Revealed: Adelaide’s rising suburbs for price growth and sales – Daily News

启运配资炒股10倍 Daily News

Rising inflation and increase in cash rates has not slowed down Adelaide’s buoyant property market with a new report revealing 123 suburbs that are now considered as ‘rising’ markets.

The winter edition of Hotspotting’s Price Predictor Index report analysed sales data across Adelaide’s metropolitan area to determine where property prices are likely to rise or remain consistent.

Prior to 2021, the report noted, the average number of rising suburbs in Adelaide in the quarterly reports was 55, so the current market was more than double the city’s average performance.

Adelaide is a nation-leading growth market said report author and Hotspotting founder Terry Ryder. Pic: supplied.


According to the report, 68 per cent of Adelaide’s suburbs have also recorded median house prices rise more than 5 per cent in the recent quarter.

Report author and Hotspotting founder Terry Ryder said Adelaide remains a nation-leading growth market, both in terms of sales activity and price performance.

“Australian investors and buyers have discovered Adelaide at long last,” Mr Ryder said.

“It’s a great lifestyle city and it is particularly affordable for buyers coming out of Sydney and Melbourne.

“I think price growth is far from peaking in Adelaide. A strong economy is going to pump it further.”

The report has listed nine municipalities with seven or more rising suburbs, led by Onkaparinga (14 rising suburbs), Port Adelaide Enfield (12), Tea Tree Gully (12), Playford (12) and Salisbury (11).

The suburbs in Adelaide’s far south include suburbs like Aberfoyle Park, Aldinga Beach, Christies Downs, Christies Beach, Coromandel Valley, Flagstaff Hill, Hackham, Happy Valley, McLaren Vale, Morphett Vale and Noarlunga Downs.

ADELAIDEÕS RISING SUBURBS

Michelle Molloy (left), and her daughter Nelly, 15, oustide the home they have bought in Christies Beach. Picture: Dean Martin.


Timms Real Estate agent Jason Mills who specialises in the Onkaparinga area said inquiries for properties were “overhwleming” especially from interstate buyers.

“Of the total inquiries, nearly two-thirds are from interstate investors which is increasing competition in the local market,” Mr Mills said.

“Suburbs like Morphett Vale, Christies Beach and O’Sullivan Beach have not only recorded elevated sales activity but price growth as well.

“Traditionally slower markets like Morphett Vale, for example, has seen price growth beyond our expectations.”

Proximity to the coast and affordable pricing are also attracting buyers to the southern LGA, especially those priced out of other Adelaide suburbs.

Single mum Michelle Molloy, who has two teenage children, had been looking for a family home for a while.

“I had shifted to my mother’s home in Port Noarlunga and really liked the area. I was looking at neighbouring suburbs, so when this home came up in Christies Beach, I jumped at the opportunity,” Ms Molloy said.

The report also noted that across regional SA, most of the towns in the LGAs of Victor Harbor and Alexandrina, south of Adelaide, were rising markets.

ADELAIDE’S RISING SUBURBS

(Suburb, LGA, property type, median price)

