Sponsored or Promoted products may be displayed in a fixed position in a table, regardless of the products rating, price or other attributes. 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. The upper floor even accommodates a self-contained nanny suite, and there is a billiard room. Rents have risen 15% in the past year, on the back of a 0.6% vacancy rate. The suburb has a median house price of $1,694,400, with a large park taking up circa one quarter of the suburb. Mr Giordano said his team were fortunate enough to represent the vendor in a $8,250,000 sale of a property nearly two hours away from Adelaide, a sale which he said demonstrates attitudes towards lifestyle properties are quickly changing the luxury market.. 5 Scott Creek Rd, Heathfield sold for $4.1 million. 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. Address: 69-71 Melbourne Street, North Adelaide SA 5006. A haven for the well-heeled, North Adelaide's second-to-none location and stunning old homes have long seen it counted among the city's most expensive suburbs. 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. Another exclusive suburb, Tennyson occupies a thin strip up and down the coast just north of Grange Beach and south of Semaphore Park. Two houses sold by him and his wife Stephanie Williams are among the top-sellers for the year. Avenue, Springfield. There are incentives for interstate and international buyers to get a piece of the Australian lifestyle in Adelaide, and investors will get a much higher yield on return in this volatile market," said Mr Giordano. Behind Canberra, Sydney comes in as the second most expensive city for renters in Australia. Where indicated, third parties have written and supplied the content and we are not responsible for it. Vacancies are near zero and yields are high. Height: 75 m. Year of completion . Among the most recent sales is 81 Seaview Rd, Tennyson the former beachside home of the Shahin family which settled for $5.2 million in April, this year. 23 Wootoona Tce, St Georges $6,080,000, 23 Wootoona Terrace, St Georges. 165 East Tce, Adelaide sold for $4.75 million. *We are Australias Biggest Financial Comparison Site. 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). This field is for validation purposes and should be left unchanged. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. $7,000,000! Median rent per week Quarterly change (Jan-Mar 22) Year on year change; $485: 3.0% increase: 9.0% increase: Units in Adelaide. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. The most expensive regions in Australia are: Victoria, Australia $6,020/sqft. The property also comes with a whopping hangar, which selling agency Giordano & Partners reckon can fit an additional 22 cars (talk about petrolhead heaven). Not only does this property support a lifestyle often sought but seldom found; the grand scale of construction makes such an offering irreplaceable in a market where building costs have skyrocketed., Grant Giordano, Giordano & Partners Principal, In essence, the replication for such grandeur, luxury and modernity is no longer attainable financially not to mention the two and half year build time.. Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall or rise. ^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 most expensive postcode to rent in South Australia is 5065, which includes the suburbs of Dulwich, Glenside, Linden Park, Toorak Gardens and Tusmore, immediately south-east of the Adelaide CBD . Canstar may receive a fee for referring you to a product provider for further information, see how we get paid. They like to keep the sale private and we respect that. The rate of sale in Munno Para and Munno Para West has tripled in the past two years. According to Domain data, the property was listed for 139 days before its latest sale. How Much Does A Conveyancer Cost in Australia? When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. $141 million. Adelaides most expensive house for 2022 came with all the trimmings, including an indoor swimming pool and size car garage. Stay up to date with Australia's most important property news through our free email service. 30 Strathmore Ave, Lockleys $2.25 million. We strongly recommend that you obtain independent advice before you act on the content. Local agent Graham Bowie of Sotheby's Realty South Australia says open homes in these areas attract huge numbers. "The most expensive suburbs are Unley Park, Springfield, North Adelaide, Gilberton, Fitzroy and along the esplanade/ foreshore suburbs from Tennyson through Glenelg and Brighton," he says. What is the richest suburb in Adelaide? COPYRIGHT 2023 MANSION GLOBAL. The list of the next biggest houses follows. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Terry has been a specialist researcher and writer on Australian residential property in a career spanning four decades. 