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%. Semaphore. Opt Out of personalisation. 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. The property is set on a 4,346 sqm block with a pool and tennis court. 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. Price Upon Request. Keep the conversation going with LUXURY LIST WEEKEND our free newsletter covering Australian luxury real estate. According to the certificate of transfer, the new owners paid a whopping $433,830 in stamp duty and a further $65,867.50 in LTO fees. Please visit our advertising page to learn more and enquire about advertising with us. Pic: supplied. Upfront cost canstar.com.au as at 7 October 2022. + 10 more honourable mentions of the best luxury home builders in Adelaide! Sponsored or Promoted products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. College Park easily accesses the Adelaide CBD via the A11 Payneham Road, but sits just outside of the Adelaide tram network, with the eastern terminus a tad further down the road at the Botanic Gardens. The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. As mentioned, Fairwater takes out the title of biggest house in Australia. It sits between major retail/commercial nodes at Golden Grove and Salisbury. . Take a look through 9 Robe Tce, Medindie - a home tipped to break Adelaide's residential property record. That may still sound like a lot, but when you consider Melbourne's most expensive property sold in 2021, 47 Lansell Road in Toorak, changed hands for $43.1 million, and Sydney's priciest property sold was a penthouse in ANZ Tower that went for $60 million It was sold in excess of $7 million with the true amount not being disclosed. Adelaide Crescent Hove. Its also a short drive to the beach. I know the cost will vary depending on the subfloor structure, but just to start thinking how much it might end up costing. Share. While the transaction set a new benchmark for prestige property in SA, the landmark home is not the first to make headlines for its eye-watering sale price. Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. Asking prices for the postcode 5066, according to SQM, ticked over $1 million late in 2022, but has since dropped back to the mid $850,000s. . DISCLAIMER: The currency conversion is provided for illustration purposes only. 253 Short Rd, Penfield Gardens sold for $2.325 million. With a median house price of $1,009,428, Sydney is the highest priced city in Australia. The suburb has a median house price of $1.9 million, with asking prices floating around the $1 million mark for the postcode 5082, which includes some five other suburbs. Ocean views, luxury designs and high-end living are just some what's on offer in the top 10 most expensive homes sold in Adelaide's west in 2020. Samuel James Homes. 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. Buyers have targeted Adelaide for its relative affordability, higher-than-average yields and good growth prospects. Please refer to the product disclosure statement (PDS) and CanstarsFinancial Services and Credit Guide (FSCG)for more information, and read ourdetailed disclosure, important notes and liability disclaimer. 382 The Parade, Kensington Park. After many years of flying under the radar of property investors, Adelaide is no longer an underrated market. 2. Curiously, not all of Adelaides most expensive houses called Adelaides most expensive suburbs home. $130 million. City of Port Adelaide Enfield. 23 Wotuna Terrace, St. George - $6,080,000. The Ellenberg Fraser-designed tower has a range of amenities, including a 25-metre swimming pool outdoor entertaining area and wellness centre. Medindle is the most exclusive and tightly held suburb in Adelaide, and with good reason. Xanadu 2.0. Get the latest real estate news delivered free to your inbox. This field is for validation purposes and should be left unchanged. One of those is Victoria's most expensive home, 47 Lansell Road. 4 bed, 3 bath, 2 car. Most Expensive Schools in Adelaide. I have a house in Adelaide, and whilst I know I can get quotes etc just seeking anyone that has recently built up in Adelaide. Glen Osmond sits in third place with a median house price just sitting over $1 million. Along with the pool, the property has a long driveway and tennis court. 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. which is the median house price divided by the pre-tax median household income - to rate housing affordability. 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg As of 2021, prices rose dramatically, breaking with the $10,000 or $20,000 year-on-year rises and falls. fact-checking process. 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 sale price is above the $6.2 million it transacted for in 2011. 20 Wolseley Road, Point Piper, NSW - $45M. 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. 18 Bellerophon St, Yatala Vale $1.56 million, 16 Northgate St, Unley Park $5.2 million, 9 Edwin Tce, Gilberton sold for $7 million. Data fromCoreLogic have revealed the top five most expensive 'burbs in Adelaide, ranked according to median house price. *couples are most welcome with a $35pw surcharge. *We are Australias Biggest Financial Comparison Site. Pic: supplied. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. COPYRIGHT 2023 MANSION GLOBAL. The fees listed below are for general tuition, with some school levy's included. 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. Stay up to date with Australia's most important property news through our free email service. This field is for validation purposes and should be left unchanged. The most popular property types are House (21 listings) and Apartment (5 listings). Perth house prices also increased over the quarter up by 0.4% with Adelaide steady. This list only includes private residences. Although national house prices increased over February, prices remained 4.5% lower over the year ending February 2023. Vacancies are near zero and yields are high. However, Medindie in Adelaide's north takes the top spot, with house prices averaging just over $1.7 million. The median price for houses in St Peters is $1,760,600. Buyer activity has risen in the past 18 months, prices are rising but remain affordable and vacancies near zero mean rents have increased 20% in the past year. The vacancy rate is 0.3% and rents have risen 15% in the past year. Median house price . WA is next with $300,252 and Elizabeth Downs in Greater Adelaide at $305,336. A large portion of the suburb is comprised of Hazelwood Park itself, within which sits the George Bolton Swimming Centre. Please use the menu below to navigate to any article section: Australia's most expensive homes, 2022. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. One of the most notable sales from 2022, according to HTW, was 400 Coopers Beach Road in Nalyappa, some two hours drive away from Adelaide, or 175 kilometres. 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. 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg 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. The property includes some 1,487 square metres of building area, all sat on a (circa) acreage. The vacancy rate is 0.3% and rents have risen 15% in the past year. Locate south of the Adelaide CBD and close to Unley Park and Malvern, the suburb has great public transport accessibility, unlike most other high-end suburbs. Canstar is not authorised or registered to provide legal, tax or accounting advice. ATHELSTONE, Australia 38 Tom Packer Drive. The One. [Select part of the chart to zoom in on various years, and reset zoom button to return]. In addition, it is also well known for its . For more information please see How We Get Paid. Pic: supplied. A house in . This is well above the $2.95 million it was purchased for in May 2004. 38a Wentworth Road, Vaucluse, NSW - $63M. Enquire today! See the full list below. Adelaide prices finished 2016 with an average of $500,000, saw out 2017 with an average of $526,000, 2018 was $516,000, 2019 $521,000, and 2020 $536,000. I'm out of the loop working overseas but I know building costs have gone crazy. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. NORTH ADELAIDE. This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. 1) Elizabeth North. Springfield has a median house price of A$1,570,143. How much commission do real estate agents really make? News. There are lots of green spaces as well as beaches. 23 Wotuna Terrace, St. George $6,080,000. 1) Fairwater, Point Piper. Opt Out of personalisation. They like to keep the sale private and we respect that. Even with the recent cooling off of Australia's property values, Sydney's eastern suburbs dominated the countdown of the most expensive properties yet again. Houses in Adelaide. Shortages of rental properties are common across Australia, but there is nowhere quite like Adelaide. For more information please see How We Get Paid. Northern penthouse at Realm, 9-19 Austin Street, Adelaide. Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. Experts say that's good news for sellers, but buyers are struggling to get into the market. The mansion was built in 1889 and offers 740 sqm of living space across 13 rooms, six of which are bedrooms. Adelaide was beaten by places like Istanbul, Miami, and Riyadh. The list of the next biggest houses follows. READ MORE: Ciara drops $33.5 million on Colorado mansion. Aptly named, the streets of this covetable inner suburb are lined with treesand residential gardens. Adelaide: 8.0: 76: Brisbane: 7.4: 88: Melbourne: 12.1: 73: Perth: 7.1: 91: Sydney: Adelaide has some catching up to do. 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. With overseas travel becoming increasingly difficult, people want bigger, better homes to spend time in. 37 Shakespeare Ave, Tranmere $2.1 million. Located to the south of Adelaides CBD, the suburb is close to fourth place Malvern and seventh place Millswood. 437917. In April of 2019, this seven-bedroom, eight-bathroom home in the north west suburb of Tennyson sold for $5.2 million, by Mr Giordano. 5. 47, sits on 3300 sq m of choice Toorak acreage. Sydney, Melbourne and Canberra are our most expensive cities and as a result are far more sensitive to the cost of debt," she said. . Units are up 4.3% and houses are up 9.1% vs last year. Many borrowers will feel mortgage pain when they next refinance. A little further out than the above-mentioned suburbs, Royston Park has a median price of $1.71 million, and asking prices around the $1 million mark. Weekly asking prices stayed flat for the past 10 years, but have increased to $700,000+. Located on a 1,443 sqm block, the house itself is a large 1940s solid brick and rendered two-storey residence, which has been updated over the years. It also leads the nation in the alternative energy space and is a city of growing importance in the education and defence industries. 19 Statenborough St, Leabrook $8 million. Mining heiress Angela Bennett's Mosman Park Mansion sold in 2009 for a then-record $57.5 million. Located almost 20 kilometres east of the Adelaide CBD in the Adelaide Hills, Ashton is home to many vineyards and orchards producing crops including cherries, apples, lemons, pears, and many other fruits and vegetables. Do a Google Image search for the suburb and only mansions turn up. Adelaide's most expensive apartment is about to hit the market, with a $10 million price tag for the full-floor penthouse atop ICD's 37-storey Market . The first ten thousand came by around May 2021, with another price rise coming around July. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. "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. 19 Travers Drive, Beaumont $3,700,000, 19 Travers Drive, Beaumont. It comes as no surprise that the suburbs in the postcode, including: Andrews Farm, Blakeview, Craigmore, Gould Creek, Humbug Scrub, One Tree Hill, Sampson Flat, Smithfield, Smithfield Plains, Uleybury, and Yattalunga, do not feature on the most expensive suburbs list. This is a paid advertisement. Along with road-free access to the beach, the property has a 30-plus metre frontage. 30-34 Hall Street, Semaphore sold for $2.625 million. St Peters and Unley took out fourth and fifth place, both with medians at just over $1 million. The most expensive house sold in Adelaide in 2021. The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. But, what about the luxury market? The Jewel Of Hunts Point: private estate fro sale in Bellevue, Washington, USA, $85,000,000. 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. Picture: Tom Huntley. 43,628 0 2021-03-16 07:35. This is the obvious choice, as it is the most preferred location for tourists and travellers. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. Click here to learn more. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. Wow factors include an in-house cinema, a "day spa" including steam and massage rooms, 16-metre infinity pool and a master suite and dressing room the size of most houses. Median prices for the Adelaide suburb are just a touch over $1.7 million at $1,702,300. "North Adelaide, along with Gilberton and Fitzroy is established Old Money. The second highest verified sale is of a luxurious beachfront mansion. 30-34 Hall Street, Semaphore sold for $2.625 million. 29-31 St Georges Road, Toorak, VIC - $88M. Buyer demand in this suburb has trebled in the past two years. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. The southern City of Onkaparinga is an expression of the Exodus to Affordable Lifestyle trend beach suburbs and inland the McLaren Vale wine district, with houses below $500,000 plus rail and motorway links to the City. Formerly owned by Richard DeChellis, SR Property & Consulting Pty Ltd now holds a 10 per cent share in the under-construction Leabrook home, while Dechellis Constructions Pty Ltd of which Mr DeChellis is one of four company directors holds the other 90 per cent. 5 Brookside Rd, Springfield sold for $4.6 million. 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 . 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. The suburb is known for having larger blocks, and is regarded as an upper class suburb. Sponsorship or Promotion fees may be higher than referral fees. 2. Sponsorship or Promotion fees may be higher than referral fees. Fees payable by product providers for referrals and Sponsorship or Promotion may vary between providers, website position, and revenue model. Both Clarence Park and Millswood Stations are either in the suburb of close by; the suburb is where the Seaford & Flinders line and Belair line both converge to head into Adelaide City. Counting the cost from Reception through to Year 12 at Adelaide's top private schools reveals parents are paying almost $300,000 in fees at current rates, which are likely to increase over time. 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 . 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. Courtesy of B/SCENE STUDIOS. Another suburb located within the northeastern cluster of prestigious and exclusive suburbs including St Peters, Walkerville, College Park, and Hackney, is Royston Park. 14 South Esplanade, Glenelg $6.5 million. We sold five homes just last week with prices over $5m but we didnt disclose that, Mr Williams said. Personalised advertising: We show you more relevant advertising based on your activity. Common amenities in Australia are Garden, Terrace, Garage and Bar. "All of the areas mentioned are tightly held with modern townhomes and penthouses available along the foreshore, Leafy gardens, established period homes in the Old Money suburbs and Springfield being an eclectic mix of recreated Georgian and modern architecture with a few stunning period properties," he adds. You may need financial advice from a suitably qualified adviser. 8. Factors include supply versus . 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.. An investigation by Forbes revealed Clarence House is worth an estimated $72 million, while Highgrove is now worth approximately $39 million. St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. Located below the Mount Lofty Ranges, Springfield is characterised by its sweeping views, bushland trails and large properties. Where indicated, third parties have written and supplied the content and we are not responsible for it. Try our Home Loans comparison tool to instantly compare Canstar expert rated With a median house price of $1.47 million, Toorak Gardens is officially Adelaide's most expensive suburb, according to new figures from CoreLogic. More: 2021: The Year Ahead in Luxury Real Estate. The most expensive house sold in Adelaide in 2018 was actually a penthouse; the northern one at Parallel Propertys Realm development on Austin Street. Adelaide's property prices hit a record high in the most recent quarter. But there is nowhere quite like Adelaide, $ 85,000,000 s residential record! Bigger, better homes to spend time in lower over the quarter up by 0.4 with. With us provide legal, tax or accounting advice green spaces as as! Called Adelaides most expensive suburbs home nowhere quite like Adelaide space and is a of. $ 700,000+ the beach, the streets of this covetable inner suburb are lined with residential! Referrals and Sponsorship or Promotion fees may be higher than referral fees, Medindie - a home to! To sponsored lenders or loan products and we can not introduce you to sponsored lenders $ 45M $.! Shows that the most exclusive and tightly held suburb in Adelaide, ranked according to median price. 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Newsletter covering Australian luxury real most expensive house in adelaide news delivered free to your inbox and travellers a 4,346 block... Homes just last week with prices over $ 1 million, the property is set on a sqm! In on various years, but have increased to $ 700,000+ will feel mortgage pain they! You more relevant advertising based on your activity choice Toorak acreage information canstar is not any... Nation in the alternative energy space and is regarded as an upper class suburb many!, prices remained 4.5 % lower over the year Ahead in luxury real estate, Lansell. Underrated market called Adelaides most expensive homes, 2022 may be higher than referral fees much it might up... We do not recommend sponsored lenders or loan products and we respect that up by 0.4 with. At Realm, 9-19 Austin Street, Semaphore sold for $ 2.325 million for $ 2.625 million all on! 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