ten-bedroom estate at 49-109 Tallebudgera Connection Road, Tallebudgera, went under the auctioneer's gavel on Saturday, February 25. Enquire today! That has resulted in increased demand for luxurious properties, Mr Williams said. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall or rise. 3. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. All property prices are as stated by the listing agent. 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. How Much Does A Conveyancer Cost in Australia? Try our Home Loans comparison tool to instantly compare Canstar expert rated Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. Home loan repayment data canstar.com.au as at 7 November 2022. The top-sellers for the year at auction in Australia, with asking prices floating around the $,! 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