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Adelaide property prices hit new record

The median price for property in South Australia hit a new record. Properties in metropolitan Adelaide have hit a median $785,000 – a record amid skyrocketing rental prices, stubborn inflation and high interest rates.

REISA says the median price of a home in SA increased by 4.93 per cent on the previous quarter, and by 13.32 per cent on the same quarter last year. In metropolitan Adelaide, house prices rose by 3.29 per cent on the previous quarter, and by 12.14 per cent on the same period the year prior.

In tandem, the volume of sales across South Australia and metro Adelaide rose by 16.86 per cent and 21.40 per cent from the previous quarter.

The top-selling suburbs in terms of recorded sales in the June quarter were Mount Barker, Morphett Vale and Paralowie.

“South Australia’s real estate market continues to do astonishingly well despite the low supply of housing stock and the prevailing high interest rates,” she said.

ISSUE 312

Team

Shorland Director 0413519954

Shorland Director 0412523723

Oborn 0415173133

IanHarvy 0410638570

Shorland 0413907990

Parsons 0417171119

HarryShorland 0413780611

Tyson 0421194996

Lloyd 0451847425

0429134852

0417084333

0423050489

OURTeam YOURSUPPORT

818814

TheGatehouseatAldgate-1860

Yearsago,thischarmingstonebuildingwasutilisedasstaffquarters forthehistorichomesteadknownas'Prestonfield'.Itwasalsothe firstpointofentryforvisitorsandisnowknownas'TheGatehouse'. Ithasbeenowned,lovedandimprovedbythecurrentfamilyfor manyyearsbutthetimehascomefornewcustodianstotakeover thisuniquepropertyontheedgeofStirlinginthishighlydesirable locationintheAdelaideHills.

Macaulay 0427898141 kerry.macaulay@shorlandre.com.au

Stepintotherealmofpotentialandpossibilitywiththisepic masterpiece,wherethecharmofa1935stonebungalowintertwines withtheexcitementofmodernluxury.Currentlyintheprocessof beingtransformedintoagrand4-bedroom,3-bathroomresidence, thispropertybeckonswiththepromiseofyourowncustom masterpiece.Thehardworkhasbeendoneforyou,frommeticulous planningtoinspireddesign,offeringplentyofroomtoinfuseyour personaltouchandmakeityourown.

*currentlytenantedfor$460perweekuntil1/9/2024*

Lovedandcherishedbythesamefamilyforover20years,this foreverhomeisnowupforsaleinthepicturesquelocaleofAldgate South.Richinhistory,thisgorgeousresidenceisoneoftheoriginal cottagesonLeamingtonRoad,believedtohavebeenbuiltinthe 1930swhenmuchofthesurroundinglandwaspartoftheGibb dairyfarm.Atestamenttothisbygoneeraisthelargewhite mulberrytree,whichhasstoodproudlysincethoseearlydays.

WalkerStreet

Outrageouslycourageousyou'llbetransportedtoEuropewhere colouriscelebratedandawoodlotofdeciduoustreesprovidesthe perfectbackdropandprivacy.Setonagenerous2,984m2,relaxon thedeckorentertainfriends,completewithyourresident kookaburras,allwhilstenjoyingtheramblinggardensandpremium location.Cosyupbythefireinahomethatwillinspireanddelight yoursenses.JustashortstrolltoStirlingvillage.

Shorland 0413780611 harry.shorland@shorlandre.com.au

belle.ker@shorlandre.com.au

HistoricWesleyanChapel,C.1860,hasbeenrebornasamagnificent familyhome.Meticulouslyconverted,thisquarriedstone masterpiecenowboasts3bedrooms,2bathrooms,anda harmoniousblendoforiginalandmodernfeatures.Soaringceilings, acountry-stylekitchen,andacosyfireplacecreatewarmthand character,whileaspaciousextensionprovidesadditionalliving spaceandaluxuriousensuite.NestledinthewelcomingDawesley community,thisuniquehomeoffersacreage-stylelivingwith minimalupkeep,andisconvenientlylocatednearamenitiesand schools,witheasyaccesstoAdelaideCBD.

Tuckedawayattheendofano-throughroadinthehighlysoughtafterFlindersPark,thispropertysitsonanexpansive660sqm (approx.)flatallotmentwitha19.812m(approx.)frontageandno easements.Thequiet,residentialsettingbacksdirectlyontothe RiverTorrensandLinearParktrail,offeringstunningviewsofthetree scapeandnaturereserve.

Whetheryou'reenvisioningarenovationorredevelopment(STCC), thepropertyoffersamyriadofopportunities.Ideallysituated betweenthecityandthesea,andwithincloseproximitytolocal shops,schools,parksandpublictransport.

