24 November 2023
Adelaide market update with Bronte Manuel Adelaide stock levels have experienced a mild boost through the peak of the spring selling season, but increased availability has done nothing to dull buyer competition. In fact, Adelaide dwelling values remain at record-high levels on the back of consistent and sustained growth. The latest report from property market analyst CoreLogic showed that home values here have risen by 1.3 per cent for the month, 4.2 per cent for the quarter, and 6.5 per cent over the past 12 months. That three-monthly growth rate is the second highest of any capital city, behind Perth’s 4.6 per cent increase. As a result, the median sale price for metropolitan Adelaide has risen to more than $710,000 according to official figures released by the Office for the Valuer-General. By comparison, the median value in December 2019 was just $471,000.
Adelaide dwelling values remain at record-high levels on the back of consistent and sustained growth.
Our team at TOOP+TOOP certainly delivered some powerful results last month. We sold 63 properties over that four-week period at an average price of more than $1.23 million. Significantly, the average days on market for those homes was just 17 days, well under the broader South Australian agency average of 29 days. In simple terms, many of our listings are selling quickly for prices beyond vendor expectations.
While CoreLogic’s recent data indicates a 4.3 per cent rise in new listings for the month, total listings are still down 8.9 per cent compared with the same time last year, reflecting a market that is still grappling with limited supply. Those figures suggest that while sellers are gradually entering the market, the overall inventory has not yet reached the levels needed to ease the competitive tension among buyers. The most recent interest rate rise of 25 basis points may create a level of hesitation with some buyers, but the previous 12 rate rises since May 2022 had a relatively minimal impact on selling conditions. It could be argued, however, that we are approaching a level where affordability issues could slow buyer activity at some price points. As the year draws to a close, we anticipate the market to maintain its current trajectory, with both buyers and sellers keen to finalise deals before the holiday season. The Adelaide property market continues to offer valuable opportunities for discerning investors and homebuyers, with its strong performance indicators and competitive environment.
Overall inventory has not yet reached the levels needed to ease the competitive tension among buyers.
For more of these stories visit toop.com.au/blog
ADELAIDE
73A South Terrace Bronte Manuel 0439 828 882 Jessica Crane 0423 207 478 www.73asouth.toop.com.au
ADELAIDE
3 Bed 2 Bath 4 Car
Contact agent Open: Sun 26 November 10:30am - 11am
1 Bed 1 Bath
519 / 304 Waymouth Street
$139,000 - $149,000
Amelia Langhans 0422 125 242 amelia.langhans@toop.com.au www.519-304waymouth.toop.com.au
Open: Fri 24 November 10am - 10:30am
BLACKWOOD
16 Bens Place Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.16bens.toop.com.au
BLAIR ATHOL
5 / 10 Prince Avenue Cassandra Yeates 0407 871 851 Sharee Redic 0407 722 660 www.5-10prince.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent Open: Sat 25 November 3pm - 3:30pm Auction: Sat 9 December 10:30am on site
1 Bed 1 Bath 1 Car
Contact agent Open: Sat 25 November 11am - 11:30am
BROMPTON
15 Kennington Avenue Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.15kennington.toop.com.au
BROMPTON
19 Burley Griffin Boulevard Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.19burleygriffin.toop.com.au
3 Bed 2 Bath 1 Car
Contact agent Open: Sat 25 November 11am - 11:30am
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 25 November 10am - 10:30am
BURNSIDE
661 - 663 Greenhill Road Bronte Manuel 0439 828 882 Thomas Crawford 0448 888 816 www.661-663greenhill.toop.com.au
BURNSIDE
39 Royal Avenue Gena Nash 0408 828 415 Lew Toop 0419 888 893 www.39royal.toop.com.au
7 Bed 4 Bath 4 Car
Contact agent Open: Sun 26 November 1:30pm - 2pm
4 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 12pm - 12:30pm
COLLEGE PARK
27A Torrens Street Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.27atorrens.toop.com.au
