Property prices for sale in Adelaide (South Australia)

The prices in real estate in Adelaide, in the South Australia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$487,808.67
Average price last 6 months
$966.17
Price/m² last 6 months
Average price per m2

The price per m² in Adelaide has increased strongly during the last 6 months. In December, the average price per m² was $282. In the following month the price per m² increased considerably to $562. The price for the following two months in (February, March) had a considerable increment of 124 %. The price per m² has had a considerable increase of 413 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $473 to $1,952.5 during April, and May.

Average price

Based upon to the price in Adelaide (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $256,256. During January the price went through a considerable rise reaching $376,806. During the following two months (February, March) the average price had a considerable increase of 140 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 186 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $742,442 they are 74 % more affordable than the average price for Adelaide. The properties with the lowest average price have 3 bedrooms, Their price is 59 % cheaper than the average. After that we have properties with 4 bedrooms priced at $296,721.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $216 / m², with an average $2,395 / m² price in Adelaide. The properties with the lowest average prices have 1 bedroom. They are 75 % cheaper than the average followed by properties with 2 bedrooms with a price at $401 / m².

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $742,442 it is 56 % cheaper than the average price in Adelaide. "Office" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Vacant Land". At a price of $398,171 it is 46 % more affordable than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $332 / m² followed by "Apartment" priced at $864 / m². "Office" is the most costly type of property with a $2,797 / m² cost followed by "Townhouse" with an average price of $2,481 / m².

Charts data
Average price May
Average price per m² May
Number of properties used in Adelaide
Number of properties used in region South Australia
$742,442
$2,395
1,864
20,076
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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