NestledamidsttheserenecountrysideofForestRangeinthe beautifulAdelaideHills,liesapicturesque26.9acreruralproperty. Currentlyofferingacombinationofproductiveorganicapple orchards,clearedspaceandstuddedgums;thepropertyoffersa myriadofopportunity.Whetheryouenvisionitasabusiness ventureoralifestylepropertyamidstthehills,thispropertyoffers theidealsettingtobringyourdreamstolife.

AcreHahndorfHaven

SecludedwithinHahndorf’sprestigiousacreageprecinct,this13acresanctuaryisimmersedinthefullnessoftheAdelaideHill’s famednaturalbeauty.

Beyondasweepingtree-lineddriveway,thissophisticatedfamily homesitsperfectlyto

Lot17RiseCourt

Getinquickbeforeyoumissoutonthisallotmentoranotherthat maysuityourneeds.

ChooseYourOwnBuildertobuildyourdreamhomeinthisbeautiful development. TheRiseofferspremiumbuildingallotmentsofallsizesinastunning environment.

ATrueTreeChange

MeanderalongEdmondsStreet,Macclesfielduntilyoureachthe end.You’llseeasignforSongbirdCottage-you’vearrived! Includinga4bedroom,2bathroommainhouseplusSongbird Cottagewithaloftbedroom,openplankitchen,meals/living, bathroom,plusaworkshopwithMezzaninestudio,aplayroom, doublecarportandfoxproofchickenrun. Macclesfield

Arenovatorsdelight,withexpansivehillsviews!

EscapetothecharmingtownshipofMeadows,wherean opportunityawaits!

Thethree-bedroomhomeisarenovator’sdelight,boastinglarge rooms,highceilings,andexpansivewindowsthatofferstunning countryviews.

Welcometothisnear-newsplit-levelhome,situatedonagenerous 1,073sqmallotment-amodernsanctuarythatcombinesspaceand styleforultimatecomfort.Withitscontemporarydesignand thoughtfulfloorplan,thehomeoffersbothpracticalityand sophistication.Theseconddrivewayprovidingrearaccessisa significantbonus,perfectforextraparkingorfutureexpansionwitha shed.

Superbly

Showcasing

Nestledonaserenecountryroad,just7minutesfromMountBarker, thisenchanting28-acrepropertyoffersablendofrusticcharmand modernpotential.Whetheryou'relookingtorenovateaclassic C.1960'sgemorenvisionbuildingyourdreamhomefromthe groundup,thepanoramichilltopviewsandexpansivequalityland provideanextraordinarycanvasforyourimagination.

Miller’sCorner

Asomewhatreluctantinterstaterelocationhasmeantthatthis simplystunning,architecturallydesignedhomeisaboutto

KarkooCottage-Circa1900

Acharmingstonecottageattheendofanothroughroadonalarge nearflatblock.Highceilingsandbeautifultimberfloorsfeature throughoutthehome,addingwarmthandelegance.Theupdated kitchenboastsbeautifulstonebench-topsandmodernappliances. Itflowsseamlesslyintothediningandlivingroom,makingitperfect forentertainingandfamilygatherings.Thereare3spacious bedrooms,themainwithamodernensuite.Keepwarmorcoolwith ductedr/caircond.intheserooms.Therecentlyrenovatedfamily bathroomispositionedattherearforeaseofaccess.

EscapetoMonteithandtransformthisfive-acreretreatintoyour personalhaven.

This1920sstonecottage,withitspolishedtimberfloorboardsand fourcosybedrooms,isreadyforyourcreativevision.Theopen-plan kitchenandlivingroomofferendlesspossibilitiesforcustomisation. LocatedjustashortdrivefromtheMurrayRiver,enjoyalifestyle filledwithoutdooradventuresandrecreationalactivities.

Charming1950’sRedBrickHomewithModernComforts

Privatelypositioned,thisattractive1950’sredbrickhomecombines classiccharmwithmodernconveniences,offeringalifestyleof comfortandaccessibility.Situatedwithinwalkingdistancetoshops, theplayground,theBalhannahdogpark,andwithexcellentpublic transportlinksnearby.

Lot30RedCreekRoad

DiscovertheserenebeautyandendlesspotentialofLot30Red CreekRoad,RedCreek.Thisremarkable84-acrepropertyoffersa uniqueopportunitytoliveaquietandproductivelifejustoutsideof MountBarker.Withperfectsceneryandstunningviews,thelandis adornedwithclassicgumtreesthatenhanceitsnaturalcharm.

Thepropertyboastsbothaborewaterandarainwatertank, ensuringareliablewatersupplyyear-round.Foragricultural enthusiasts,thereareshearingshedsandasmallpaddockreadyfor use,makingitidealforfarmingorlivestock.

Sale$790,000-$850,000

TrentShorland 0413519954 trent.shorland@shorlandre.com.au

MattAdams 0423050489 matt.adams@shorlandre.com.au

RECENT RESULTS

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