Aberfoyle Park, Onkaparinga, House, $540,000

Adelaide, Adelaide, House, $750,000

Adelaide, Adelaide, Unit, $420,000

Aldinga Beach, Onkaparinga, House, $460,000

Aldinga Beach, Onkaparinga, Unit, $360,000

Andrews Farm, Playford, House, $330,000

Ascot Park, Marion, House, $555,000

Athelstone, Campbelltown, House, $650,000

Beaumont, Burnside, House, $1,480,000

Beulah Park, Burnside, House, $1,200,000

Birkenhead, Port Adelaide Enfield, House, $550,000

Blackwood, Mitcham, House, $715,000

Blakeview, Playford, House, $385,000

Brahma Lodge, Salisbury, House, $350,000

Brighton, Holdfast Bay, House, $1,125,000

Brighton, Holdfast Bay, Unit, $500,000

Brompton, Charles Sturt, Unit, $460,000

Brooklyn Park, West Torrens, House, $685,000

Burnside, Burnside, House, $1,225,000

Camden Park, West Torrens, House, $715,000

Camden Park, West Torrens, Unit, $275,000

Christie Downs, Onkaparinga, House, $365,000

Christies Beach, Onkaparinga, House, $450,000

Clarence Park, Unley, House, $965,000

Clarence Park, Unley, Unit, $385,000

Clearview, Port Adelaide Enfield, House, $515,000

Colonel Light Gardens, Mitcham, House, $1,040,000

Craigmore, Playford, House, $350,000

Davoren Park, Playford, House, $230,000

Dover Gardens, Marion, House, $585,000

Eden Hills, Mitcham, House, $720,000

Edwardstown, Marion, House, $610,000

Elizabeth Downs, Playford, House, $245,000

Elizabeth East, Playford, House, $285,000

Elizabeth Grove, Playford, House, $235,000

Elizabeth North, Playford, House, $210,000

Elizabeth Park, Playford, House, $265,000

Elizabeth Vale, Playford, House, $300,000

Evanston Park, Gawler, House, $410,000

Fairview Park, Tea Tree Gully, House, $510,000

Ferryden Park, Port Adelaide, Enfield, House, $550,000

Flagstaff Hill, Onkaparinga, House, $655,000

Fulham, West Torrens, House, $875,000

Fulham Gardens, Charles Sturt, House, $875,000

Fulham Gardens, Charles Sturt, Unit, $420,000

Gawler South, Gawler, House, $365,000

Gilles Plains, Tea Tree Gully, House, $500,000

Glenalta, Mitcham, House, $730,000

Glenelg, Holdfast Bay, Unit, $525,000

Glenelg East, Holdfast Bay, House, $1,100,000

Glenelg North, Holdfast Bay, House, $880,000

Glenelg North, Holdfast Bay, Unit, $410,000

Glenelg South, Holdfast Bay, Unit, $420,000

Glenunga, Burnside, House, $1,400,000

Golden Grove, Tea Tree Gully, House, $615,000

Goodwood, Unley, House, $1,320,000

Grange, Charles Sturt, House, $950,000

Greenwith, Tea Tree Gully, House, $535,000

Hackham, Onkaparinga, House, $390,000

Hahndorf, Mount Barker, House, $750,000

Hallett Cove, Marion, House, $625,000

Happy Valley, Onkaparinga, House, $520,000

Hectorville, Campbelltown, House, $655,000

Henley Beach, Charles Sturt, House, $1,210,000

Henley Beach, Charles Sturt, Unit, $525,000

Highbury, Tea Tree Gully, House, $615,000

Holden Hill, Tea Tree Gully, House, $510,000

Hope Valley, Tea Tree Gully, House, $510,000

Kensington Gardens, Burnside, House, $1,210,000

Kensington Park, Burnside, House, $1,110,000

Kilburn, Port Adelaide Enfield, House, $500,000

Klemzig, Port Adelaide Enfield, House, $650,000

Kurralta Park, West Torrens, House, $660,000

Kurralta Park, West Torrens, Unit, $330,000

Largs North, Port Adelaide Enfield, House, $585,000

Lightsview, Port Adelide Enfield, House, $550,000

Linden Park, Burnside, House, $1,355,000

Littlehampton, Mount Barker, House, $570,000

Magill, Campbelltown, House, $860,000

Malvern, Unley, House, $2,000,000

Mansfield Park, Port Adelaide Enfield, House, $480,000

Mawson Lakes, Salisbury, House, $530,000

Mawson Lakes, Salisbury, Unit, $320,000

McLaren Vale, Onkaparinga, House, $605,000

Mile End, West Torrens, House, $780,000

Modbury Heights, Tea Tree Gully, House, $525,000

Modbury North, Tea Tree Gully, House, $510,000

Morphett Vale, Onkaparinga, House, $410,000

Munno Para, Playford, House, $315,000

Munno Para West, Playford, House, $335,000

Noarlunga Downs, Onkaparinga, House, $415,000

North Adelaide, Adelaide, House, $1,170,000

North Adelaide, Adelaide, Unit, $455,000

North Haven, Port Adelaide Enfield, House, $610,000

Norwood, Norwood Payneham, House, $1,185,000

Norwood, Norwood Payneham, Unit, $615,000

O’Halloran Hill, Marion, House, $470,000

Para Hills, Salisbury, House, $405,000

Parafield Gardens, Salisbury, House, $440,000

Paralowie, Salisbury, House, $390,000

Plympton, West Torrens, House, $660,000

Plympton, West Torrens, Unit, $320,000

Pooraka, Salisbury, House, $455,000

Prospect, Prospect, House, $850,000

Prospect, Prospect, Unit, $395,000

Redwood Park, Tea Tree Gully, House, $505,000

Richmond, West Torrens, House, $630,000

Ridgehaven, Tea Tree Gully, House, $500,000

Rostrevor, Campbelltown, House, $790,000

Royal Park, Port Adelaide Enfield, House, $530,000

Salisbury, Salisbury, House, $380,000

Salisbury Downs, Salisbury, House, $400,000

Salisbury East, Salisbury, House, $410,000

Salisbury North, Salisbury, House, $310,000

Seaford, Onkaparinga, House, $495,000

Seaford Meadows, Onkaparinga, House, $480,000

Seaton, Charles Sturt, House, $620,000

Seaton, Charles Sturt, Unit, $350,000

Sellicks Beach, Onkaparinga, House, $510,000

Semaphore Park, Charles Sturt, House, $675,000

Sheidow Park, Marion, House, $575,000

Somerton Park, Holdfast Bay, House, $995,000

South Brighton, Holdfast Bay, House, $760,000

South Plympton, Marion, House, $665,000

St Clair, Charles Sturt, House, $620,000

St Clair, Charles Sturt, Unit, $400,000

Stirling, Adelaide Hills, House, $1,000,000

Taperoo, Port Adelaide Enfield, House, $420,000

Toorak Gardens, Burnside, House, $1,580,000

Tranmere, Campbelltown, House, $755,000

Trott Park, Marion, House, $530,000

Valley View, Salisbury, House, $520,000

Warradale, Marion, House, $685,000

West Beach, Charles Sturt, House, $1,055,000

West Beach, Charles Sturt, Unit, $325,000

Willaston, Gawler, House, $360,000

Windsor Gardens, Port Adelaide Enfield, House, $585,000

Woodcroft, Onkaparinga, House, $540,000

Woodville North, Charles Sturt, House, $515,000

Wynn Vale, Tea Tree Gully, House, $540,000

(Source: Hotspotting Price Predictor Index Winter 2022)

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