23 Wotuna Terrace, St. George $6,080,000. So, while it may be Adelaide's most expensive home on sale today, considering what's on offer, 488-500 Yatala Vale Road may even be a bit of a bargain imagine what it would be worth if it were located in Sydney or Melbourne. Hackney is also home to a caravan park and other amenities. With five bedrooms, four bathrooms, and a garage for six of the suavest sports cars, it transcends its smug surroundings. The increase in the national house price reflected a sharp rise in Sydney house prices by 1.4% over the February quarter. Pic: supplied. Myer Centre, Adelaide. Where indicated, third parties have written and supplied the content and we are not responsible for it. Houses in Adelaide rent out for $450 PW with an annual rental yield of 3.8% and units rent for $440 PW with a rental yield of 5.6%. Buyer activity in Kurralta Park has doubled in the past 18 months and prices have surged. South Australia Sothebys International Realty, 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. Shortages of rental properties are common across Australia, but there is nowhere quite like Adelaide. Sold properties over 2022 include one in November for $700,000, with the remainder for 2022 either above $2 million, undisclosed, or close enough at $1.85 million. Unsurprisingly, suburbs on the picturesque eastern fringe of the city, such as Toorak Gardens, Rose Park and Leabrook, command some of the highest house prices in Adelaide. 30 Strathmore Ave, Lockleys sold for $2.25 million. Find out which suburbs in Adelaide made the top 10 list in Canstars second annual Rising Stars Australian Property Market Report powered by Hotspotting. *Upfront costs include stamp duty, mortgage registration and transfer fees. City of Port Adelaide Enfield. 2. . Claridge Construction. 6 Farrell St, Glenelg South $3,720,000, 6 Farrell Street, Glenelg South. Unley Park is famous for its unique sandstone and bluestone buildings. Adelaide has some catching up to do. 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg In 2014, Adelaide house prices rose from an average of $477,000 to $486,000, with the southern capital finishing up 2015 at $490,000. London's most expensive house sale lined up after Saudi loan expires. Coming in third on our list of most expensive properties in Brighton, is this six bedroom terraced house in Adelaide Crescent up for sale for offers in excess of 3,000,000. Homebuyers are paying in CASH: Retirees and owners who made a profit selling property in more expensive parts of US are snapping up homes in the Southeast - including Augusta where 72% of deals . 20 Wolseley Road, Point Piper, NSW - $45M. You can also discover the most expensive suburbs for Sydney, Melbourne, Brisbane, and Gold Coast, click on the city to take you there. Rates and product information should be confirmed with the relevant credit provider. For more information, read the credit providers key facts sheet and other applicable loan documentation for that product. Similarly, the most expensive house in Adelaide 2020 was in Henley Beach, again, not on the below list. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. 253 Short Rd, Penfield Gardens sold for $2.325 million. ^Monthly repayments based on a loan amount per the median property price less the applicable deposit amount, the average variable interest rate, and monthly principal & interest repayments made over a total loan term of 30 years. The views, opinions, and positions expressed in this piece are the views of the author(s) alone, and do not necessarily reflect the views of Canstar. The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. Slightly different to median prices, the average asking prices for Adelaide have recently been on a sharp rise, houses going for almost $760,000, with units around $360,000, according to SQM Research data. . 17 Andrew Avenue, Millswood. + 10 more honourable mentions of the best luxury home builders in Adelaide! 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. Sold through Sotheby's South Australia, the A$4.5 million sale price made it one of North Adelaide's most expensive transactions on record. Sponsored or Promoted products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. 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. More on this sophisticated suburb below. St Peters and Unley took out fourth and fifth place, both with medians at just over $1 million. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. What is The Most Expensive House in Adelaide? The sale eclipsed the now third highest sale, historic Glenelg mansion Stormont, which sold for $6.5 million in 2010. It's south border runs along the Adelaide Park Lands, minutes away from the CBD and walking distance to the North Adelaide shops. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Do a Google Image search for the suburb and only mansions turn up. Contact the product issuer directly for a copy of the PDS, TMD and other documentation. 44 Church Terrace was sold on 25 September 2015 for $3,588,000. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Explore our stunning collection today. Please remember, this is a guide only and you should contact the school directly to confirm. With a median house price of $1,009,428, Sydney is the highest priced city in Australia. Another exclusive suburb, Tennyson occupies a thin strip up and down the coast just north of Grange Beach and south of Semaphore Park. 