Your guide to Adelaide’s property market and its house prices

Your guide to Adelaide’s property market and its house prices

Adelaide is one of the fastest growing property markets in Australia and it’s not hard to see why.

Not only is it Australia’s most affordable capital city, but it’s also a bustling hub with plenty to offer – from beautiful beaches to spectacular wineries.

While national housing prices have continued to drop since 2017, Adelaide has remained steady, making it an attractive place to buy an investment property.

Whether it’s an apartment in the CBD or a stone worker’s cottage in the Adelaide Hills, there’s no shortage of excellent options to break into Adelaide’s property market.

Data from CoreLogic shows that households in Adelaide are primarily childless couples and are likely to be repaying $1800 to $2399 per month on mortgage repayments each month.

In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016. Currently the median sales price of houses in the area is $550,000.

Thinking of buying in Adelaide? You can check out the table below to compare suburb prices:

Do you need an Adelaide mortgage broker?

While the Adelaide property market is relatively accessible, you may want to consider working with a mortgage broker.

Working with a good Adelaide mortgage broker will help find the best possible home loan to suit your individual needs.

Not only that, but they will be able to provide you with advice and even help you file your settlement documents!

eChoice has some of the best mortgage brokers in Adelaide who have access to thousands of loan products and can help you find the right one for you.

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Looking to buy in Ultimo, NSW 2007.

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This information is a guide only and is an estimate only based on the past 12 months of aggregated online mortgage enquiries from eChoice and partner programs.


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