South Australia’s property sector continues to shine on the national stage, recording the highest increase in home value over both the past month and year, a new report shows.
According to PropTrack’s August Home Price Index report, South Australian regional properties recorded the highest growth in the nation over the past year, with combined regional dwelling – both house and unit – prices up 12.5 per cent over the past year, and metropolitan dwelling prices up 9.4 per cent over the past year.
SIGN UP NOW FOR OUR FREE REAL ESTATE NEWSLETTER
Adelaide’s median value now sits $75,000 higher than than this time last year at $845,000, while regional SA’s median dwelling price sits at $459,000 – some $14,000 higher than last year.
REA Group senior economist and report author Anne Flaherty, said Property continued to be a strong performer.
“Despite the Reserve Bank’s surprise decision to keep interest rates on hold in July, prices rose in all cities bar Canberra,” she said.
“Yet the pace of growth did slow down in July, resulting in the smallest monthly growth seen this year.”
![](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 800 450"%3E%3C/svg%3E)
REA Group senior economist Anne Flaherty.
Ms Flaherty said regional areas outperformed their capital city counterparts in most markets, recording stronger growth over both the month and the year.
“South Australia remains the strongest market, with Adelaide and regional SA the two top performing regions in the country,” she said.
“While the number of homes for sale has slowed over winter, buyer demand remains strong, with auction clearance rates sitting at the highest level in more than two years.
“Home prices are expected to break into new territory later this year, with further interest rate cuts expected to add momentum to price growth.”
MORE NEWS:
How multiple renos transformed dated home
How to cut your CBD parking costs
The suburb becoming the next Unley Park
Where the latest rate cut makes it cheaper to own than rent in SA
Adelaide’s house price remains at its record high – up 0.96 per cent for the month and 9.48 per cent for the year to $916,000 – while metropolitan units have increased 0.45 per cent over the past month and 8.39 per cent over the past 12 months to $632,000.
Regionally, the median house price sits at $465,000, and the median unit price $412,000.
Over the past five years, metropolitan Adelaide’s combined dwelling price has increased by 88.74 per cent, while regional homes have increased by 93.43 per cent.
Home values are up across Adelaide. Picture: Brenton Edwards
Turner Real Estate managing director Lachlan Turner said Adelaide’s housing market was a consistent performer.
“Steady buyer demand, limited stock, and a growing population have driven strong results across both sales and rentals,” he said.
“Adelaide’s balanced affordability, lifestyle appeal, and stable conditions continued to attract both local and interstate buyers, cementing its position as a national standout.
“Sales volumes also grew by 6 per cent year-on-year, highlighting increased buyer activity and confidence in the market, even as interest rates remained a talking point throughout the year.
MORE NEWS
SA’s 15 surprise buyer’s markets revealed
Where SA sellers are making bank … and where they are taking a hit
SA agent crowned best in nation
Star performer recognised in historic industry first
“The rental market remained highly competitive, with vacancy rates tightening to 0.7 per cent, among the lowest in the country.
“Looking ahead, the market is poised for continued strength in the second half of 2025, bolstered by ongoing infrastructure development, a 1.5 per cent annual population increase, and potential easing of interest rates later this year.”
Lachlan Turner, Managing Director of Turner Real Estate. Pic: supplied.
According to the report, home values in the Barossa-Yorke-Mid North area have increased over the past 12 months by 13.9 per cent to a $471,000 median, while dwellings in the state’s South East region have increased 12.61 per cent to a median of $518,000.
No responses yet