SA News and Market Updates

March 2024 update: Take a look at what's happening in the SA property market.
SA News and Market Updates

With home values now up 1.46% year to date, and 12.76% higher year-on-year, Adelaide is one of the country’s top performing markets.   

The PropTrack Home Price Index for February 2024^ shows Adelaide home prices rose 0.81% in February to reach a new peak median value of $709,000.   

The comparative affordability of the city’s homes has seen prices defy the significant increase in interest rates since May 2022. Low stock levels are also intensifying competition, with home prices in Adelaide rising at a fast pace in 2024.  

The trend of strong price growth was also seen across regional SA, where home values rose 1.09% in February, taking the median dwelling value to $423,000.    

^https://www.proptrack.com.au/home-price-index/ 

Find out what's happening across the country: