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. The Turner Street address, dubbed the . And those in $3m and $5m . The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. Stay up to date with Australia's most important property news through our free email service. Mr Giordano said he and the team believe a house they currently have on the market in Yatala Vale, 17km from the CBD, will be the next record holder for the states highest residential sale. 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. An investigation by Forbes revealed Clarence House is worth an estimated $72 million, while Highgrove is now worth approximately $39 million. 18 Bellerophon St, Yatala Vale $1.56 million, 16 Northgate St, Unley Park $5.2 million, 9 Edwin Tce, Gilberton sold for $7 million. The second highest verified sale is of a luxurious beachfront mansion. 253 Short Rd, Penfield Gardens sold for $2.325 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 City of Elizabeth was officially amalgamated into the much bigger City of Playford in 1997, and Elizabeth North now . 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. It's also been crafted with exacting detail and myriad luxuries commensurate with an asking price roughly four times that of the average Australian's lifetime earning potential. 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 . Do a Google Image search for the suburb and only mansions turn up. Distance: 4.2km from the CBDRent average: $135/week private room. The leafy green suburb is located just outside the main Adelaide CBD and adjacent to eighth place Dulwich. These 10 locations have attractive affordability, vacancies close to zero and compelling growth dynamics in common. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. "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. Fitzroy sits next to the Adelaide Park Lands, and is also home to numerous 19th century multi-storey mansions. READ MORE: Rupert Murdoch's nephew lists Armadale mansion. 30-34 Hall St, Semaphore $2.625 million. Review Summary; Specifications; Customer Service. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. For a median price of $1,716,600, Hackney is a short 10 minute walk away from Adelaides CBD. Again, this is for the postcode 5137, which also includes Marble Hill. 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. 19 Travers Drive, Beaumont $3,700,000, 19 Travers Drive, Beaumont. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. Semaphore. Kurralta Park. As seen on Luxury List. The mansion was built in 1889 and offers 740 sqm of living space across 13 rooms, six of which are bedrooms. 5 beds. According to realestate.com.au, the property previously sold in May 2022 for an undisclosed amount, and in June 2007 for $2,405,000. . Vacancies are near zero and yields are high. The most expensive suburb to buy into is the leafy and upmarket suburb of Vaucluse, . St Peter's College. I know the cost will vary depending on the subfloor structure, but just to start thinking how much it might end up costing. The house is in a much sought-after residential area and given the high demand and low stock, we are not surprised it sold quickly, and for that amount, Mr Yuan said. The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. $130 million. Read the Comparison Rate Warning. Spread over 26,000-square-metres of pristinely manicured grounds, 'Yathalia', as it's called, is a staggering six-bedroom, six-bathroom mansion like no other in the region. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Former White family estate to set new suburb price record for Fulham. Adelaides sky-rocketing house prices have been in the news all this year. 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. While some council records were set more than 10 years ago, the majority of top sales were made over the past two years. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. . Asking prices were as high as $2.1 million in November last year. Walford Anglican School for Girls. There are many levels of accommodation available in Adelaide, all relatively affordable compared with other Australian capital cities. The vacancy rate is 0.3% and rents have risen 15% in the past year. The property includes some 1,487 square metres of building area, all sat on a (circa) acreage. This article is not intended to provide and should not be relied upon for legal, tax or accounting advice from Canstar. Sponsored or Promoted products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. Maria Bekiaris The vacancy rate is 0.3% and rents have risen 15% in the past year. Rates and product information should be confirmed with the relevant credit provider. Adelaide Crescent Hove. 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. Hackney is also home to a caravan park and other amenities. Adelaides most expensive house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list below. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. 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. 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 . 231 Esplanade, Aldinga Beach $2.05 million. Dulwich Bakery is also a local institution, dishing out an award-winning vanilla slice, the accolade wone at the Royal Adelaide Show several times. See the full list below. A property on Turner Street in Somerton Park, Adelaide, is so badly infested with cats, it's forced two neighbours to sell their homes in the past year alone. The One. Any information or advice of this nature in this piece is provided by the guest author(s) or interviewee(s) alone, and not by Canstar. The most expensive house sold in Adelaide in 2018 was actually a penthouse; the northern one at Parallel Propertys Realm development on Austin Street. Botten + Bowser, North Adelaide. Pic: supplied. 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. PIPA Chair, Nicola McDougall said there have been instances of people claiming to be qualified advisors, and even using fake credentials. While beachside homes have been always been in demand, the majority of properties topping this years list of premium prices are in inner city suburbs. When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. 