New Property Market Trends

New Property Market Trends in South Australia

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New Property Market Trends in South Australia

Learn about the most recent developments in the South Australian real estate market and take advantage of new chances. The South Australian real estate market is undergoing a surge of exciting trends that are providing both homeowners and investors with profitable options. Anyone hoping to effectively navigate this constantly-changing terrain must stay knowledgeable about the most recent trends, which range from shifting buyer preferences to changing market dynamics. To give you the information you need to make wise decisions, we will examine some of the most significant property market trends in South Australia in this article.

South Australia’s real estate market is humming with exciting new trends and offers a multitude of choices for homeowners and investors. For you to make wise choices and take advantage of the changing market, staying current on thƒhousing

ese trends is essential. In this post, we’ll provide five fascinating facts about South Australia’s rapidly changing real estate market to help you keep on top of the competition.

Property Market Forecast 2023 — House Prices Predictions from Expert

Current market trends in south Australia

Strong Demand in Metropolitan Areas: Property is in high demand, particularly in metropolitan regions like Adelaide. This trend has been influenced by elements including employment possibilities, leisure facilities, and infrastructure improvements.

Rise in Medium-Density Housing: There has been a move towards housing alternatives with a medium density, such as townhouses, duplexes, and flats. The demand for low-maintenance living and changing demographics are some of the trends driving this one.

New trends in south Australia 

Work-from-Home Features: Due to the COVID-19 epidemic, purchasers may give preference to homes with designated home offices or flexible floor plans that may suit remote work needs.

Outdoor Living Spaces: The demand for homes with well-designed outdoor living spaces, such as gardens, courtyards, and entertainment areas, may rise as a result of increased emphasis on lifestyle and welfare.

Success of real estate

Urban Revitalization: New Attention Paid to City Centres South Australia’s urban areas are being revitalized, luring investors and homebuyers looking for the convenience and energy of the city. City centers are changing as a result of redevelopment initiatives and infrastructure upgrades, opening up possibilities for new residential and commercial complexes.

Digital Transformation: South Australia’s real estate sector is embracing technology developments that are changing the way homes are bought and sold. For real estate listings and transactions, online platforms, virtual tours, and digital marketing have become essential tools.

We hope you are enjoying reading our article “New Property Market Trends in South Australia”.

Excellent property opportunity 

Investment Opportunities: Knowing the most recent developments in the real estate industry will help you spot new investment opportunities. You may make wise investment choices and increase your potential profits by being aware of the growth areas, the kinds of properties that are in demand, and buyer preferences.

Capitalizing on Market Shifts: Trends in the real estate market can reveal changes in buyer preferences, the state of the economy, and other variables that affect property values. You may put yourself in a position to benefit from these changes by remaining informed. For instance, you can invest in environmentally friendly residences that appeal to consumers who are concerned about the environment if there is a rising demand for eco-friendly homes.

Best place for real estate in Adelaide

Market Timing: By keeping an eye on Adelaide’s real estate market trends, you may strategically time your property transactions. Real estate markets cycle, so understanding current patterns can help you decide when to enter or leave the market. When the market is in a slump, for instance, purchasers may be able to negotiate favorable pricing or investors may be able to purchase houses for less money.

Pricing Insights: Understanding new property market trends in south australia offers insightful pricing information. When setting prices for selling or making offers for purchases, you can assess the general price trends in various neighborhoods and property kinds to help you make wise choices. This information gives you an advantage in negotiations and guarantees that your offers are competitive or that your asking prices are reasonable.

Benefits of a real estate agent 

Expert Knowledge: Real estate agents who are up to date on South Australia’s real estate market trends have specialized information that can be useful to their clients. They can offer insightful information about the state of the market, the value of real estate, and new business opportunities.

Accurate Pricing: Real estate professionals can effectively price properties by understanding the latest developments in the real estate industry. Agents can choose the best listing price for a property by looking at market indicators and comparable sales data. By doing this, retailers can be sure to draw in prospective customers while maximizing their return on investment.

Adelaide house prices soar into 2022 - InDaily

Great opportunity for a House agent 

Accurate Pricing: House agents can price properties effectively by being aware of the latest developments in the real estate industry. Agents can choose the best listing price for a property by examining market information, comparable sales, and current demand. By doing this, retailers can be sure to draw in prospective customers while maximizing their return on investment.

Targeted Marketing: House agents who stay current on real estate market developments can create focused marketing campaigns. They can target the appropriate audience with their marketing strategies and highlight the special qualities and advantages of a property.

Excellent facilities for buying agent 

Rise in Demand: Property demand has steadily increased in South Australia, especially in major cities like Adelaide. The state draws both local and out-of-state purchasers with its high standard of living, accessible housing alternatives, and expanding economy.

Apartment Living: Flat living has become more popular as a result of causes including urbanisation, lifestyle preferences, and affordability. Apartments offer convenience, close proximity to facilities, and low-maintenance living, particularly in inner-city regions.

South Australia vs Victoria Market Trends 

Due to the COVID-19 epidemic, purchasers may give preference to homes with designated home offices or flexible floor plans that may suit remote work needs. The demand for homes with well-designed outdoor living spaces, such as gardens, courtyards, and entertainment areas, may rise as a result of increased emphasis on lifestyle and welfare. Due to its thriving culture, career prospects, and educational institutions, Melbourne, the capital of Victoria, has seen a great demand for real estate. City real estate prices have been driven up by this demand. In Victoria, especially in Melbourne, there has been a trend towards medium to high-density living as a result of population increase and urbanization. Townhouses and apartments are now common choices since they provide convenient and low-maintenance living.

Conclusion :

In conclusion, there have been several movements in the South Australian real estate market that could influence a buyer’s choice. While these patterns may change over time, some noteworthy elements include rising urban demand, the appeal of medium-density housing options, an emphasis on sustainable features, accessibility to homes in nearby regions, and beachfront properties. Additionally, consumers might place more value on work-from-home amenities and outdoor living areas, and community-focused developments might flourish. To make wise choices about property investments in South Australia, it’s critical to stay current on market information and speak with real estate experts.

Thank you for taking the time to read our article “New Property Market Trends in South Australia”. At Onyx Realtors, we strive to provide valuable and informative content to our readers. We appreciate your interest and look forward to serving you in the future.

Adelaide Housing Market Update: Home prices are rising, and the RBA is giving home buyers a short-term reprieve.

By Rishabh Dhall

6th April, 2023

The most recent PropTrack Home Price Index reveals that property values increased in most capital cities last month, with a shortage of available properties for sale offsetting the impact of significant interest rate hikes.

PropTrack senior economist Eleanor Creagh, “Despite lower buyer demand than peak levels, softness in new listing numbers and restricted supply has offset this”. She said.

