Property Market in Adelaide
Adelaide has shifted from one of Australia's most affordable capitals to a competitive market, with strong price growth across inner-ring suburbs like Norwood, Unley, and Prospect. A growing defence industry centred on the Osborne shipbuilding precinct and expanding health and education sectors provide diverse economic foundations.
House-price scenario
$750,000
Unit-price scenario
$450,000
These are indicative scenario inputs, not live valuations or sale-price estimates. Property prices vary by suburb, property and data period. Replace them with a current price before relying on a calculator result.
For an illustrative Adelaide scenario using a price of $750,000, a 20% deposit ($150,000) and a $600,000 loan at an assumed 6.20% over 30 years, principal and interest repayments are approximately $3,675 per month. Change the price, deposit, interest rate and loan term above to model your own assumptions.
Buying Property in Adelaide
Adelaide's rapid price catch-up has surprised many — formerly Australia's most affordable mainland capital, it has recorded some of the nation's strongest growth and buyers can no longer expect the bargains of a few years ago. The north-south divide remains pronounced, with suburbs south of the city like Mitcham, Unley, and Torrens Park trading at roughly double the prices of northern counterparts like Elizabeth and Salisbury, though the north offers stronger rental yields. The defence industry expansion at Osborne, with decades-long submarine and frigate contracts, is creating a sustained employment anchor that supports property demand across the Le Fevre Peninsula and western suburbs in a way that is less cyclical than typical resource-driven markets.