South Australia’s coastal market is on fireplace, as consumers search to safe their slice of an beachside way of life.
New PropTrack knowledge reveals the shining stars of SA’s waterside market, highlighting the highest metro and regional performers throughout a wide range of classes together with most cost-effective and most costly median worth, demand progress, worth progress and quickest promoting.
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Of suburbs to have had no less than 10 gross sales to November 2024, O’Sullivan Seaside in Adelaide’s southern suburbs was the state’s most inexpensive coastal locale.
A fisherman attempting their luck in fog off the O’Sullivan Seaside breakwater. Pic: Equipped
It had a median home worth of $632,000 – simply forward of the northwestern Taperoo at $665,000. Their medians have elevated by 15.1 per cent and 16.7 per cent respectively.
Regionally, the most affordable homes may be discovered at Port Augusta, the place the median home is simply $233,000.
SCROLL DOWN TO THE BOTTOM OF THE STORY TO SEE ALL THE DATA
On the different finish of the spectrum, Somerton Park homes had the state’s most costly median final 12 months, notching up a $1.65m median – a 12-month change of 12.3 per cent.
It edged out close by Henley Seaside, Glenelg and Henley Seaside South, which recorded medians of $1.615m, $1.595m and $1.585m respectively.
Ouwens Casserly Actual Property agent Linda Van Hooff, who specialises in Henley Seaside and surrounds, mentioned Adelaide’s shoreline has robust attraction nationally.
![Commercial Future ADL](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
Revellers get pleasure from Henley Seaside’s standard Henley Sq.. Picture: Russell Millard
“Properties listed below are extremely sought-after – inquiry for coastal properties continues to be robust, given how beautiful the seashores are, how shut they’re to the town and airport, and the way inexpensive they’re in contrast with related properties interstate,” she mentioned.
“You possibly can count on good capital progress right here – some properties have elevated by as much as 80 per cent since covid.
“There’s no indication that demand for coastal properties will ease anytime quickly.”
Semi-retired monetary companies employee and UK Justice of the Peace Sally Gilding, 63, has not too long ago purchased a waterfront property at Kingston Park and mentioned the was having fun with the coastal way of life.
The previous jap suburbs resident has lived within the UK for a few years, returning to her Seacliff unit annually, and mentioned she hoped to get pleasure from her new buy for half the 12 months and hire it out for the six months.
“If I had purchased this within the UK this is able to have been $5m, probably extra,” she says.
“The worth for cash in Adelaide is superb, even whenever you evaluate it to Melbourne and Sydney.
“I had all the time deliberate to purchase a pleasant property in Adelaide and I had a fund which was earmarked ‘Adelaide property’ and when the fitting one got here alongside I used to be prepared to leap on it, however yearly I got here again costs had gone up and I simply thought: ‘I must get one thing this 12 months’.”
Vehicles on the seaside between Aldinga and Sellicks. Image: Equipped
Inquiries per metro itemizing on realestate.com.au have grown essentially the most in Aldinga – up 52 per cent – whereas regionally, inquiries are up 103 per cent of listings in Ceduna on the Eyre Peninsula.
Mark Forde of Harris Actual Property, who sells on the Fleurieu Peninsula, mentioned it had been a powerful summer time and he anticipated a strong run into 2025.
“The New Yr is historically our busiest interval, costs have been holding and there are nonetheless robust numbers of consumers, so it’s all trying extraordinarily optimistic,” he mentioned.
The wood jetty and coastal rocks of the Ceduna city bay at dawn. Image: iStock
“There’s numerous growth occurring all alongside the Fleurieu, and that’s bringing an actual change within the demographic amongst those that name this area dwelling.”
Seacliff homes, the report revealed, had the best worth enhance for metro Adelaide – up 35.7 per cent over the prior 12 months to a $1.561m median – whereas Port Vincent homes have been the regional stars, rising by 49.9 per cent to a $634,000 median.
The report discovered each West Seaside and Semaphore homes the quickest sellers in metro Adelaide, in 28 days on common – the identical period of time it takes to promote a Hayborough dwelling on the Fleurieu Peninsula.