That shows increased competition among interested buyers, which has boosted housing values.

And if we talk about the rental market in Adelaide, it has increased by more than 4% in the first three months of the year, which is double the rate of inflation nationwide.

The median advertised rent for an Adelaide home has risen to $470 per week, according to the most recent Prop Track data, after increasing by 4.4% in the first quarter of 2023.

Australian RBA Cash rates have been put on hold, giving home buyers a short-term excuse, by holding official rates steady at 3.60% for the first time in the year. As per the RBA Governor Philip Lowe, “The decision to hold the interest rates steady this month provides the board with more time to assess the state of the economy and the outlook”.

This would reflect in home prices stabilising further. Eventually, it will help reduce the hesitation that kept the buyers sitting on the fence.

If you are in the market to buy property, keep these three points in mind.

1. What is the best and lowest price you can get for the property?

2. What could be the real price you are willing and comfortable paying?

3. What is your hard-stop price as a final offer?

Latest Property Market News in Adelaide : The long-term trend will remain positive in Adelaide as we are seeing an increase in buyer demand.

By Rishabh Dhall

17th march, 2023

Just want to share a great news, as Onyx has grown 4 years last week. We feel proud to provide thousands of smiles and built a strong business model over the past years.


Let’s talk about what been happening now!  

The South Australian property market is going through rough time due to several factors, including the latest Reserve Bank of Australia interest rate rise to 3.35%. Homeowners and property investors are feeling the pinch as the mortgage payments skyrocketed. It will also directly impact on the development of new homes, which will get slower.

We know, Adelaide property values have been dropped a bit but the property market in Adelaide continues to move towards complete balance. Adelaide has shown 5.4% increase over the period of 12 months, siting at the median value of $765,000.

Buyers are experiencing rough times, struggling to meet the strict lending criteria set by banks. However, despite these challenges, the demand for houses in Adelaide continues to grow, with investors and buyers alike, drawn to the city’s lifestyle and affordability. 

With the right strategy and approach, you can still successfully sell your property. Be proactive, flexible, and realistic when pricing your home, and take advantage of right marketing strategy to generate interest from prospective buyers.

Few Other's Insights

Homeowners in Adelaide can reap out the profit by timing the market right!

By Rishabh Dhall

2nd December, 2022

We all know that market is been driven by rapidly rising interest rates, with buyers having their borrowing power squeezed.

House prices in SA continue to rise despite nosediving elsewhere in the country.

Good news for homeowners as the prices are proving more resilient than in capital cities, where values are declining much faster as interest rates continue to rise.

As per the “The PropTrack Home Price Index”, Adelaide is also the only capital city to record a double-digit annual growth. House prices over the year have risen by 12.63 per cent.

Over the past 12 months, Adelaide clocked up an astounding 27.4 % increase in its median house price, the sharpest rise in the nation.

So, for sellers this is the right time to take the opportunity and get the best price for your property.

Buyers, we would like to give you a quick tip.

We know, it is getting harder to get a loan and there is more scrutiny parameter that lender examine.

You need to cut the financial fat out of your money diet.

A lot of people don’t understand that things that might seem simple, such as how many credit cards you have, and numerous betting deductions can dramatically affect your chances of getting a loan.

Real Estate Latest news: Considering the Average 12 months of growth Adelaide is still 16.5% higher.

By Rishabh Dhall

18th November, 2022

We have seen a little jump in the advertise stocks in the past 3 months surely, sellers are getting confidence and getting their property in the market.

According to the Head of Core Logic RP Data research, Tim Lawless, “Adelaide has recorded the most significant rise in values across the capital cities, with the dwelling index up 44.7% through the growth phase, adding approximately $203,200 to the median dwelling value”.

A high-quality marketing campaign is needed, to make your property stand out from other listings, getting more eyeballs for your property resulting in more prices for your asset.

Now Let’s talk about the new upcoming properties under Onyx by this week.
A Sigle-story house in Pauls Drive, Valley View.

A Great investment opportunity or Family home in Hume Street, Salisbury North.
An Ex-display home in Hopwood Avenue, Munno Para.

If interested, contact one of our partners to get your hands on the properties before it opens to market.

According to the Real Estate Institute of South Australia (REISA) Executive Director, Cain Cooke, “described the South Australian property market as resilient”
“Traditionally, South Australia does not experience the price volatility other markets in Australia have been susceptible to in the past,” Mr. Cooke said.

Buyers must think long-term when it comes to navigating the property market.

If your objective is to buy a home to live in, then you don’t need to worry as much about short-term changes in value – just focus on finding a home you like at a price you can afford.

Few Other's Insights

Adelaide prices never really fell!

By Rishabh Dhall

31st October, 2022

Property is still very affordable, despite the staggering price increases of the past three years, and rents are rising sharply.

Think again?

Adelaide’s median price is lower than prices in most of Australia’s capital cities. 
Which easily reflect on the average income of the individual, which equally reflect better affordability.

As a result, the typical mortgage size in Adelaide is smaller. Smaller mortgages also mean that the average borrower in Adelaide is less affected by changes in interest rates,
There is reason why Adelaide hasn’t been that affected by the recent RBA rate hikes in contrary to large price declines seen in Sydney and Melbourne.

Moreover, if there is little decline in growth is on the higher segment of the market, but the lower end of the market hasn’t seen many changes, so the higher value properties are absorbing all the hit.

Prices never really fall in Adelaide … they just carry on at a more balanced pace.

Few Other's Insights

Four things to know for this 2022 spring selling season

By Rishabh Dhall

7th October, 2022

As per the report from CoreLogic, spring 2022 is expected to hit a little differently, we’ve compiled four key trends for you to be across this spring selling season.

It won’t be the spring selling season we experienced last year.

There is no denying that Market conditions are very different. Buyer appetite is falling against higher interest rates, and properties are taking longer to sell, but keep this in mind, whatever the condition of the market will be, there always be sellers who want to sell and always be buyers, who want to buy, it just right now, the frequency of both sides is low.

New listings and auction will rise in the coming weeks.

Despite we have been experiencing new listings counts still lower, some data points indicate a lift is on its way in the next few weeks. We have seen a new confidence in sellers to get their property right in the market with a little rise in buyers’ activity as well.

Long term owner – occupiers are more likely to sell.

Recent buyers are at more risk of making a nominal loss if they sell during this turnaround. Meanwhile, even if the market is going through a short term, those who have held their property over the period of 5 – 10 years are more likely to make nominal gains, We have seen an increase in those as well.

Sellers will have to tweak their strategy & listen to buyers feedbacks and be flexible on their approach.

