Also with a median house price of $1,760,600, Tennyson is a beachside suburb, well north of Henley and Glenelg Beaches. 4.1 (44) Structural . It is also the fifth most expensive home sale for the year, according to realestate.com.au. 3. 5 Scott Creek Rd, Heathfield sold for $4.1 million. 23 Wootoona Tce, St Georges $6,080,000, 23 Wootoona Terrace, St Georges. World . The house is located among some of the most elegant homes in the city along a popular promenade, offering a high level of privacy. Theres been a steady rise in buying activity in this highly-regarded suburb over the past 18 months. Samuel James Homes. Unley Park has a median house price of $2,034,300, with SQM data showing house prices as high as $2.1 million in December. 4 bed, 3 bath, 2 car. It has been one of the markets most resistant to recent downturn pressures. 38a Wentworth Road, Vaucluse, NSW - $63M. Adelaide is the cheapest place to rent in Australia but Melbourne renters are also winning as prices have barely increased in the past 12 months. 2. Consider the product disclosure statement before making a purchase decision. We sold five homes just last week with prices over $5m but we didnt disclose that, Mr Williams said. Explore our stunning collection today. The property is set on a 4,346 sqm block with a pool and tennis court. Kensington Gardens is east of Kensington Park, and just west of the Penfolds Magill Estate Cellar Door, a popular tourist destination for both wine and fine dining. Affordability and proximity to major employment zones are boosting demand, while investors are attracted by the low prices, high yields and low vacancies. Adelaide saw property prices add some $10,000 a month across the remainder of 2021 and most of 2022. 20 Fitzroy Tce, Fitzroy sold for $5.55 million. Paula Thompson. The mansion was built in 1889 and offers 740 sqm of living space across 13 rooms, six of which are bedrooms. 2 min read. When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. It sits between major retail/commercial nodes at Golden Grove and Salisbury. ^Monthly repayments based on a loan amount per the median property price less the applicable deposit amount, the average variable interest rate, and monthly principal & interest repayments made over a total loan term of 30 years. Canstar provides an information service. According to the realestate.com.au, 34 South Esplanade in Glenelg South sold for a verified $5,100,000. Adelaide was beaten by places like Istanbul, Miami, and Riyadh. At a discount of some $4,000, the median price for Hazelwood Park is $1,712,000. Asking prices have ben on the up, with a recent high of around $1.3 million. 8. 19 Statenborough St, Leabrook sold for $8 million. 444 Hawthorn Road, Echunga sold for $2.7 million. With five bedrooms, four bathrooms, and a garage for six of the suavest sports cars, it transcends its smug surroundings. That has resulted in increased demand for luxurious properties, Mr Williams said. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. before it was updated, as part of our (Source: Getty) 3. READ MORE: Rupert Murdoch's nephew lists Armadale mansion. Asking prices were as high as $2.1 million in November last year. Stormont mansion at 14 South Esplanade, Glenelg sold for $6.5 million. The building also houses a private penthouse located on two levels, levels 43 and 44, with a rooftop pool and terrace which is accessible by a one-stop private lift. Sponsorship or Promotion fees may be higher than referral fees. Maria Bekiaris Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. Pic: supplied, 2. 10 Porter Street, Parkside. It's south border runs along the Adelaide Park Lands, minutes away from the CBD and walking distance to the North Adelaide shops. 30-34 Hall St, Semaphore $2.625 million. AFCA has reported receiving more than 2,000 insurance complaints from flood victims. And keep reading to find out the richest Adelaide suburbs following Medindie. 14 South Esplanade, Glenelg $6.5 million. When it comes to houses, the most expensive suburb to buy into is the leafy and upmarket suburb of Vaucluse in Greater Sydney, with an . Further to this, we were also able to design, market and sell a House & Land Package for over $8,000,000 and the property wasnt even yet built. After many years of flying under the radar of property investors, Adelaide is no longer an underrated market. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. It comes as no surprise that the suburbs in the postcode, including: Andrews Farm, Blakeview, Craigmore, Gould Creek, Humbug Scrub, One Tree Hill, Sampson Flat, Smithfield, Smithfield Plains, Uleybury, and Yattalunga, do not feature on the most expensive suburbs list. 3. This is a paid advertisement. Read more reviews. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. This article is not intended to provide and should not be relied upon for legal, tax or accounting advice from Canstar. Not only does this property support a lifestyle often sought but seldom found; the grand scale of construction makes such an offering irreplaceable in a market where building costs have skyrocketed., Grant Giordano, Giordano & Partners Principal, In essence, the replication for such grandeur, luxury and modernity is no longer attainable financially not to mention the two and half year build time.. Adelaides most expensive house for 2022 came with all the trimmings, including an indoor swimming pool and size car garage. Adelaides sky-rocketing house prices have been in the news all this year. Psssssst, you don't have to live in the most expensive house in the world to upgrade your home to look and feel like million bucks. Fortunately, the entire team is making its way to Adelaide for an event with the Aristologist team . For more information, read Canstars Financial Services and Credit Guide (FSCG) and our detailed disclosure. Distance: 4.2km from the CBDRent average: $135/week private room. The 10 most expensive cities around the world to buy property 2022; . Shortages of rental properties are common across Australia, but there is nowhere quite like Adelaide. The most expensive Adelaide house of the year was Ivanhoe, at 9 Edwin Terrace, Gilberton, which sold for $7 million in November 2016. 