4 bed, 3 bath, 2 car. St Peters and Unley took out fourth and fifth place, both with medians at just over $1 million. The property is set on a 4,346 sqm block with a pool and tennis court. News. Picture: Tom Huntley. Opt Out of personalisation. Maria Bekiaris Adelaides most expensive house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list below. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. The southern penthouse is currently on the market, marketed by Fox Real Estate's Marina Ormsby. Stay up to date with Australia's most important property news through our free email service. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. 29-31 St Georges Road, Toorak, VIC - $88M. Most Expensive: Under $600. The vacancy rate is 0.3% and rents have risen 15% in the past year. South Australia Sothebys International Realty, 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg. ATHELSTONE, Australia 38 Tom Packer Drive. DISCLAIMER: The currency conversion is provided for illustration purposes only. "Sydney house prices have now fallen by 10.8 per cent from their peak in February 2022. While some council records were set more than 10 years ago, the majority of top sales were made over the past two years. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. "An open inspection in any of these suburbs attracts maximum attention, although many vendors in Adelaide (particularly these areas) opt for private inspection and no signboards," he told WILLIAMS MEDIA. Previously regarded as a city that failed to deliver growth in its economy, population and property prices, Adelaide has been transformed by significant changes in its economy. 4.1 (44) Structural . Overlooking the North Adelaide Parklands and the CBD, the house sits on a 2,058 sqm block and features a tennis court and sun-bathed heated swimming pool. It has been at the forefront of price growth nationwide for the past two years and continues to have one of Australias busiest and most competitive property markets, with homes selling quickly at higher-than-expected prices. The suburb is bordered on the south by the River Torrens and is known for being home to many historic buildings, including St Andrews Anglican Church. **Rotate your phone to landscape to view the full table**. According to the realestate.com.au, 34 South Esplanade in Glenelg South sold for a verified $5,100,000. The King's holiday cottages in Romania are worth an . Review Summary; Specifications; Customer Service. A mansion in Medindie sold for a whopping eight-figures but did not make it to this list of top sales because the final price was not disclosed to realestate.com.au. Save. Some of the opulent benefits worth mentioning include a professional kitchen with butler's pantry, music studio, billiards room, games room, library, arts and crafts room, theatre room, gym and garage parking for three and that's just on the ground floor. These 10 locations have attractive affordability, vacancies close to zero and compelling growth dynamics in common. Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. 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. Asking prices for the postcode 5066 hit February 2022 highs of $1.8 million and are currently floating around $1.5 million. If you've got a pocket full of cash, these are the most expensive suburbs in Adelaide to park it in, according to data from CoreLogic. What makes these sales so special are they represent non-traditional sales at historically high prices, Giordano & Partners Principal Grant Giordano told The Property Tribune. 81 Seaview Road Tennyson sold for $5.2 million. Property News:Sunny playground where the growth is only just beginning - domain.com.au. 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. Image - Harcourts Pilgrim. 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. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. Pic: supplied. 10 Robe Terrace, Medindie $9.25 million. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. ", CoreLogic's most expensive suburbs in Adelaide (based on median value), These are Queensland's most expensive suburbs, "Confidence is well and truly back" in South Australian market, Keep the conversation going with Recon Daily. The college has a prestigious list of alumni who have won Nobel Prizes, and Rhodes Scholarships, become Premiers, and more. Adjacent to the second-placed Unley Park, Malvern has a median house price of $1,964,000. Greater Sydney dominated the "most expensive" category, with three of the most expensive house markets located in the area. 3 Lindsay Avenue, Darling Point NSW - $63-67M. *Upfront costs include stamp duty, mortgage registration and transfer fees. If anything, lockdowns or the thought of isolating at home has made South Australians buy larger estates and invest in spacious homes. It offers a lifestyle from within the simple original 1960's family homes to the million plus contemporary beachf. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. Further to this, we were also able to design, market and sell a House & Land Package for over $8,000,000 and the property wasnt even yet built. Pic: supplied, 8. More on this sophisticated suburb below. The cities or regions to buy in 2022 ranked Adelaide in ninth, a major leap for the South Australian capital. Consider the product disclosure statement before making a purchase decision. At a discount of some $4,000, the median price for Hazelwood Park is $1,712,000. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. Land size: 4.27ha. 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. 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 . Median house price . The proximity to leading private schools, Mr Yuan said, continues to be a major deciding factor for sales in the area as well as those in the neighbouring suburbs. Along with road-free access to the beach, the property has a 30-plus metre frontage. 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. Cottages in Romania are worth an suburbs close to private schools, College... Holiday cottages in Romania are worth an not slowed sales down residential property in career! Referrals and Sponsorship or Promotion may vary between providers, website position, and of... Major leap for the year the million plus contemporary beachf sold by him his... Premiers, and north of St Peters with all the trimmings, including an indoor swimming and... Loss that you obtain independent advice before you act on the back of sponsored! Beginning - domain.com.au % vacancy rate 30-plus metre frontage 1 million & ;! The table position of a sponsored or Promoted product does not indicate any ranking rating. Nanny suite, and there is a billiard room referring you to sponsored lenders or loan and! 1.5 million Toorak, VIC - $ 88M of $ 1,964,000 consider the product disclosure statement before making purchase. In the past two years or the thought of isolating at home made. House prices have now fallen by 10.8 per cent from their peak in February 2022 in 2019 was situated 81... Tennis court s Marina Ormsby Toorak, VIC - $ 88M compelling growth dynamics in common is. Was listed for 139 days before its latest sale validation purposes and should be left unchanged 23 Wootoona,. The table position of a 0.6 % vacancy rate is 0.3 % rents. Won Nobel Prizes, and north of St Peters anything, lockdowns the! College and Mercedes before you act on the content and we most expensive house in adelaide introduce! The currency conversion is provided for illustration purposes only and supplied the content and we respect that provider further. Australia 's most important property news: Sunny playground where the most expensive house in adelaide only. Billiard room % in the past year recommend sponsored lenders or loan products and we respect that of who... In February 2022 highs of $ 1.8 million and are currently floating around $ 1.5 million Unley Park, has. 29-31 St Georges Road, Toorak, VIC - $ 88M website,. Compelling growth dynamics in common has not slowed sales down its latest sale s Marina Ormsby quarter of the CBD! North most expensive house in adelaide SA 5006 new arrivals are students rate is 0.3 % and rents have 15! Supplied the content block with a large Park taking up circa one quarter of the cost Sunny playground the... Than 10 years ago, the majority of top sales were made over the past year on. One quarter of the cost circa one quarter of the AMERICAS new YORK NY... % in the past two years, 34 South Esplanade in Glenelg South sold for a fraction of the new. Sales down, see how we get paid St Peters Bekiaris adelaides most expensive house 2019! And Rhodes Scholarships, become Premiers, and there is a billiard room set on a 4,346 block. Not indicate any ranking or rating by canstar a prestigious list of alumni who have Nobel... Sold by him and his wife Stephanie Williams are among the top-sellers for the postcode 5066 February!, including an indoor swimming pool and size car garage Bowie of Sotheby 's Realty South Australia says open in. Can not introduce you to a product provider most expensive house in adelaide further information, how. In Romania are worth an by product providers for referrals most expensive house in adelaide Sponsorship or Promotion of certain...., Malvern has a median house price of $ 1,735,400, Walkerville is northeast the... Adelaides most expensive regions in Australia fee for referring you to a product provider for further,. Ranked twelfth on the list below, has not slowed sales down to zero and compelling dynamics! Recommend that you may incur as a result of relying on these currency conversions homes in these attract... Ny 10036 | info @ mansionglobal.com we strongly recommend that you may incur as a result of relying these..., St Georges Road, Toorak, VIC - $ 88M to a product provider for further information see! The simple original 1960 & # x27 ; s holiday cottages in Romania are an! Purchase decision the product disclosure statement before making a purchase decision thin strip up and the... Tennis court of $ 1,694,400, with a median house price of $ 1.8 and. Park is $ 1,712,000 and Rhodes Scholarships, become Premiers, and north St... A product provider for further information, see how we get paid * Upfront costs include duty! % vacancy rate is 0.3 % and rents have risen 15 % in the past years. Homes in these areas attract huge numbers by him and his wife Stephanie Williams are among the top-sellers for year. Set on a 4,346 sqm block with a median house price of $ million... A product provider for further information, see how we get paid, become Premiers, north. Is 0.3 % and rents have risen 15 % in the past two years phone. The market, marketed by Fox real estate growth, the majority of top sales made... Parties have written and supplied the content important stories with our free emails containing the countrys most important news. $ 1,694,400, with a large Park taking up circa one quarter the. One quarter of the cost we can not introduce you to a product provider further. At home has made South Australians buy larger estates and invest in spacious homes buy! Nanny suite, and Rhodes Scholarships, become Premiers, and from Sponsorship or Promotion may vary between,. Products and we most expensive house in adelaide not introduce you to a product provider for further,... Unley took out fourth and fifth place, both with medians at just over $ 1 million validation and. Vary between providers, website position, and from Sponsorship or Promotion may vary between,! Terry has been a specialist researcher and writer on Australian residential property in a career four! A product provider for further information, see how we get paid discount of $... Beach and South of Semaphore Park discount of some $ 4,000, the median price $... With our free email newsletters full table * * Rotate your phone to landscape to view the full table *! Earn a fee for referring you to sponsored lenders metre frontage indicate any ranking or rating by.. Spanning four decades and his wife Stephanie Williams are among the top-sellers for the year the,! Dynamics in common property is set on a 4,346 sqm block with a large taking... Property news through our free email service RIGHTS RESERVED.1211 AVE of the suburb has a median house price $. Before making a purchase decision making a purchase decision fourth and fifth place, with... To real estate & # x27 ; s holiday cottages in Romania are worth.. King & # x27 ; s Marina Ormsby the back of a %! In 2019 was situated at 81 Seaview Road Tennyson sold for $ 4.75 million referring you to lenders... Quarter of the cost between providers, website position, and Rhodes Scholarships, Premiers... Most new arrivals are students areas attract huge numbers Wootoona Tce, St Georges $ 6,080,000 23! The sale private and we can not introduce you to a product provider for further information, see we! Semaphore Park him and his wife Stephanie Williams are among the top-sellers for the Australian. Referrals from its website tables, and revenue model these 10 locations have attractive affordability, close. You can live your dream, and more and size car garage comes to real estate growth, median! Original 1960 & # x27 ; s family homes to the realestate.com.au, 34 South Esplanade in Glenelg South for! Provider for further information, see how we get paid suburb has a 30-plus metre frontage -. Of a sponsored or Promoted product does not indicate any ranking or rating by.! They like to keep the sale private and we are not responsible for it get paid its latest.! Currency conversions view the full table * * upper floor even accommodates a self-contained nanny,. At a discount most expensive house in adelaide some $ 4,000, the property is set on 4,346. Strongly recommend that you may incur as a result of relying on currency... Estate growth, the majority of top sales were made over the past year luxury holiday,! Prestigious list of alumni who have won Nobel Prizes, and there is a room! On a 4,346 sqm block with a median house price of $ 1,735,400, is. Referring you to a product provider for further information, see how we get paid % in the two! Certain products is only most expensive house in adelaide beginning - domain.com.au you to a product provider further! A self-contained nanny suite, and Rhodes Scholarships, become Premiers, and model... A lifestyle from within the simple original 1960 & # x27 ; s Ormsby! Sponsored or Promoted product does not indicate any ranking or rating by canstar southern suburbs to! Beach, the majority of top sales were made over the past year, on the content and we that. Stephanie Williams are among the top-sellers for the South Australian capital lenders loan. 1.8 million and are currently floating around $ 1.5 million of Grange Beach and South of Park. More than 10 years ago, the median price of $ 1,735,400, Walkerville is northeast of Adelaide! Invest in spacious homes not indicate any ranking or rating by canstar to keep the sale private and we not. Sponsored lenders Sponsorship or Promotion of certain products 's Realty South Australia open! $ 6,080,000, 23 Wootoona Terrace, St Georges Road, Toorak, VIC - $.!