Serious vendors will need to be realistic about their price expectations backed up by quality marketing campaign and excellent negotiation by agent. As the cash rate is expected to rise further in the coming months, borrowers may become more constrained.

Few Other's Insights

0.9% decline in the Adelaide property market. Buyers and Sellers need to get the right opportunity.

By Rishabh Dhall

16th September, 2022

CoreLogic’s home value index slumped 1.6 % in Australia in August, with a 0.9% decline in the Adelaide property market.

Now we know that RBA has increased the cash by adding 0.50% totalling 2.35%. Giving more buyers a hard time getting into the property market.

As per the new report, there has been slightly decline in the demand of new housing loans, which are reflecting to decrease in Adelaide property prices.

But looking at the current scenario, the declination of the prices would require a serious bubble burst which has been created over the past few years. To get back to June 2020 condition the country would need to go at least 18% lower than they are now.

By Looking at the current market:


You need to act fast, it’s good that you are a homeowner, but if you are thinking of selling you need to take advantage of the market right now, as the prices will going to shed a little bit over 12 months. This is the time to reap the offerings that the market is providing. As current interest rates are still bearable by many active buyers.


On average, buyers tend to spend at least 7 months in the market to get the right property after gaining approval and viewing over 100red properties before making any decision.

If you are into this category – it shows you are not filtering enough and not shortlisting the criteria that you are looking into the property. Resulting missing out on the right opportunities as you have taken a long time to secure a house.

And most importantly communication is the key, not asking the right questions to an agent will result in various conditional offers or pushing a contract that doesn’t go well with seller’s time frame.

Adelaide has been experiencing a 1.3% increase in the quarterly sales prices for houses

By Rishabh Dhall

26th August, 2022

Australia is coming strapping with 17 out of 25 housing market basis comes strong.

Spring is at the corner, and surely it will be a good time for the property market and will contribute a genuine factor pointing towards a strong recovery this spring.

Amongst all capital, Adelaide has been showing very well in terms of property prices. Adelaide has continued to increase by 0.4% in August despite the RBA’s tightening of monetary policy.

Adelaide has been experiencing a 1.3% increase in the quarterly sales prices for houses and there would be more property coming up in the market as the Spring season hits. As per the current report, the new listing will reach its peak in November which will eventually bring more confidence in buyers and sellers to Adelaide real estate market as the advertising stock rises.

The rental market is coming strong with investors cashing up their chips and getting great rental yield in the current market and will experience more hikes in prices as the number of migrants increases.

It clearly shows there is minimal stock in the Adelaide property market which enables competition, but still outperforms compared to other states.

Many buyers are holding off and waiting to get a better deal in the market, but this would not be a great strategy.

If you’re a smart buyer and you’re ready to buy, why wouldn’t you buy now when there’s very little competition? If you can find the right property, go for it.

Adelaide’s hot property market is going in a different direction altogether.

By Rishabh Dhall

5th August, 2022

Australian real estate: There could be a drop in house prices in Australia by 15% in the next 18 months, but Adelaide’s hot property market is going in a different direction altogether.

As we know winter for the real estate market is a slow period where activity usually shifts to a lower gear. But this is not the case in Adelaide as per the report there is a 1.2 % increase in listing as compared to the same time last year.

More new listings are hitting the market but for prospective buyers, the conditions remain tough.

Now RBA has lifted the cash rate by another 50 basis points making 1.85%. Now the bank is predicting a series of 25 basis points over the next quarter rounding off to 2.10% by the end of this year.

As we are seeing many buyers from interstate and investors are more inclined towards the Adelaide market to take advantage of the current market conditions before it gets tough.

Now when you are thinking of selling, you must be thinking about what buyers look for, and I have so much to say about this as I have meeting lots of prospective buyers during the open house. So, let’s address those.

We should not avoid the fact that Adelaide’s house prices are catching up with Sydney and Melbourne, even when the Median price of Adelaide is still lower compared to big cities.
Resulting in more buyers lured towards the Adelaide housing market for affordability and ease in cost of living.

This is the best time for buyers to not be complacent and continue their search for their dream home.

Surely, homebuyers were now keen on saving rather than splurging. 

  1. Buyers are looking for houses that offered a guaranteed rental income, like DHA and NDIS scheme offers.

  2. The rising cost of living and increase in interest rates seems to have got buyers leaning towards ‘duplex’ or semi-detached homes with a preference for the ‘ground floor.

Prices are going down; it sounds amazing, right?

By Rishabh Dhall

8th July, 2022

Prices are going down; it sounds amazing, right?
And for the people who are looking to enter the market, it will be dream come true situation but behind this plunging price, there are hidden certainties that could bite many Australians.

Right now, this turning point of the market, where interest rates are rising, making mortgage repayments more expensive.

As per the current situation, you could expect a $230 addon to your monthly repayment on the loan of $800K.

Now, for first home buyers,

It will be a hard decision by looking at the current dynamics of the market and it will be a trade-off between lower prices but increasing mortgage costs compared to likely further rises in the cost of renting.

Another Shocking card has been dropped by RBA, bringing the official cash rate target to 1.35 percent. There could be more fall in Adelaide house prices as the interest rate rises.

I think, by October and November come around, people will get used to the market situations and that will be the new norm.

Now, let’s talk about how you can benefit from selling your property for a good price?

It comes down to displaying it in an “immaculate condition” and having a successful marketing strategy.

If you present your property well, have the right real estate agent with you and are all ready to sell, it will still sell at the best price you are looking forward to.

Seriously, you need to see the market and step in. The person who is ready to offer 900K now might be able to pay 800K in a month. So, you know where we are going now.

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RBA’s 1.35% cash rate increase: what does it mean for Adelaide’s real estate market?

By Rishabh Dhall

5th July, 2022

If you’re wondering how the 1.35% cash rate increase by the Reserve Bank of Australia (RBA) will affect Adelaide’s real estate market, then look no further than this article! With so many changes to the property market, it’s hard to know what they mean and where you should be putting your money when it comes to buying real estate in Adelaide.

The latest interest rate change

According to reports, the CommBank has predicted that house prices will drop by 15 percent over the next 18 months. This unexpected rise has shaken the market and buyers’ dream to own their desired home would get hit as far as a mortgage payment is concerned. There’s no doubt that an RBA interest rate change will have a large effect on Adelaide’s property market.

Changes to your mortgage repayments, if you are at the current loan repayment stage

The other point worth bearing in mind is that while the changes are designed to make people think more carefully about getting into debt. This sudden rate rise will no doubt add $146 a month on a loan of 500,000 respectively $293 a month on a loan worth $1 million. 

Let’s Think?