CRAFERS WEST
57 Sheoak Road James Lindsay 0434 182 351 Anita Hardingham 0413 335 706 www.57sheoak.toop.com.au
2 Bed 2 Bath 2 Car
Contact agent Open: Sat 25 November 10:45am - 11:15am Auction: Sun 10 December 9:30am on site
5 Bed 3 Bath 2 Car
Contact agent Open: Sun 26 November 12pm - 12:45pm
CRAFERS WEST
32 Sheoak Road Anita Hardingham 0413 335 706 James Lindsay 0434 182 351 www.32sheoak.toop.com.au
CROYDON PARK
26 Liberton Avenue Thomas Crawford 0448 888 816 Ryan Yuan 0422 429 939 www.26liberton.toop.com.au
5 Bed 2 Bath 6 Car
$1,500,000 - $1,650,000 Open: Sun 26 November 12pm - 12:45pm
4 Bed 2 Bath 4 Car
Contact agent Open: Sat 25 November 1:30pm - 2pm Auction: Sat 2 December 12pm on site
CROYDON PARK
19 Hotchkiss Crescent Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.19hotchkiss.toop.com.au
3 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 11am - 11:30am
DULWICH
287 Greenhill Road Jake Theo 0422 959 650 Thomas Crawford 0448 888 816 www.287greenhill.toop.com.au
Contact agent Open: Sat 25 November 3pm - 3:30pm
EASTWOOD
20 / 220 Greenhill Road Jordan Begley 0410 289 240 jordan.begley@toop.com.au www.20-220greenhill.toop.com.au
2 Bed 2 Bath 1 Car
$690,000 - $750,000 Open: Sat 25 November 12pm - 12:30pm
ETHELTON
3 Bed 2 Bath 2 Car
5 Cowie Street
$700,000 - $770,000
Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.5cowie.toop.com.au
Open: Sat 25 November 10am - 10:30am
FLINDERS PARK
48 Holbrooks Road Vincent Doran 0466 229 880 Thomas Crawford 0448 888 816 www.48holbrooks.toop.com.au
FLINDERS PARK
15 Holbrooks Road Vincent Doran 0466 229 880 Thomas Crawford 0448 888 816 www.15holbrooks.toop.com.au
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 25 November 12pm - 12:30pm Auction: Sun 10 December 3:30pm on site
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 25 November 1pm - 1:30pm Auction: Sun 10 December 2pm on site
GILBERTON
24b James Street Ryan Yuan 0422 429 939 Lalita Yuan 0433 402 255 www.24bjames.toop.com.au
GILBERTON
4 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 11pm - 11:30pm
4 Bed 2 Bath 2 Car
43 Walkerville Terrace
Contact agent
Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.43walkerville.toop.com.au
Open: Sat 25 November 11:30am - 12pm Auction: Sat 9 December 12pm on site
GLEN OSMOND
28 Myrona Avenue Grant Wills 0419 865 829 grant.wills@toop.com.au www.28myrona.toop.com.au
GLEN OSMOND
1 Paynter Street Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.1paynter.toop.com.au
3 Bed 1 Bath 1 Car
Contact agent Open: Sat 25 November 2pm - 2:30pm Auction: Sat 9 December 3pm on site
5 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 4pm - 4:30pm Auction: Sat 9 December 1:30pm on site
HAMPSTEAD GARDENS
42 Dyott Avenue Scott Thomson 0414 427 427 scott.thomson@toop.com.au www.42dyott.toop.com.au
HAWTHORN
14 Jeffrey Street Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.14jeffrey.toop.com.au
5 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 11am - 11:30am
5 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 2:15pm - 2:45pm Auction: Sat 2 December 1pm on site
HAWTHORN
24A William Street Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.24awilliam.toop.com.au
HOLDEN HILL
8a McBean Avenue Scott Thomson 0414 427 427 scott.thomson@toop.com.au www.8amcbean.toop.com.au
3 Bed 2 Bath 2 Car
$1,650,000 Open: Sat 25 November 10:30am - 11am
3 Bed 2 Bath 2 Car
$860,000 - $895,000 Open: Sat 25 November 1:30pm - 2pm
LOCKLEYS
26 Rowells Road Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.26rowells.toop.com.au
LOCKLEYS
7 Diosma Crescent Vincent Doran 0466 229 880 Thomas Crawford 0448 888 816 www.7diosma.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent Open: Sat 25 November 3pm - 3:30pm Auction: Sun 26 November 12pm on site
3 Bed 1 Bath 3 Car
Contact agent Open: Sat 25 November 2pm - 2:30pm Auction: Sun 3 December 2pm on site
MAGILL
14 Patola Street Bronte Manuel 0439 828 882 Jessica Crane 0423 207 478 www.14patola.toop.com.au
MALVERN
167 Fisher Street Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.167fisher.toop.com.au
3 Bed 1 Bath 1 Car
Contact agent Open: Sun 26 November 12pm - 12:30pm
5 Bed 2 Bath 3 Car
$2,900,000 Open: Sat 25 November 1pm - 1:45pm
MILE END