The view from 9 Elliot Ave, Hayborough which provided final September. Equipped
SA’S REGIONAL STARS REVEALED
CHEAPEST MEDIAN
Metro homes
Rank
Suburb
Median Sale Worth
Median Change YOY%
1
O’Sullivan Seaside
$ 632,000
15.1%
2
Taperoo
$ 665,000
16.7%
3
Christies Seaside
$ 700,000
19.8%
4
Seaford
$ 715,000
12.3%
5
Sellicks Seaside
$ 715,000
8.5%
6
Aldinga Seaside
$ 720,000
14.2%
7
Osborne
$ 728,000
16.2%
8
Aldinga
$ 770,000
-9.4%
9
Port Willunga
$ 770,000
13.1%
10
Port Noarlunga South
$ 792,000
14.9%
Metro items
Rank
Suburb
Median Sale Worth
Median Change YOY%
1
Henley Seaside South
$ 475,000
25.0%
2
Port Noarlunga
$ 494,000
39.0%
3
West Seaside
$ 494,000
7.7%
4
Christies Seaside
$ 550,000
5.4%
5
Hove
$ 567,000
8.9%
6
Aldinga Seaside
$ 582,000
14.1%
7
South Brighton
$ 583,000
-0.8%
8
Glenelg
$ 600,000
-3.2%
9
North Haven
$ 640,000
8.5%
10
Glenelg North
$ 641,000
8.6%
Regional homes
Rank
Suburb
Median Sale Worth
Median Change YOY%
1
Port Augusta
$ 233,000
6.3%
2
Solomontown
$ 235,000
27.8%
3
Ceduna
$ 265,000
1.9%
4
Port Augusta West
$ 285,000
7.5%
5
Cowell
$ 297,000
-4.4%
6
Port Wakefield
$ 340,000
36.0%
7
Whyalla
$ 393,000
18.9%
8
Kingston SE
$ 410,000
20.6%
9
Tumby Bay
$ 430,000
3.6%
10
Kingscote
$ 439,000
2.0%
MOST EXPENSIVE MEDIAN
Metro homes
Rank
Suburb
Median Sale Worth
Median Change YOY%
1
Somerton Park
$ 1,650,000
12.3%
2
Henley Seaside
$ 1,615,000
15.4%
3
Glenelg
$ 1,595,000
11.8%
4
Henley Seaside South
$ 1,585,000
16.5%
5
Seacliff
$ 1,561,000
35.7%
6
West Seaside
$ 1,505,000
20.4%
7
North Brighton
$ 1,334,000
16.0%
8
Glenelg North
$ 1,315,000
25.2%
9
Brighton
$ 1,258,000
23.3%
10
Hove
$ 1,175,000
3.5%
Metro items
Rank
Suburb
Median Sale Worth
Median Change YOY%
1
Henley Seaside
$ 693,000
35.1%
2
Brighton
$ 685,000
24.9%
3
Somerton Park
$ 677,000
40.5%
4
Glenelg North
$ 641,000
8.6%
5
North Haven
$ 640,000
8.5%
6
Glenelg
$ 600,000
-3.2%
7
South Brighton
$ 583,000
-0.8%
8
Aldinga Seaside
$ 582,000
14.1%
9
Hove
$ 567,000
8.9%
10
Christies Seaside
$ 550,000
5.4%
Regional homes
Rank
Suburb
Median Sale Worth
Median Change YOY%
1
Port Elliot
$ 845,000
16.5%
2
Middleton
$ 825,000
-0.6%
3
Normanville
$ 768,000
18.2%
4
Level Turton
$ 734,000
41.1%
5
Gown
$ 723,000
21.4%
6
Encounter Bay
$ 692,000
17.4%
7
McCracken
$ 675,000
6.2%
8
Hayborough
$ 656,000
15.7%
9
Victor Harbor
$ 650,000
1.6%
10
Carrickalinga
$ 650,000
-9.9%
DEMAND GROWTH
Metro homes
Rank
Suburb
Demand Change YOY%
Median Sale Worth
1
Aldinga
52%
$ 770,000
2
Henley Seaside South
44%
$ 1,585,000
3
Semaphore
41%
$ 995,000
4
Port Noarlunga South
37%
$ 792,000
5
Glenelg
32%
$ 1,595,000
6
O’Sullivan Seaside
30%
$ 632,000
7
Christies Seaside
22%
$ 700,000
8
Port Willunga
20%
$ 770,000
9
Somerton Park
19%
$ 1,650,000
10
South Brighton
16%
$ 1,345,000
Metro items