If the buyers sit and cherry-picked the market and delay their decisions, it will be repassed by the bank again, now the chances would be less to borrow more money again. Now before more interest rates & inflation kick in, eventually decreasing your chances to borrow & spending potential. If you can afford to wait, you can go ahead with the decision but if something comes up and suits your desire, buy it straight away.

Let’s face it
Buying or selling under pressure conditions means you will not be having time to make smart decisions. It would be better to buy or sell the house now!

Unstoppable Adelaide Property Boom, seriously!

By Rishabh Dhall

3rd June, 2022

It’s no secret that the property market in Adelaide, South Australia has seen some pretty dramatic price increases over the last few years, and there are plenty of people who think this trend won’t continue. could be! The latest real estate figures show that property prices in Adelaide are still going up and are likely to go up even further. If you’re interested in taking advantage of this unstoppable property boom in Adelaide, now’s your chance to find out more about how you can best take advantage of it!

Why are we in boom times?

In one word, Competition. According to CoreLogic data, Adelaide’s property price rose by 1.8 percent in May to a median price of $628,744. And I am pretty sure that Adelaide will continue to be the strongest market.
We have seen a huge shift from the 2021 Adelaide property market. This follows expectations of sharply higher interest rates in 2022, which will eventually make it difficult to buy a property at the existing prices. But looking at the market, there is a continuation of the house price boom in Adelaide.

Aussie buyers hit again!

Buyers are extremely active and still looking for their desired home to put money upfront, moreover, the federal Labor Government has proposed an opportunity for buyers under the ‘Help to Buy scheme‘ which will be launching in July – helping many more South Australians to purchase their first home with as low as 2% deposit with 60% as the source of finance and 40% co-funded by government, opened 10,000 spots for the buyers to get into homeownership.

Probably it will release some tension among the buyers and make it affordable to purchase houses in Adelaide.

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Will Adelaide’s Property Prices Take a U-Turn?

By Rishabh Dhall

20th May, 2022

Property values in the South Australian capital of Adelaide are rising quickly, while this news would make any property owner’s heart skip a beat, it also raises questions about how long these price rises will continue.  Nationally Adelaide is leading in property prices. Now the question is will Adelaide’s property prices take a U-turn?

What does the future hold for property prices in Adelaide?

For now, there has been speculation about an impending cooling in Adelaide’s property market. New data from ANZ Bank indicates that values have risen by 1.9 percent over the month of April. What we can see, although prices remain high when compared to 12 months ago but the market is loosing its growth momentum. What we can see now buyers in the Adelaide property market are taking cautious steps and taking time to buy an ultimate desirable home in South Australia.

Should you still buy now while interest rates are low (and will it go up eventually)?

The Reserve Bank’s decision to increase the cash rate by 0.25 percent earlier in May was met with great anticipation of its effect on property prices. ANZ’s predicted 11 percent decline by the end of next year caused many people to reconsider whether now is still the right time to buy into an already expensive market – even with interest rates at their lowest levels ever and expected to rise “sometime soon”. If you look at the Adelaide property market, there is something else about it. Property value in Adelaide and Houses for sale in Adelaide are rising and at the same time, rental properties in Adelaide are under a microscope.

Conclusion. Maybe I shouldn't buy after all... yet... but here's why I still think it could be worth taking the plunge.

By looking at the figures, the rise in interest rates could have detrimental effects on the housing market. I’m not saying it’s going to crash, but market will go under correction phase. 

For now, if you’re looking to sell your home in 2022 or 2023, you still have a chance to secure good profits as the buyers in the market are still actively looking and ready to put their offers. Overall, prices still seem like they could be rising—the big question is when and how long will these rises last?

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Truly Unprecedented: Adelaide’s House Price Boom Shows No Signs of Slowing, but a Rate Hike Could Shock the Market

By Rishabh Dhall

6th May, 2022

How long will this truly unprecedented house price boom last? With interest rates starting to show their true colours, many South Australian are wondering will it be a positive outlook for the Australian property market. It could be a shock that the Adelaide housing market can see downtime in terms of affordability.

Key takeaways...

While recent RBA decisions to increase interest rates haven’t caused property prices to fall across Australia (yet), experts are saying that we could be approaching an inflection point where mortgage rates might make property ownership too expensive for many Australians. In South Australia, these concerns seem particularly relevant—with mortgage rates currently at their lowest level in decades. Potential buyers should keep an eye on rate increases and factor any potential changes into their decision-making process.

The basics....

If you’re thinking about selling your house, now may be a good time to do it. Real estate in Adelaide has been going through an unprecedented boom—but any bubble can burst. If you’re expecting to sell your house at significantly more than you bought it take advantage of the situation now.

What does this mean for buyers?

While increasing sales are good news for sellers, it could mean that buyers will have to wait in long lines for popular properties. Adelaide property market prices continue to skyrocket despite lending standards becoming tougher in recent years. Recent months have seen vendors commanding high asking prices and achieving quick sales which may be contributing to increased levels of competition between buyers.

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Adelaide Real Estate Market- Is It Going in The Right Direction?

Adelaide Real Estate Market- Is It Going in The Right Direction?

By Rishabh Dhall

26th April, 2022


Adelaide property market has experienced record levels of demand in March as view per listing went up by 2.9 % MoM changes and 64.6 % higher than this same period last year.

Should I sell my house now?

Why wouldn’t you? Adelaide property prices are on an upswing, interest rates are still low and hopefully, it won’t increase drastically, and there’s little supply of property on Adelaide’s market. Additionally, it looks like there’s already a lot of interest from buyers in South Australia; last month we have seen more than 1250 people looking for houses so, definitely worth selling!

Demand for property in Adelaide hits record high

We have seen huge traffic on our, according to recent media reports, property markets in Adelaide are moving at a blistering pace. Property experts warn that while activity and prices in Adelaide have been driven by underlying economic drivers, they expect prices to continue to rise as a further increase in interest rate will put pressure on households’ purchasing power.

Will house prices drop in Adelaide?

Like most things in life, prices tend to fluctuate— and that’s exactly what we’re seeing right now. Australia is in a property market rise at present, as RBA hints at an interest rate hike being brought forward which means property prices are expecting prices to drop. A lot of people are concerned about buying property in Adelaide, especially if they have high mortgages. But looking at the current market there is no stopping – The rising house prices have not deterred house hunters with properties continuing to sell fast.

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Adelaide House Price May Have a Slight Dip

Adelaide House Price May Have a Slight Dip

By Rishabh Dhall

8th April, 2022

South Australia home sellers may be in for some good news, as the latest sources, predicts that house prices in the state are set to decrease slightly. As this will make a great time to list your property. Listing your home on the market before this price dip can help you maximize its value and your selling power during an already vibrant time of year for real estate sales in South Australia.

