4.0 (26) Timeliness. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. Do a Google Image search for the suburb and only mansions turn up. Houses. Dover Gardens thrives on its proximity to the Flinders University/Flinders Medical Centre precinct, as well as the Tonsley Innovation District and the Westfield Marion shopping centre. The house is located among some of the most elegant homes in the city along a popular promenade, offering a high level of privacy. Over 130 transactions on properties worth over $3 million were recorded across 2022, with 2021 only seeing some 85. 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. DISCLAIMER: The currency conversion is provided for illustration purposes only. Fortunately, the entire team is making its way to Adelaide for an event with the Aristologist team . For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. It's taken six years to build, and now a modern mansion at 9 Robe Tce, Medindie, on 4021sq m is finally finished and tipped to break the state's residential . The house is in a much sought-after residential area and given the high demand and low stock, we are not surprised it sold quickly, and for that amount, Mr Yuan said. Image - Harcourts Pilgrim. A large portion of the suburb is comprised of Hazelwood Park itself, within which sits the George Bolton Swimming Centre. The suburb is situated about four kilometres from the central business district. While Burnside Council now holds the citywide record for top residential sales, Walkervilles 9 Edwin Tce, Gilberton, which sold for $7 million, set the previous record Two-and-a-half years ago. What are the most expensive house sales in Adelaide? All information about performance returns is historical. Walkervile, just four kilometres north east of the Adelaide city centre, was home to the most expensive house sold in Adelaide in 2015. The most expensive house sold in Adelaide in 2021 was located in St George, and while it sits next door to suburbs on the list, including Hazelwood Park and Beaumont, St George, 5064, doesnt feature on the most expensive suburb list. The average rent in Sydney is $600 for houses and $490 for units. Pictured: 23 Coreega Avenue, Springfield. The vacancy rate is 0.3% and rents have risen 15% in the past year. Login. Pic: supplied. A property on Turner Street in Somerton Park, Adelaide, is so badly infested with cats, it's forced two neighbours to sell their homes in the past year alone. This advice is general and has not taken into account your objectives, financial situation or needs. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. The median house price for homes in Ashton is $1,762,000, with weekly asking prices varying wildly between $1 million to $2.5 million. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. Fitzroy sits next to the Adelaide Park Lands, and is also home to numerous 19th century multi-storey mansions. Australia's most expensive house Real estate agent Ken Jacobs describes the incredible character and attributes of the Point Piper estate Fairwater, Australia's most expensive house. Queensland, . This is well above the $2.95 million it was purchased for in May 2004. Magill sits among popular enclaves in the eastern suburbs close to the CBD and has a campus of the University of SA. Compare that with Adelaide where the median is half that of Sydney - prices are down only 1.8 percent from the peak." Like the rest of the nation, the Adelaide property market has experienced strong growth since the pandemic began, albeit much lower prices than Sydney or Melbourne. "Sydney house prices have now fallen by 10.8 per cent from their peak in February 2022. Houses in Adelaide. Property in Vaucluse on average rose by more than 500 per cent between 1991 and 2021, with the median price of a dwelling today costing an eye-watering $8.6 million. Buyer demand in Christies Beach has risen steadily over two years and the median is now nudging $500,000. 1) Fairwater, Point Piper. Data fromCoreLogic have revealed the top five most expensive 'burbs in Adelaide, ranked according to median house price. The suburb is mostly comprised of St Peters College, with a retirement village on the western fringe of the suburb. AN ADELAIDE CBD mansion has hit the market and is tipped to set a new record as the most expensive house sold in South Australia eclipsing the $6.5 million sale of Glenelg's historic . CoreLogics guide to navigating a looming fixed-rate cliff, Lismore flood disaster: one year on but insurance battles ongoing, To-die-for: 5 luxury holiday homes on Sydneys outskirts, that you can now co-own. Factors include supply versus . Historically Adelaide has ticked along and had constant growth, but has never experienced the exponential growth of sister cities in Australia. Asking prices have ben on the up, with a recent high of around $1.3 million. The southern penthouse is currently on the market, marketed by Fox Real Estate's Marina Ormsby. Canstar is a comparison website, not a product issuer, so its important to check any product information directly with the provider. 