Rank
Suburb
Demand Change YOY%
Median Sale Worth
1
Christies Seaside
41%
$ 550,000
2
West Seaside
39%
$ 494,000
3
South Brighton
26%
$ 583,000
4
Henley Seaside South
15%
$ 475,000
5
Henley Seaside
11%
$ 693,000
6
Somerton Park
2%
$ 677,000
7
Glenelg
-1%
$ 600,000
8
Hove
-2%
$ 567,000
9
Glenelg North
-6%
$ 641,000
10
North Haven
-17%
$ 640,000
Regional homes
Rank
Suburb
Demand Change YOY%
Median Sale Worth
1
Ceduna
103%
$ 265,000
2
Fisherman Bay
95%
$ 296,000
3
Port Augusta
63%
$ 233,000
4
Victor Harbor
50%
$ 650,000
5
Port Lincoln
27%
$ 470,000
6
Tumby Bay
26%
$ 430,000
7
Port Augusta West
23%
$ 285,000
8
Port Vincent
18%
$ 634,000
9
Goolwa South
15%
$ 620,000
10
Whyalla
13%
$ 393,000
GREATEST PRICE GROWTH
Metro homes
Rank
Suburb
Median Change YOY%
Median Sale Worth
1
Seacliff
35.7%
$ 1,561,000
2
Glenelg North
25.2%
$ 1,315,000
3
Maslin Seaside
25.0%
$ 863,000
4
North Haven
24.1%
$ 885,000
5
Brighton
23.3%
$ 1,258,000
6
Port Noarlunga
20.6%
$ 832,000
7
West Seaside
20.4%
$ 1,505,000
8
Christies Seaside
19.8%
$ 700,000
9
Largs Bay
19.2%
$ 930,000
10
Taperoo
16.7%
$ 665,000
Metro items
Rank
Suburb
Median Change YOY%
Median Sale Worth
1
Somerton Park
40.5%
$ 677,000
2
Port Noarlunga
39.0%
$ 494,000
3
Henley Seaside
35.1%
$ 693,000
4
Henley Seaside South
25.0%
$ 475,000
5
Brighton
24.9%
$ 685,000
6
Aldinga Seaside
14.1%
$ 582,000
7
Hove
8.9%
$ 567,000
8
Glenelg North
8.6%
$ 641,000
9
North Haven
8.5%
$ 640,000
10
West Seaside
7.7%
$ 494,000
Regional homes
Rank
Suburb
Median Change YOY%
Median Sale Worth
1
Port Vincent
49.9%
$ 634,000
2
Port Broughton
43.6%
$ 540,000
3
Level Turton
41.1%
$ 734,000
4
Port Wakefield
36.0%
$ 340,000
5
Streaky Bay
33.1%
$ 513,000
6
Solomontown
27.8%
$ 235,000
7
Port Hughes
23.8%
$ 650,000
8
Ardrossan
23.6%
$ 445,000
9
Gown
21.4%
$ 723,000
10
Kingston SE
20.6%
$ 410,000
SHORTEST DAYS ON MARKET
Metro homes
Rank
Suburb
Days on market
Median Sale Worth
1
West Seaside
28
$ 1,505,000
2
Semaphore
28
$ 995,000
3
O’Sullivan Seaside
30
$ 632,000
4
Somerton Park
33
$ 1,650,000
5
Moana
34
$ 800,000
6
Port Willunga
35
$ 770,000
7
Glenelg North
37
$ 1,315,000
8
Seacliff
37
$ 1,561,000
9
Taperoo
38
$ 665,000
10
Aldinga Seaside
38
$ 720,000
Metro items
Rank
Suburb
Days on market
Median Sale Worth
1
Hove
22
$ 567,000
2
Glenelg
38
$ 600,000
3
Glenelg North
38
$ 641,000
4
Christies Seaside
39
$ 550,000
5
Henley Seaside
40
$ 693,000
6
Somerton Park
42
$ 677,000
Regional homes
Rank
Suburb
Days on market
Median Sale Worth
1
Hayborough
28
$ 656,000
2
Middleton
36
$ 825,000
3
McCracken
40
$ 675,000
4
Goolwa Seaside
40
$ 593,000
5
Victor Harbor
42
$ 650,000
6
Encounter Bay
43
$ 692,000
7
Normanville
43
$ 768,000
8
Goolwa South
44
$ 620,000
9
Port Elliot
50
$ 845,000
10
Level Turton
52
$ 734,000
Supply: PropTrack