Think again!

Are we seeing a downward trend?

Adelaide property prices have been on an upward trend for the past couple of years, but it looks like they’re starting to level off. It seems that these prices will slightly go down as the RBA kicks the interest rate. Adelaide is fast becoming one of Australia’s most desirable capital cities, recording the fifth-highest increase in house price values in 2021.

Sellers in Adelaide are taking advantage of peak conditions resulting in more properties listed for sale making it almost 50 % MoM in January.

Ways to make your property more attractive for potential buyers

Be vigilant about making improvements to your property. As mentioned in our previous post on selling your home, minor improvements can help you sell your property for more money. contact one of our agents at Onyx Realtors to know an effective campaign for selling your home. Click Here.

Home Valuation Report – why is it important?

Having your property valued accurately is one of the most important things you can do when selling your home. We will provide you with an independent, unbiased report that is tailored to your needs and specific home. Call us on 08 8293 8888 to learn more about our services or get an instant free home expected value for your property:

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Strong Selling Adelaide Real Estate Market

Strong Selling Adelaide Real Estate Market

By Rishabh Dhall

1st April, 2022

If you live in South Australia and are looking to sell your home, you’re likely wondering if this is the right time to do so. If so, you’re not alone; many homeowners in the area have asked themselves this question over the past several months, which has proven to be some of the strongest on record for real estate sales in Adelaide. Luckily, recent trends indicate that now will be the right time to sell your house in Adelaide or elsewhere in South Australia if you’re looking to take advantage of today’s market conditions and sell quickly, have a chat with our sales partner today: Book An Appraisal

Is it a good time to buy a property in South Australia?

There’s no doubt that Adelaide’s property market is one of the best performing in Australia right now. According to the RP data report, South Australia has seen its median house price increase by 21.2 % over the last year. The number of people investing in new properties is growing steadily as more investors are drawn to our capital city from all around Australia and from offshore. So, there is no doubt that selling your property in Adelaide right now will be the best decision you will make.

Advantages of Selling Your Home When It Is in Peak Condition

Of course, sellers want to get as much money as possible for their homes. When it comes to selling a house, timing is everything. Selling during peak season means you will likely sell your property faster and for more money than if you waited until next year or down the road. A smart seller will know when his or her property is in peak condition before offering it up for sale. When Is Peak Season in South Australia?

Hiring the right agent to sell your house will make all the difference

If you’re thinking about selling your house, it’s crucial to make sure you have an agent who knows how to sell your property. Hiring a real estate agent is similar to hiring an accountant—you want someone who understands exactly what you can achieve out of your property. The right agent will tell you the right way to sell your property by delivering the right marketing campaign, amazing sales tactics which will eventually fetch you a top dollar figure for your home.
See how we do it….

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The Price of Adelaide property market is Rising

An interesting trend has emerged in the Adelaide real estate market; over the past year, the Adelaide house prices has risen 14% or more on average, while at the same time there are more homes listed on the market than ever before. This means that now might be the best time to sell your property in Adelaide and lock in this new high price point before things go back to normal and prices go back down. To learn more about selling your property now, get in touch with us here at Onyx Realtors.

Better news for sellers

Adelaide house prices has risen! it seems as though we are looking at a great time to sell your property. We currently have more listings than we did last month, still the prices can be achievable, even more than $50,000. If you need some help selling your home quickly and for a good price, contact our office today.

Sellers are on the winning side

Prices in South Australia and Australia-wide have seen a continual rise since late 2019. In fact, research from CoreLogic reports that house prices increased by 25.8% compared to previous year. With mortgage rates still at all-time lows, more listings and price rise around every corner, sellers have become more confident about selling their property now rather than waiting it out until next year. Hence, we at Onyx will be busy getting homes listed as soon as possible to sell before prices go up even further.

List your property now!

If you are thinking about selling your property now, you may want to consider setting a realistic asking price of your home for sale. More real estate for sale means more potential buyers and a higher chance that your property will sell quickly. This way, you won’t be stuck with a home that doesn’t sell for months on end. Contact us today to get the best possible price for your property from real estate agent.

Adelaide property market update: Measures of buyer demand remain strong.

The Adelaide Property Market Is on Fire

You might be thinking it’s too late to sell property in Adelaide, but the data suggests otherwise. According to the latest report from the Real Estate Institute of South Australia, measures of buyer demand remain strong, especially when looking at total sales, turnover, and new listings. If you want to sell property in Adelaide, now may just be your best chance yet!

What are buyers looking for?

The biggest trend we’re seeing in the property market is buyers with specific price points, not just properties. This year, more than ever before, we’re seeing buyers who are looking for specific styles of property (for example, a modern kitchen or open plan living). Overwhelmingly (pun intended), buyers also want to find a property that meets their needs—or can be easily transformed into what they need it to be. Moreover, we can’t deny the fact that we are still seeing FOMO amongst the buyers. So, if the seller wants to get a great buck on their investment, this is the right time.

Adelaide market trends.

If you’re selling a property in Adelaide, now is clearly a great time to do so. But should you sell right now? Or should you hold off and wait for further gains? There are plenty of trends that indicate that sellers who get into it now will be able to sell quickly and profitably (including being prepared, knowing how to avoid common traps, and using cost-effective marketing tactics). Contact our sales partner to know the best value for your home.

Analysts predict it will continue its upward trajectory.

Recently, several analysts have noted that—despite concerns regarding an Australian property bubble—the Adelaide property market is still very strong. According to Prop Track Listings Report March 2022, new properties listed for sale on in Feb were up 16.7%, which is 9 % higher than at the same time last year.

By looking at the market, I can certainly say, the property market will provide greater benefits for sellers as this is the right time to come into the market till the market gets mature.

More people than ever want to sell property in Adelaide Now

The reason more people are selling properties in Adelaide is that prices are achievable. The average house price has soared to $515,000 in 2022—almost double what it was just three years ago, meaning that, while selling conditions look set to remain strong. The sellers are getting more prices for their homes in Adelaide. As the Interest rates are likely to rise later this year, which may start to cool buyer appetite.

How to kick start your property investment journey in Adelaide?

Investing in property can be extremely lucrative, but it’s also incredibly daunting to start with – there are so many things to consider, such as the type of investment you should make and whether your financial situation is suitable to deal with these sorts of decisions. But don’t worry, if you’re getting into the property market for the first time, this guide will walk you through all these considerations and more, so that you know what to do when you’re ready to go through with your investment in Adelaide property.

Where to Start

There are so many avenues and opportunities out there that it can be difficult to know where to start. So, we’ve prepared a little handy guide on what you should do if you’re thinking of getting into property investment and hope that it helps. But remember, there is no one right way.