5. Distance: 2.8km from the CBD Rent average: $200/week private room. Even a quick peruse of the classifieds also showcases which way prices are headed in South Australia's capital up. Although these most expensive schools in Adelaide . 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. Stamp duty based on non-first home buyer, owner occupier purchase of an established dwelling. This field is for validation purposes and should be left unchanged. After reviewing what feels like every display home in Adelaide, we wanted Dechellis over. So let's jump in and round up Adelaide's most affluent suburbs right now. Shortages of rental properties are common across Australia, but there is nowhere quite like Adelaide. Dulwich is bordered on the east by Toorak Gardens, and to the west by Victoria Park and the Adelaide CBD. For more information, read Canstars Financial Services and Credit Guide (FSCG) and our detailed disclosure. With a median house price of $1.47 million, Toorak Gardens is officially Adelaide's most expensive suburb, according to new figures from CoreLogic. It has been at the forefront of price growth nationwide for the past two years and continues to have one of Australias busiest and most competitive property markets, with homes selling quickly at higher-than-expected prices. How much commission do real estate agents really make? Property News:Sunny playground where the growth is only just beginning - domain.com.au. What is the most expensive house in Adelaide? Another suburb located within the northeastern cluster of prestigious and exclusive suburbs including St Peters, Walkerville, College Park, and Hackney, is Royston Park. Older couples and families are moving in for its relaxed way . For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. 253 Short Rd, Penfield Gardens - $2.325 million. 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. Stunning homes, eager buyers and jaw-dropping deals this was the perfect year for real estate in Adelaide. The most expensive house sold in Adelaide in 2021. 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. After many years of flying under the radar of property investors, Adelaide is no longer an underrated market. Aptly named, the streets of this covetable inner suburb are lined with treesand residential gardens. The most popular property types are House (21 listings) and Apartment (5 listings). Claridge Construction. The precinct offers attractive affordability relative to its location and proximity to massive employment zones. Stay up to date with Australia's most important property news through our free email service. 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) Close to the Mitcham train station, the suburb is south of fourth-ranked Malvern and Unley Park. Less than 4km from the CBD, it has that quintessential family vibe, with wide streets lined with trees, while its local shops are your . We sold five homes just last week with prices over $5m but we didnt disclose that, Mr Williams said. *We are Australias Biggest Financial Comparison Site. The penthouse sold for $5.2 million, making it the most expensive apartment ever sold off-the-plan in Adelaide. 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. Among them is a classic villa in Kensington Park. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. Adelaide: 8.0: 76: Brisbane: 7.4: 88: Melbourne: 12.1: 73: Perth: 7.1: 91: Sydney: 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. 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, . Before you decide whether or not to acquire a particular financial product you should assess whether it is appropriate for you in the light of your own personal circumstances, having regard to your own objectives, financial situation and needs. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. options. Perth house prices also increased over the quarter up by 0.4% with Adelaide steady. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. Serenity Homes. 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 . 3. 9. Adelaide prices finished 2016 with an average of $500,000, saw out 2017 with an average of $526,000, 2018 was $516,000, 2019 $521,000, and 2020 $536,000. Claridge Construction has a reputation as a highly regarded luxury home builder in Adelaide. For of a three-bedroom house in Adelaide's middle suburbs, the median purchase price is around $470,000 and the median . Pictured: 23 Coreega Avenue, Springfield. 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. Value for money real estate defines the Adelaide market and this is reflected in our Top 10 selections. At a discount of some $4,000, the median price for Hazelwood Park is $1,712,000. *couples are most welcome with a $35pw surcharge. But, what about the luxury market? 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. 68 Battams Rd, Marden sold for $5.3 million. With overseas travel becoming increasingly difficult, people want bigger, better homes to spend time in. Closely following Toorak Gardens is the suburb of Malvern, with a median price of $1.3 million. ) acreage last week with prices over $ 5m but we didnt disclose that, Williams... Vacancy rate is 0.3 % and rents have risen 15 % in the news all this year making the! Inner suburb are lined with treesand residential Gardens recommend sponsored lenders, ranked twelfth the. An underrated market very own luxury holiday home, for a fraction of the Hills for... Of building area, all sat on a ( circa ) acreage Dulwich is bordered on the structure... Sale through Grant Giordano and Jacqui Ilicic of South Australia 's most important stories with our free service! In 1997, and the Southern Moreton Bay Islands took out four of the will. Of property investors, Adelaide is no longer an underrated market Adelaide Park,! Free emails containing the countrys most important property news: Sunny playground where growth. Adelaide steady offers 740 sqm of living space across 13 rooms, six of which bedrooms. Villa in Kensington Park the property previously sold in may 2022 for an undisclosed amount, and the! Asking prices were as high as $ 2.1 million in November last year square metres of building,... Sponsorship or Promotion may vary between providers, website position, and purchase your very own holiday. In 1889 and offers 740 sqm of living space across 13 rooms, of. 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