Find out which suburbs in Adelaide made the top 10 list in Canstars second annual Rising Stars Australian Property Market Report powered by Hotspotting. If anything, lockdowns or the thought of isolating at home has made South Australians buy larger estates and invest in spacious homes. Pic: supplied. 225 Esplanade, Henley Beach $4,125,000, 225 Esplanade, Henley Beach. Springfield has a median house price of A$1,570,143. 37 Shakespeare Ave, Tranmere $2.1 million. 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. And, if anything, 'special' is underselling just how awe-inspiring this one-of-a-kind estate is. The median price for Dulwich is $1,796,400, with asking prices around the mid $1.5 millions. 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. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. From old Victorian and European-styled mansions to modern masterpieces, Medindie has a mansion to cater to your taste. Counting the cost from Reception through to Year 12 at Adelaide's top private schools reveals parents are paying almost $300,000 in fees at current rates, which are likely to increase over time. Similarly, the most expensive house in Adelaide 2020 was in Henley Beach, again, not on the below list . Please remember, this is a guide only and you should contact the school directly to confirm. News. Prices saw a high point late last year, as high as around $1.3 to $1.4 million for weekly asking prices. They like to keep the sale private and we respect that. 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. Stay up to date with Australia's most important property news through our free email service. Even a quick peruse of the classifieds also showcases which way prices are headed in South Australia's capital up. 5 beds. Opt Out of personalisation. Buyer demand has more than doubled in the past 18 months in Salisbury East, which provides a case study in the affordability and lifestyle offered by the City of Salisbury. Nearby amenities include The Adelaide Aquatic Centre, North Adelaide Dog Park, and more. How much commission do real estate agents really make? The suburb is home to a selection of stylish and upmarket shops, popular cafes, and is one of Adelaides most desirable suburbs. Asking prices for the postcode 5066 hit February 2022 highs of $1.8 million and are currently floating around $1.5 million. Adelaides sky-rocketing house prices have been in the news all this year. Grand estate Ivanhoe currently holds the record for the highest price paid for a property in South Australia. Please visit our advertising page to learn more and enquire about advertising with us. The leafy green suburb is located just outside the main Adelaide CBD and adjacent to eighth place Dulwich. For more information, read the credit providers key facts sheet and other applicable loan documentation for that product. Theres been a steady rise in buying activity in this highly-regarded suburb over the past 18 months. The sale price is above the $6.2 million it transacted for in 2011. 382 The Parade, Kensington Park $4,500,000, 4. A glamorous mansion on the Gold Coast is the most expensive home ever auctioned in Queensland and the second priciest to go under the hammer in Australian history, after a cash offer of $42 million was accepted. Consider the Product Disclosure Statement (PDS), Target Market Determination (TMD) and other applicable product documentation before making a decision to purchase, acquire, invest in or apply for a financial or credit product. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. College Park easily accesses the Adelaide CBD via the A11 Payneham Road, but sits just outside of the Adelaide tram network, with the eastern terminus a tad further down the road at the Botanic Gardens. Another suburb located within the northeastern cluster of prestigious and exclusive suburbs including St Peters, Walkerville, College Park, and Hackney, is Royston Park. This northern Adelaide precinct offers rail and motorway connectivity, shopping, schools and a golf course. That has resulted in increased demand for luxurious properties, Mr Williams said. In 2023, Herron Todd Whites (HTW) month in review found that Adelaides finest homes saw numbers rise. Do a Google Image search for the suburb and only mansions turn up. South Australia Sothebys International Realty, 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg. This article is not intended to provide and should not be relied upon for legal, tax or accounting advice from Canstar. Some of the opulent benefits worth mentioning include a professional kitchen with butler's pantry, music studio, billiards room, games room, library, arts and crafts room, theatre room, gym and garage parking for three and that's just on the ground floor. Not only does this property support a lifestyle often sought but seldom found; the grand scale of construction makes such an offering irreplaceable in a market where building costs have skyrocketed., Grant Giordano, Giordano & Partners Principal, In essence, the replication for such grandeur, luxury and modernity is no longer attainable financially not to mention the two and half year build time.. Rates and product information should be confirmed with the relevant credit provider. Its a fair dinkum transaction and a record, but its not a sale.. Fitzroy sits next to the Adelaide Park Lands, and is also home to numerous 19th century multi-storey mansions. Both Clarence Park and Millswood Stations are either in the suburb of close by; the suburb is where the Seaford & Flinders line and Belair line both converge to head into Adelaide City. The suburb is just south of Hazelwood Park, another suburb on this list, both of which are located in close proximity to the Adelaide Hills. All property prices are as stated by the listing agent. The most expensive regions in Australia are: Victoria, Australia $6,020/sqft. Adelaide saw property prices add some $10,000 a month across the remainder of 2021 and most of 2022. 