How much can I afford? And how much will it cost me? A great place to start your planning process is by working out exactly how much money you have available for investments, as well as spending and lifestyle costs.

What Are Capital Gains Tax, Depreciation, Income Tax, and Division 7A?

While income tax generally refers to tax paid on an annual basis, capital gains tax (CGT) refers to any profit earned from selling your assets – including property. But what is CGT? And how does it work? In Australia, CGT applies once you have owned and used an asset for a minimum of 12 months. When you sell that asset at a higher price than when you purchased it, you pay tax. Before we begin discussing CGT in more detail, let’s first consider two other important terms: depreciation and Division 7A. Division 7A allows taxpayers who use the property as their business or trade to claim deductions for ‘expenses’ associated with owning or running that business or trade.

Should I Buy or Lease My Property?

When buying a property, there are three main ways of financing it. You can finance it through a loan from your bank (using savings or by taking out a mortgage), you can use the equity in other assets you own, or you can try and buy for less than what it’s worth – known as ‘buy low, sell high’. This third option is called equity sharing. Think of it as getting someone else to share any potential increases in property value with you.

Tips For Finding A Good Rental Home/Investment Property

Finding a good rental property takes a bit of time and patience. Once you know what kind of properties you’re looking for, it’s time to get looking for them! Set aside at least an hour or two every weekend to drive around your desired neighbourhood. If a house looks nice from the outside but doesn’t have any indoor amenities such as heating or air conditioning, don’t rent it!

Risks And Rewards of Investing in Real Estate

There are several risks involved when investing in real estate. The biggest one is simply location: Is it a good area for investment? It’s important to look at these risks and weigh them against your goals. Are you looking for something that will let you $5,000 a year (or more) on average? In that case, market risk won’t matter as much as you think—if it’s not a complete disaster.

Adelaide Property Market Update: Huge Spike in Listings

When it comes to buying and selling property, timing is everything. Adelaide’s property market has recently experienced a huge spike in listings, which means that the time may be right to sell your property or list one of your homes if you are planning on moving soon. These trends can help inform you about what’s going on in the property market and how you can take advantage of these opportunities to make sure that you get the most money possible for your property.

The local Adelaide real estate market is booming

Not only have home sales doubled over last year, but listings have spiked too. It seems everyone is ready to jump on board—or get a piece of that action! If you’re looking to invest in property, Adelaide real estate could be your next step. So, what do you need to know about getting started? 

There’s been a huge spike in property listings in Adelaide and prices are going up to the roof. This doesn’t mean that your home is worthless, but it may mean you should sell sooner rather than later. Our team at Onyx Realtors are experts at pricing properties correctly—we can help you decide what price point to list your home for and advise you of any necessary improvements to make it more attractive to buyers.

Improve Your Home Appeal

If you’re ready to put your home on the market, it makes sense to be a bit proactive about improving its appeal. Start by decluttering. You may be tempted to hold onto items because they’re special—but if your stuff doesn’t add value or meaning to your life, you should let it go. Clear off countertops and empty bookshelves; make sure storage areas are neat and organised and get rid of clutter wherever possible.

So How Do I Sell My Home Now?

If you live in Adelaide and are thinking about selling your home, then now is a great time to do so. The real estate market has seen a huge spike in property listings, which means now’s a great time to get top dollar for your home. Whether you’re considering selling or just want to know what current conditions are like for potential buyers, there are some things you should know about the Adelaide property market.

Sellers are making buzz in real estate market in Adelaide

Sell your home Adelaide – this phrase can be seen everywhere in the media in the last few months. So why are so many property owners deciding to sell their homes? Are they afraid of the consequences of owning real estate after the changes to negative gearing and capital gains tax, or do they just want to finally cash out? And what about all these For Sale signs, do they mean that property values are falling or that the housing market is picking up? We look at some recent data, as well as some important factors you should consider when selling your home in Adelaide.

There are many reasons why people decide to sell their home

it’s too big, too small, they need to downsize or they’re simply tired of it. But what is causing more and more people to put their homes on the market in Adelaide right now? It could be one of three key factors. They could be selling up because… as the rise in the interest rate will impact negatively on some homeowners, the expected prices would be difficult to achieve. Slowly the market will turn from panic buying to panic selling.

The property market in Adelaide

The property market in Adelaide has seen a significant boom in sales activity. This is due to various factors including low interest rates, population growth, and high employment, which have increased buyer confidence. Real estate prices in Adelaide have climbed up and views per listing have increased by a whopping 58 per cent, making it one of Australia’s strongest capital cities for price growth.

A motivated seller and buyer can save thousands on a property transaction

Though you may think that a motivated seller and buyer will be bidding against each other they can help each other out by improving their offers. There is no perfect time to sell your property. You can put it on sale now or next year; people need a place to live now, regardless of seasonality.

What are you waiting for, move quickly to take advantage of all the great deals available now?

If you have been thinking about selling your home, now is a great time to do it. Why? Well, it’s always a good time to sell if you have an active buyer market such as Adelaide. At present, there are over 400 buyers registered on our platform and we expect those numbers to keep growing. That means hundreds of potential buyers waiting for homes for sale in Adelaide – just like yours!

More number of homes listed for sale in Adelaide Property market 2022

Adelaide property market sees more homes on the market.
A new report shows Adelaide property market sees more homes on the market. The number of listings has risen whopping 34.21 per cent gain. This might indicate that selling your house in Adelaide may be easier than ever before and this is nothing like we have seen before. What do you think about this? Do you think it means more people are selling their houses to buy new ones? Do you think it means more people are selling their houses to move interstate or overseas?
The total volume of sales this quarter approached 8,000 which is an extraordinary result for South Australia.

What’s happening in the Adelaide housing market?

According to the report, number of new properties listed for sale on were up 49.4 per cent, month on month, in January 2022, which is above average in recent years. There’s a lot of demand for properties under $1 million – we’re seeing first home buyers back in the game, looking at those entry-level properties close to jobs and schools.

What does this mean for sellers?

With no lockdowns on the immediate horizon, selling conditions are likely to remain strong over the next few months. The increase in listings can be attributed to the fact that homeowners are very keen to sell given the price growth.

Why are we seeing an increase?

The Adelaide property market is seeing an increase in sales due to a number of reasons. First, there are a lot of interstate buyers who have already purchased and relocated, and they’re coming back to Adelaide to purchase another home as an investment while they live at their overseas residence. As per the, House-hunters across Adelaide had more options in January this year compared to last with an increase of 10.2%. The local house prices are increasing and pushing the boundaries but people are still interested and that’s a really amazing news in terms of economic development and future planning.

So, you’re considering selling your house and want to know the best time to do it?

