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.
Median House Price
$750,000
Median Unit Price
$450,000
Based on the Adelaide median house price of $750,000 with a 20% deposit ($150,000), a loan of $600,000 at 6.20% over 30 years would cost approximately $3,675 per month in principal and interest repayments. Adjusting your deposit size, interest rate, or loan term significantly changes your monthly commitment — use the calculator above to model different scenarios.
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.