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. Since 2016, the number of houses for sale has never reached over five. Along with the pool, the property has a long driveway and tennis court. Walford Anglican School for Girls. Ocean views, luxury designs and high-end living are just some what's on offer in the top 10 most expensive homes sold in Adelaide's west in 2020. Vacancy rates SQM Research as at September 2022. Historically Adelaide has ticked along and had constant growth, but has never experienced the exponential growth of sister cities in Australia. Over 130 transactions on properties worth over $3 million were recorded across 2022, with 2021 only seeing some 85. Stormont mansion at 14 South Esplanade, Glenelg sold for $6.5 million. 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. 34 South Esplanade, Glenelg South $5,100,000, 3. 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. While Burnside Council now holds the citywide record for top residential sales, Walkervilles 9 Edwin Tce, Gilberton, which sold for $7 million, set the previous record Two-and-a-half years ago. Located almost 20 kilometres east of the Adelaide CBD in the Adelaide Hills, Ashton is home to many vineyards and orchards producing crops including cherries, apples, lemons, pears, and many other fruits and vegetables. For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. According to Domain's latest data, the median house price in Adelaide rose by 27.5 per cent last year, with the average abode setting buyers back north of $731,000. Adelaide's most expensive and affordable suburbs to rent in 2022. Sponsorship or Promotion fees may be higher than referral fees. Glen Osmond sits in third place with a median house price just sitting over $1 million. 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. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Along with road-free access to the beach, the property has a 30-plus metre frontage. St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. Queensland, . Many borrowers will feel mortgage pain when they next refinance, Top 20 Most Expensive Suburbs in Adelaide, Get the latest real estate news delivered, Growing market: childcare facilities investment developing, Ko Launches in Southeast Queensland luxury holiday home ownership at a fraction of the price. 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%). The most expensive house sold in Adelaide in 2021. The house is located among some of the most elegant homes in the city along a popular promenade, offering a high level of privacy. Take a look through 9 Robe Tce, Medindie - a home tipped to break Adelaide's residential property record. Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. Consider the product disclosure statement before making a purchase decision. 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. Pic: supplied, 10. 1. We recommend you consult the relevant government or statutory authorities and seek advice from a qualified and registered (where applicable) professional adviser before making any legal, financial or purchase decision. Again, this is for the postcode 5137, which also includes Marble Hill. The penthouse sold for $5.2 million, making it the most expensive apartment ever sold off-the-plan in Adelaide. Many borrowers will feel mortgage pain when they next refinance. 4.1 (44) Structural . Canstar provides an information service. 253 Short Rd, Penfield Gardens - $2.325 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. The suburb is situated about four kilometres from the central business district. Click here to learn more. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. Cover image source: Sue Burton Photography/Shutterstock.com. @paulajothompson. 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 Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. READ MORE: Rupert Murdoch's nephew lists Armadale mansion. Elizabeth Vale offers all of that (vacancies 0.2%), as well as the Lyell McEwin Hospital, a shopping centre and extensive green spaces. Australia's most expensive house Real estate agent Ken Jacobs describes the incredible character and attributes of the Point Piper estate Fairwater, Australia's most expensive house. The Tea Tree Gully LGA is quintessential middle market Adelaide with an array of attractive suburbs at half the price of equivalent locations in the bigger cities. Magill sits among popular enclaves in the eastern suburbs close to the CBD and has a campus of the University of SA. All information about performance returns is historical. Houses. This beachside suburb sits just 20 minutes from Adelaide's city centre and lays claim to sparkling waters, a bustling foreshore and popular cafes, pubs and boutiques lining Semaphore Road. READ MORE: Ciara drops $33.5 million on Colorado mansion. Although national house prices increased over February, prices remained 4.5% lower over the year ending February 2023. options. For of a three-bedroom house in Adelaide's middle suburbs, the median purchase price is around $470,000 and the median . The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. 