18 Bellerophon St, Yatala Vale $1.56 million, 16 Northgate St, Unley Park $5.2 million, 9 Edwin Tce, Gilberton sold for $7 million. Serenity Homes. Consider the Product Disclosure Statement (PDS), Target Market Determination (TMD) and other applicable product documentation before making a decision to purchase, acquire, invest in or apply for a financial or credit product. Its also a short drive to the beach. Sold by Sally Cameron of Toop & Toop. 30-34 Hall Street, Semaphore sold for $2.625 million. Greater Sydney dominated the "most expensive" category, with three of the most expensive house markets located in the area. 6 McKinlay Court, Mawson Lakes $2.1 million. Curiously, one of the biggest and most expensive homes to ever be built in America is the West Creek Ranch, located in Gateway, Colorado. As the capital of South Australia, Adelaide has many excellent schools, including several private schools with very high fees. **Rotate your phone to landscape to view the full table**. Sources: Median price, growth and rental yield CoreLogic data sourced from yourinvestmentpropertymag.com.au dated 1 August 2022. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. For more information please see How We Get Paid. Buyers have targeted Adelaide for its relative affordability, higher-than-average yields and good growth prospects. It was sold in excess of $7 million with the true amount not being disclosed. Sponsorship or Promotion fees may be higher than referral fees. 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. Consider the product disclosure statement before making a purchase decision. Contact the product issuer directly for a copy of the PDS, TMD and other documentation. An investigation by Forbes revealed Clarence House is worth an estimated $72 million, while Highgrove is now worth approximately $39 million. It's south border runs along the Adelaide Park Lands, minutes away from the CBD and walking distance to the North Adelaide shops. The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. Unley Park. Into the heart of adelaide. Adelaide's prestige market starts at $3M to $5M but recent sales are breaking records. 19 Statenborough St, Leabrook $8 million. Affordability and proximity to major employment zones are boosting demand, while investors are attracted by the low prices, high yields and low vacancies. Pictured: 145 Hill Street, North Adelaide. Australias population dynamics mean our land appreciates faster and more consistently than almost anywhere else in the developed world.. With a median house price of $1.47 million, Toorak Gardens is officially Adelaide's most expensive suburb, according to new figures from CoreLogic. The number of houses available for sale in Ashton per month has never hit double digits over the past decade, with two exceptions being 11 homes on market in November 2011, and 11 in December 2012. The suburb is located between the Adelaide CBD and the Adelaide Hills, close to Burnside and Beaumont, the latter featuring seventeenth on this list. Canstar is not authorised or registered to provide legal, tax or accounting advice. All property prices are as stated by the listing agent. More on this sophisticated suburb below. The median house price is $2,019,600, with weekly asking prices around $1.3 million, again the weekly asking price includes data from other suburbs under the postcode 5069. Pembroke School. Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. Australia's . Adelaide's most expensive and affordable suburbs to rent in 2022. 4.5 (74) Site Admin. 4.1 (44) Structural . Homes in the suburb of Millswood are seeing a median of around $1.8 million, with weekly asking prices for the affluent suburb floating around $1.1 to $1.2 million. Rates and product information should be confirmed with the relevant credit provider. For of a three-bedroom house in Adelaide's middle suburbs, the median purchase price is around $470,000 and the median . Floors: 18. The median price for Dulwich is $1,796,400, with asking prices around the mid $1.5 millions. 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg, 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg, 12-mills-terrace-north-adelaide-a3931596-82be-4602-abbf-a7f1a8ad0889.jpg, View Grant Giordano's profile on Luxury List, View Graham Bowie's profile on Luxury List, Graham Bowie Sotheby's International Realty South Australia, Grant Giordano South Australia Sothebys International Realty, Jacqui Ilicic South Australia Sothebys International Realty, Property markets perfect storm - Ray White, Brand new Hawthorn East apartments for sale with skyline views - RT Edgar, How fear of failure is causing you to fail, Interconnected Agent Network Overcame State Border Closures, How I made $850,000 before getting out of bed, how you can too. The Jewel Of Hunts Point: private estate fro sale in Bellevue, Washington, USA, $85,000,000. 2. 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