5 beds. ATHELSTONE, Australia 38 Tom Packer Drive. Buyer activity in Kurralta Park has doubled in the past 18 months and prices have surged. Located on a 1,443 sqm block, the house itself is a large 1940s solid brick and rendered two-storey residence, which has been updated over the years. If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. The fourth most expensive suburb in Melbourne, Brighton, is situated 11km away from the CBD. For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. What are the most expensive house sales in Adelaide? The Ellenberg Fraser-designed tower has a range of amenities, including a 25-metre swimming pool outdoor entertaining area and wellness centre. According to realestate.com.au, it is the third most expensive home sold for a verified sale of $4,500,000. The most expensive house sold in 2020 was a five-bedroom, three-bathroom beachfront home on the famous Henley Beach. Login. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. West Beach is a wonderful family friendly suburb located between Henley and Glenelg. 44 Church Terrace was sold on 25 September 2015 for $3,588,000. By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Realestate Conversation and Williams Media. The house is in a much sought-after residential area and given the high demand and low stock, we are not surprised it sold quickly, and for that amount, Mr Yuan said. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. Interest rates based on the average owner occupier, principal and interest variable rate for a loan of $500,000 as at 7 November 2022, for 80% LVR (5.25%). The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. The suburb is mostly comprised of St Peters College, with a retirement village on the western fringe of the suburb. The priciest house ever sold at auction in Australia, No. . For more information please see How We Get Paid. Since 2016, the number of houses for sale has never reached over five. Sponsored or Promoted products are clearly disclosed as such on website pages. Height: 75 m. Year of completion . A little further out than the above-mentioned suburbs, Royston Park has a median price of $1.71 million, and asking prices around the $1 million mark. 6 Farrell St, Glenelg South $3,720,000, 6 Farrell Street, Glenelg South. This beachside suburb sits just 20 minutes from Adelaide's city centre and lays claim to sparkling waters, a bustling foreshore and popular cafes, pubs and boutiques lining Semaphore Road. Two houses sold by him and his wife Stephanie Williams are among the top-sellers for the year. Elizabeth Vale offers all of that (vacancies 0.2%), as well as the Lyell McEwin Hospital, a shopping centre and extensive green spaces. We strongly recommend that you obtain independent advice before you act on the content. Any information or advice of this nature in this piece is provided by the guest author(s) or interviewee(s) alone, and not by Canstar. But whileToorak Gardens, Malvern, Glen Osmond, St Peters, and Unley are certainly prestigious suburbs, Mr Bowie doesn't agree that they are the most expensive. According to John Williams of Williams Real Estate, who has steered many million-dollar sales this year, vendors are pretty tight-lipped about disclosing final sale price. Median house prices for Medindie are around $1,886,400, with asking prices floating around the $1.1 million mark in recent times. The sale price is above the $6.2 million it transacted for in 2011. The suburb is bordered on the south by the River Torrens and is known for being home to many historic buildings, including St Andrews Anglican Church. "Sydney house prices have now fallen by 10.8 per cent from their peak in February 2022. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. The most expensive regions in Australia are: Victoria, Australia $6,020/sqft. So, while it may be Adelaide's most expensive home on sale today, considering what's on offer, 488-500 Yatala Vale Road may even be a bit of a bargain imagine what it would be worth if it were located in Sydney or Melbourne. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. An Artists Gallery-Like Villa in Ibiza, Spain, Designing a Kids Room With Practicality and Style, Palm Beach Is Still HotJust Take This Property Asking Three Times Its April 2021 Sale Price, Los Angeles Mansion Tied to One of the Citys Wealthiest Families Lists for $64 Million, Lil Wayne Sells Contemporary Miami Beach Home for $22.583 Million, An English Manor Lists for Only the Second Time in Two Centuries. 2. Adelaides most expensive house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list below. Along with the pool, the property has a long driveway and tennis court. It also comes as no surprise that major players are also setting their gaze on Adelaide, Canstars Rising Stars Report, powered by Hotspotting, put Adelaide at the top of its best city and region to buy in for 2023, beating 14 other jurisdictions including the state capitals, and regional areas. 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