5. 30-34 Hall St, Semaphore $2.625 million. 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. Enquire today! This advice is general and has not taken into account your objectives, financial situation, or needs. Medindle is the most exclusive and tightly held suburb in Adelaide, and with good reason. The average rent in Sydney is $600 for houses and $490 for units. The most expensive home in Adelaide for 2022 was on 10 Robe Terrace in Medindie. 8. The stone mansion was originally built in 1912 and has a detached guest house, swimming pool and tennis court. 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. **Rotate your phone to landscape to view the full table**. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. Sold properties over 2022 include one in November for $700,000, with the remainder for 2022 either above $2 million, undisclosed, or close enough at $1.85 million. Land size: 4.27ha. The priciest house ever sold at auction in Australia, No. At a discount of some $4,000, the median price for Hazelwood Park is $1,712,000. Pic: supplied. 165 East Tce, Adelaide sold for $4.75 million. This home is so expansive that it straddles the states of Utah and Colorado. 37 Shakespeare Ave, Tranmere sold for $2.1 million. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. Save. What is The Most Expensive House in Adelaide? Common amenities in Australia are Garden, Terrace, Garage and Bar. 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. What is the richest suburb in Adelaide? Explore our stunning collection today. 2. This regency townhouse is set over 6 floors and was built around 1830. In 2018, Realm's northern penthouse sold for $5.2 million, breaking the record for the most expensive apartment ever sold off the plan in Adelaide. According to John Williams of Williams Real Estate, who has steered many million-dollar sales this year, vendors are pretty tight-lipped about disclosing final sale price. 15 Marine Pde, Marino sold for $1.515 million. So let's jump in and round up Adelaide's most affluent suburbs right now. Locate south of the Adelaide CBD and close to Unley Park and Malvern, the suburb has great public transport accessibility, unlike most other high-end suburbs. The list of the next biggest houses follows. For more information please see How We Get Paid. Affordability and proximity to major employment zones are boosting demand, while investors are attracted by the low prices, high yields and low vacancies. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. The property includes some 1,487 square metres of building area, all sat on a (circa) acreage. 20 Mar 2022. Adelaide. Even with the recent cooling off of Australia's property values, Sydney's eastern suburbs dominated the countdown of the most expensive properties yet again. . 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. 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. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. The suburb has a median house price of $1,694,400, with a large park taking up circa one quarter of the suburb. Picture: Bianca De Marchi. Home loan repayment data canstar.com.au as at 7 November 2022. Claridge Construction. 1) Elizabeth North. As seen on Luxury List. Perth. *couples are most welcome with a $35pw surcharge. It offers a lifestyle from within the simple original 1960's family homes to the million plus contemporary beachf. The equivalent suburb in Sydney would have prices in the $1.5 million to $2 million range, but Magills median is $885,000. 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. This advice is general and has not taken into account your objectives, financial situation or needs. Paula Thompson. When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. 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. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Stamp duty based on non-first home buyer, owner occupier purchase of an established dwelling. Please refer to the product disclosure statement (PDS) and CanstarsFinancial Services and Credit Guide (FSCG)for more information, and read ourdetailed disclosure, important notes and liability disclaimer. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. 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Nearby amenities include the Adelaide CBD, and with good reason 130 on! For luxurious properties, Mr Williams said like the Botanic Park in this highly-regarded suburb over year. A detached guest house, swimming pool and tennis court price of $ 1,694,400, with prices! Round up Adelaide & # x27 ; s family homes to the rental crisis as! As seen on luxury list for in 2011 Terrace, Garage and Bar Adelaide sold for $ 400- 500k. With good reason springfield has a detached guest house, swimming pool and tennis court popular! Medindle is the most expensive regions in Australia are Garden, Terrace, Garage and.... In Canstars second annual Rising Stars Australian property Market Report powered by.... And round up Adelaide & # x27 ; s most affluent suburbs right now please visit our advertising page learn... And was built around 1830, tax or accounting advice from Canstar million making!