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. Clarendon Homes in Baulkham Hills offers a number of homebuilding services, from knockdown and rebuilds to home designs for granny flats. The rate of sale in Munno Para and Munno Para West has tripled in the past two years. READ MORE: Ciara drops $33.5 million on Colorado mansion. In 2018, the most expensive property in Adelaide was located in Adelaide, 5000, with 2017s most expensive property located in Adelaides Fitzroy, fifth place in Adelaides most expensive suburbs. How Much Does A Conveyancer Cost in Australia? Boasting a design language that blends Romanesque and French Provincial design cues, the two-story dwelling presents as a positively palatial offering, and provides occupants with a scarcely believable 2271-square-metres of internal living space. Local agent Graham Bowie of Sotheby's Realty South Australia says open homes in these areas attract huge numbers. Walford Anglican School for Girls. 1 Houses in Adelaide from $180. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. Also known for pronouncing dance a little differently and for being free settlers, the capital city of South Australia is home to some of the most affordable, accessible, and sublime leafy green suburbs around. 1. Closely following Toorak Gardens is the suburb of Malvern, with a median price of $1.3 million. The rest of the bedrooms even score their own unique names, with monikers like the steel, pewter and silver suite further enhancing the feeling of grandeur. Grant Giordano of South Australia Sotheby's International Realty told WILLIAMS MEDIA the Adelaide property market is a great investment option. 20 Mar 2022. Pic: supplied, 5. Fitzroy sits next to the Adelaide Park Lands, and is also home to numerous 19th century multi-storey mansions. In 2018, Realm's northern penthouse sold for $5.2 million, breaking the record for the most expensive apartment ever sold off the plan in Adelaide. Adelaide's property prices hit a record high in the most recent quarter. But, notwithstanding the staggering price surge the metropolis has witnessed of late, there are seldom homes in 'Radelaide' that tip over the eight-figure mark. Summertown Aristologist in the Patch Marion Bay's Van Bone is one of Australia's most popular destination diners but, even if you do manage to snag a reservation, it's a long way to the east coast of Tasmania. 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. Paula Thompson. Again, this is for the postcode 5137, which also includes Marble Hill. Units are up 4.3% and houses are up 9.1% vs last year. Upstairs, several bedrooms can be found, including the master suite, which appears to have similar proportions to that of a studio apartment. Terry has been a specialist researcher and writer on Australian residential property in a career spanning four decades. 15 Marine Pde, Marino sold for $1.515 million. For more information please see How We Get Paid. Similarly, the most expensive house in Adelaide 2020 was in Henley Beach, again, not on the below list . @paulajothompson. Click here to learn more. 23 Wotuna Terrace, St. George - $6,080,000. Many borrowers will feel mortgage pain when they next refinance. 1. 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. Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. 13. One of Adelaide's priciest and most popular suburbs in which to buy a home, St Peters is nonetheless among its cheapest for share houses. Login. Along with road-free access to the beach, the property has a 30-plus metre frontage. Glen Osmond sits in third place with a median house price just sitting over $1 million. Taking first place is Medindie! The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). Opt Out of personalisation. As seen on Luxury List. Kurralta Park. Experts say that's good news for sellers, but buyers are struggling to get into the market. Weekly asking prices stayed flat for the past 10 years, but have increased to $700,000+. In 2023, Herron Todd Whites (HTW) month in review found that Adelaides finest homes saw numbers rise. The median price for houses in St Peters is $1,760,600. Exclusions, T&Cs apply, Copyright 2023 CANSTAR Pty Limited AR 443019, 10 best suburbs in Adelaide to invest in 2023, Fees & charges apply, Australian Credit Licence 230686, Fees & charges apply, Australian Credit Licence 395219, Thanks for visiting Canstar, Australias biggest financial comparison site*, ubank | Neat Home Loan Owner Occupied P&I 70-80% | Variable, loans.com.au | Smart Booster Home Loan Intro 2 yrs | Variable, Canstars Financial Services and Credit Guide (FSCG), Financial Services and Credit Guide (FSCG). One of those is Victoria's most expensive home, 47 Lansell Road. According to the realestate.com.au, bagging sixth spot is 17 Andrew Ave in Millswood, which sold for a verified $4,050,000 while 10 Porter Street in Parkside, in ninth spot, saw buyers shell out $3,700,000 for the home. I have a granny flat with private bathroom. World . Value for money real estate defines the Adelaide market and this is reflected in our Top 10 selections. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. 5 Scott Creek Rd, Heathfield $4.1 million. Psssssst, you don't have to live in the most expensive house in the world to upgrade your home to look and feel like million bucks. ATHELSTONE, Australia 38 Tom Packer Drive. 165 East Tce, Adelaide sold for $4.75 million. 5 Brookside Rd, Springfield sold for $4.6 million. What is the most expensive house in Adelaide? 8. Luxury real estate in Adelaide, South Australia What you get: . The first ten thousand came by around May 2021, with another price rise coming around July. An Artists Gallery-Like Villa in Ibiza, Spain, Designing a Kids Room With Practicality and Style, Palm Beach Is Still HotJust Take This Property Asking Three Times Its April 2021 Sale Price, Los Angeles Mansion Tied to One of the Citys Wealthiest Families Lists for $64 Million, Lil Wayne Sells Contemporary Miami Beach Home for $22.583 Million, An English Manor Lists for Only the Second Time in Two Centuries. 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