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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.

Using the site's indicative Adelaide house-price scenario of $750,000, stamp duty is approximately $35,080 for a standard residential purchase. Rates vary by buyer type. First home buyers in South Australia may qualify for concessions or exemptions below certain thresholds. Enter the actual purchase price and your circumstances above for a more relevant estimate, then check the result with the state revenue office.

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.

Adelaide Suburb Prices

SuburbMedian HouseMedian UnitProfile
Burnside$1,500,000$550,000View
Unley$1,300,000$450,000View
Norwood$1,200,000$480,000View
Glenelg$1,100,000$450,000View
Prospect$950,000$420,000View