How do you choose the best time to sell your house? How do you predict the property market? Should I sell my house now or wait? Who are the property experts in Adelaide? These are just some of the questions you might be asking if you’re considering selling your home and want to know how to make the best decision possible.

Should you buy that investment property this year?

There’s never a bad time to buy real estate. The question is whether now a good time for you is. Historically, property in Adelaide has always had its ups and downs, but if growth over long periods of time continues, we also see increase in price for rental property in Adelaide – there’s no reason why 2022 should be any different. It’s also worth noting that Adelaide property prices have been growing strongly.

What are experts saying about the property market?

The property market can be a fickle thing, but there are Adelaide house prices trends that will continue in 2022. Adelaide is growing in popularity, with several projects underway to bolster both residential development and employment opportunities, houses for sales Adelaide will increase this year. If you’re thinking about selling your home, now might be an opportune time! But what does all that mean for property prices in Adelaide?

Will it be a buyer’s market in 2022?

Remember property prices are cyclical, meaning they’re likely to be very different in 2022. But just because there will be a lot of buyers for sellers’ houses doesn’t mean it will be a buyer’s market. It is still reasonable time in Australian housing market that the houses for sale Adelaide will touch its peak before it becomes stagnant next year. Effectively this is time to align your real estate goals that step into the market.

Adelaide housing market update: How do I know if it’s a good time to buy property in Adelaide?

If you’re looking to buy real estate in Adelaide and wondering whether it’s a good time to do so, the answer is yes!

Will house prices drop in Adelaide in 2022?

For anyone that wants to get into real estate, one of their first questions will be, When is a good time to buy. The simple answer is: There’s never really a bad time to invest in property, but there are better times than others. yes, there will be a slight drop in the Adelaide real estate market in 2022. As per the major banks, the house prices in Adelaide are tipped to rise by 6% for 2022. So, nothing to be worried about the price will remain at its peak but there could be a decline in the growth.

Is Adelaide a good place to invest?

The state of South Australia is becoming an increasingly desirable place for investors. With increasing employment opportunities and stronger economic growth, Adelaide property prices are expected to rise over the next few years. However, if you’re considering investing in Adelaide real estate or buying property there, here are some suburbs you should consider.

What is the nicest suburb in Adelaide?

The third most liveable city is Adelaide, Australia in the world, and everyone should at least visit once. It’s beautiful, clean and they have an amazing waterfront district called Victoria square with great restaurants and bars. One of my favourite things about Adelaide is how nice all their suburbs are, which made me wonder:

There are a few of them:

North Adelaide, Henley Beach, Glenelg, Prospect, Bowden.

Is the Australian housing market going to crash in 2022?

It is all but certain that another housing bubble will burst. The only question is when. However, by knowing some of its tell-tale signs, you may be able to brace yourself for what’s coming and protect your assets. As per the big banks like CBA predicting the stagnant growth in the house prices in 2022 before it drops in 2023 by 10%.

So, the Adelaide property market is red hot right now. So, if you are looking to sell, this is the time to get the right opportunity in this opportunistic market.

Adelaide housing market update: In 2022, Adelaide is booming

Adelaide has undergone massive growth in the previous decade, with real estate prices skyrocketing and capital invested in all kinds of infrastructure to help facilitate this boom.

But where did this boom come from? What made Adelaide the place to be? How will life be in 2022 for those living in Adelaide? Let’s look at this city’s housing market and what makes it so appealing that more and more people keep flocking to the city every year.

What should you do if you have a home on the market right now?

The best thing you can do if you have a home on the market right now is to ensure that it stands out from other homes in your neighbourhood. That’s where we come in. We are experts at selling homes quickly and we have helped plenty of customers sell their homes fast in Adelaide. Call us today for more information on how we can get your home sold!

Should you rent or sell?

Make an informed decision with a home market update. Our latest Suburb Report covers your suburb and gives you key information on how many homes sold there in 2021 and how much they sold for. It also examines broader trends in Adelaide’s property market. This gives you invaluable data so you can make better decisions when it comes to selling or renting your property. We reveal areas that are experiencing growth and decline, allowing you to see whether buying or renting would be best for your investment goals.

Get Home Expected value without any wait:

Where should you live?

This question can be tricky because it’s very specific to you and your needs. Factors like commute time, proximity to family or friends, safety and convenience should all factor into your decision. No two markets are exactly alike—looking at rental rates will give you a good idea of how tight supply is in your neighbourhood compared to others.

How your real estate agent makes difference?

If you’re looking to purchase or sell a property in Adelaide during the next decade, it’s important to work with a real estate agent who has experience and knowledge of long-term trends. For example, if you want to buy now with an eye on moving up in ten years – one strategy for creating wealth – your real estate agent can help you identify properties likely to appreciate significantly over time.

Prices continue to rise through the first half of 2022 but at a slow pace.

Expected property price growth to moderate in the first half of next year, but 2023 would see a drop and the house prices would drop by 10 percent over 2023 as the RBA takes the cash rate to 1.25 by the third quarter of that year. The current official cash rate is 0.10 percent.

CBA’s head of Australian economics

As we can see the market is slowing down, but the growth rate is still above average.

We would also see what affects the market and why the market is slowing down at the pace of growth.

  1. Over the recent months, we have seen that the market is losing its strength on the factors that have been doing great in increasing the housing value.
  2. Fixed mortgage rates are going up, and the higher listing is taking some urgency away from the buyers.
  3. Surely, credits are less available, and affordability has become a concern and a more substantial barrier to entry.

There is no denying that the stock level is rising at a faster rate, and buyers are also getting confidence towards the purchasing of the property.

We will see more listing coming on the way and continue to rise, which would eventually slow down the capital growth.

The prices which were touching the roof have finally triggered alarm to many financial institutions like RBA, CBA, and ANZ.  We can expect more constraints which will stabilize the market and will prevent financial threats.

Now the question is How much could borrowers save on their home loans when interest rates rise by making extra repayments now?

To learn more about this, attached is the case study, that will give you an idea of the same.

Vendors are seen as the biggest winners in the Adelaide real estate market.

Adelaide has shown the record-breaking median house price with 13.82% YoY and about 3.7% increase from the previous quarter.

Adelaide real estate continue to be a momentous consideration for many homebuyers and investors looking to buy houses in Adelaide.

This is the time to take advantage as you will not find the same market moving forward in the new year.

High rental yield and strong capital growth is what is dragging potential buyers and investors to put their bucks on Adelaide real estate market.

But as we move forward, we can expect the affordability constraints will start to bite. Especially with the First Home Buyers.

According to ANZ, “the double-digit gains in house prices over the past year won’t be repeated in 2022, with recent weakness in housing finance suggesting price growth will continue to ease over coming months after peaking in March.

Home loan interest rates in Adelaide is currently at 0.1 % and it’s expected that the RBA “hold” this until the first half of 2023.

However, fixed interest rates are already rising.

A faster than expected rise in the interest rates will increases the risk and the prices slow more than we currently expect.

For example, you submit for a home loan with an interest rate of 2.5 %, the bank will assess if you can able to make repayments if the interest rate rises to 5.5 % rather than the previous serviceability notion of 5 %.

So, the home loan borrowing power for the average borrower will reduce by around 5 %.

You can only buy property once, mistakes will cost you a lot, even can change the pattern of the monetary path you are already on, you can end paying for one single mistake for many years to come. So, you must look at your affordability and align your goals accordingly

The dream of many Aussies is gradually going out of reach because of sky-high property prices.

House prices have become so unaffordable that more and more first home buyers are being locked out of the market.

House prices have become so unaffordable that more and more first home buyers

are being locked out of the market.

The dream of many Aussies is gradually going out of reach because of sky-high property prices.

Huge thanks to Daniel for shedding some of his expertise and knowledge and providing us an outlook in our last episode of What expert thinks- if you missed out check the link :

Earlier this year, low-interest rates, the fear of missing out (FOMO) accompanied by low supply drove prices in every Australian capital city to an extent which we haven’t seen in the past 8 years.

According to Reserve Bank of Australia Governor, “Philip Lowe on Tuesday ruled out an increase in mortgage interest rates in 2021 but opened the door for a hike sooner than the timeline it had set of not before 2024”.

I would say a few things will change the outlook of the real estate market in Adelaide and will bring the positive aspect toward the property sales in Adelaide.

1) Opening of the borders.

2) Return of immigrants may provide a source of support at some point,

Combining these factors with the subtle tightening of credit assessments set for

November 1, we can see that the prices will get stabilise as the market moves forward and getting the ‘dream’ property for First Home Buyers will be achievable.

Now, few sellers are holding off on listing their property for sale as they are scared that it would be difficult for them to move to the next one as the supply in the current real estate market is very low.

As the market gets balanced out in the coming months, we could expect more sellers will feel confident in listing their homes for sale.

It’s very simple – More listings mean more choices for buyers and less stress on their purchasing decisions.

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2021 Has Delivered Unbelievable Growth Across Australian Real Estate Market

That made me think….

 Is it the right time to take advantage of current selling conditions so that you can move into the next phase of your life?

 Or should you wait and see if prices continue to increase?

 That leads to another question….

 Will it be more expensive to purchase your next property?

Let’s explore the current real estate ambiance and what could be the pros and cons of waiting versus selling now and what the real estate market will provide us till the first quarter of 2022.

For sure affordability is a big one. Many buyers have faced this year’s double-digit gains.

It’s expected that the Fear Of Missing Out (FOMO) seen in 2021 will be cooled off by prices reaching unattainable levels.

Let’s address some question which has been unanswered for a while.

What do you think about the current real estate market in Adelaide? and what could be the scope of property market for the year 2020?

I feel that the market is very hot now with some buyers being priced out of the market. Good time to sell and a hard time to buy. I could see trends of property prices increasing in 2022– however, as of today, the 1st of October lenders are increasing their sensitivity rate which for the consumer sees borrowing capacities reduce. Fixed rates have also been increased with some of the major lenders – which could indicate perhaps the property market easing up a bit.

What challenges do buyers face in real estate transactions nowadays?

In today’s market, we are seeing more and more clients wanting pre-approvals. This is due to a lot of properties going to auction now. In a market as hot as it is currently, we can on occasion see an issue with a client purchasing a property over and above the bank’s valuation figure and needing to come up with extra funds at short notice to ensure the purchase goes through, and they don’t lose their deposit!

What could be the possible reason that can hinder the chances of home Loan pre-approval?

Getting the right advice is key to getting approval – Organise a pre-approval, understand fixed and variable interest rates and how they can work to your advantage, deposit requirements, and borrowing capacity. It is important that whoever is assisting with your lending requirements understands your goals to give you the right advice.

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Adelaide’s property market is among the country’s most profitable capitals.

Latest Pain and Gain report, “94.6 percent recorded in the June quarter sold for more than their previous sale price, totalling $1.08 billion in profit”.


It is not new that Adelaide is coming up with a very strong presence over the past year and still seeing strong demand for large family homes.

Because of the strong demand amongst the buyers showing popularity in the northern suburb with current houses for sales in Adelaide depicting relatively affordable housing prices.

We’ve also noticed an increase in activity in our Onyx Exclusive hub, which provides registered members with VIP access to properties before they hit the open market. And these properties you would not find anywhere else in the market including, soon more opportunities are coming up in the way so stay tuned.

The shortage of good properties on the market is seeing properties selling quickly with minimal discounting.

Join Onyx Exclusive Hub Now:

We have also introduced a best-in-class system that will enable you to know your home expected value in just a second.

Simply, send us a message with your suburb name or scan anywhere you find us signboard in your neighbourhood. And get access to all the information you would require knowing your home expected value, so without any wait ‘let’s get started’.

Access Your Home Expected Value Now:

Overall, such a high level of profitability may start to encourage vendor participation and increase their confidence.

Adelaide Property Market growth has been very consistent over the past six months.

As vaccines are on the move and thresholds are reaching, we can hear more about the re-opening of the international borders from the next month.

We can also see the opportunity that our real estate market in Adelaide is providing with driving at a faster annual pace since 1989.

Property value in the Adelaide property market has climbed almost 20% in the past year. Crazy demand and limited stock are the only factors making the prices in the Adelaide property market to the roof.
Having 1.9% growth just in September with the median price of $529,376, we can certainly say that price is unstoppable in every region of South Australia, especially in Adelaide metropolitan.

We can say the growth has been very consistent over the past six months.

It was surely evident in March, where the national property prices increased almost as close to 2.8%, from there the growth condition were positive.

Having an increased price in the home dwelling will soothing the seller side of the market but this rise is affecting some segments of the market, especially first home buyers due to the low level of existing stock which is not enough for hungry buyers. This increase in house value faster than the household income has become more challenging for the market.

As the competition level in the market is already getting heated up and the property available for sales is limited but the increasing demand from interstate is keeping the market red hot.

Normally what happens is people come here, do their education, and then move over overseas, but now they have no plan to move as they want to stay over here, want to enjoy all the benefits and commendable efforts towards COVID-19 situation in this third most liveable city in the world.

Nowadays, properties that were making $550,000 are making $620,000. And the properties that were made between 1.3m and 1.5m are now making 1.7m to 1.9m.

By looking at the overall conditions I truly say this will be the best summer ever.