19 Lurline Street Thomas Crawford 0448 888 816 Sally Cameron 0412 915 108 www.19lurline.toop.com.au
MITCHAM
7 Waverley Street Grant Wills 0419 865 829 grant.wills@toop.com.au www.7waverley.toop.com.au
5 Bed 2 Bath 4 Car
Contact agent Open: Sun 26 November 10:30am - 11am Auction: Sun 3 December 10am on site
4 Bed 1 Bath 1 Car
Contact agent Open: Sat 25 November 3pm - 3:30pm Auction: Fri 8 December 1pm on site
NORTH PLYMPTON
1 Lehmann Street Vincent Doran 0466 229 880 Jake Theo 0422 959 650 www.1lehmann.toop.com.au
PARADISE
14C Parkwood Avenue Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.14cparkwood.toop.com.au
3 Bed 1 Bath 4 Car
Contact agent Open: Sat 25 November 4pm - 4:30pm Auction: Sun 26 November 2pm on site
4 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 10:30am - 11am
PARKSIDE
77 Leicester Street Jordan Begley 0410 289 240 jordan.begley@toop.com.au www.77leicester.toop.com.au
ROSSLYN PARK
12 Gillard Drive Ryan Yuan 0422 429 939 Lalita Yuan 0433 402 255 www.12gillard.toop.com.au
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 25 November 1pm - 1:45pm Auction: Sat 9 December 4pm on site
6 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 12pm - 12:30pm
ROSTREVOR
23 Yalpara Avenue Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.23yalpara.toop.com.au
ROYSTON PARK
11 Gilding Avenue Scott Thomson 0414 427 427 scott.thomson@toop.com.au www.11gilding.toop.com.au
5 Bed 3 Bath 2 Car
$2,000,000 Open: Sat 25 November 2:30pm - 3pm
3 Bed 2 Bath 1 Car
Contact agent Open: Sat 25 November 12:15pm - 12:45pm
ROYSTON PARK
38 Lambert Road Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.38lambert.toop.com.au
SEACOMBE HEIGHTS
109 Braeside Avenue Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.109braeside.toop.com.au
5 Bed 3 Bath 6 Car
Contact agent Open: Sat 25 November 11:30am - 12pm Auction: Sat 16 December 10:30am on site
4 Bed 3 Bath 4 Car
Contact agent Open: Sat 25 November 12:30pm - 1pm Auction: Sat 2 December 4pm on site
SEMAPHORE PARK
9 Zephyr Grove Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.9zephyr.toop.com.au
SKYE
6 Vale Street Grant Wills 0419 865 829 grant.wills@toop.com.au www.6vale.toop.com.au
3 Bed 1 Bath 3 Car
Contact agent Open: Sat 25 November 11:15am - 11:45am Auction: Sun 3 December 2pm on site
4 Bed 3 Bath 2 Car
Contact agent Open: Sat 25 November 11:30am - 12:15pm
STIRLING
71 Sturt Valley Road Jordan Begley 0410 289 240 jordan.begley@toop.com.au www.71sturtvalley.toop.com.au
TERINGIE
18 Teringie Drive Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.18teringie.toop.com.au
4 Bed 2 Bath 2 Car
$1,600,000 - $1,750,000 Open: Sat 25 November 11am - 11:30am
5 Bed 2 Bath 2 Car
Contact agent Open: Sat 25 November 12:30pm - 1pm
TERINGIE
14 Coach House Drive Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.14coachhouse.toop.com.au
TRANMERE
3 Orange Grove Grant Wills 0419 865 829 grant.wills@toop.com.au www.3orange.toop.com.au
5 Bed 4 Bath 2 Car
Contact agent Open: Sat 25 November 1:30pm - 2pm Auction: Sat 2 December 6pm on site
3 Bed 1 Bath 1 Car
Contact agent Open: Sat 25 November 1pm - 1:30pm Auction: Fri 8 December 3:30pm on site
TUSMORE
2 / 65 Northumberland Street
2 Bed 1 Bath 1 Car
$550,000
Ryan Yuan 0422 429 939 Lalita Yuan 0433 402 255 www.2-65northumberland.toop.com.au Open: Mon 27 November 6:30pm - 7pm
UNLEY
75 Frederick Street Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.75frederick.toop.com.au
5 Bed 5 Bath 2 Car
Contact agent Open: Sat 25 November 1pm - 1:30pm
WALKERVILLE
31B Brunswick Street Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.31bbrunswick.toop.com.au
WALKERVILLE
23 Burlington Street Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.23burlington.toop.com.au
3 Bed 2 Bath 2 Car
Contact agent Open: Sat 25 November 9:30am - 10am
5 Bed 2 Bath 2 Car
Contact agent Open: Sat 25 November 10am - 10:30am
WEST CROYDON
2 Marion Street Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.2marion.toop.com.au
WEST CROYDON
24 Alfred Road Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.24alfred.toop.com.au
3 Bed 1 Bath 1 Car
Contact agent Open: Sat 25 November 12pm - 12:30pm Auction: Sun 10 December 10am on site
3 Bed 2 Bath 3 Car
Contact agent Open: Sun 26 November 12:30pm - 1pm Auction: Sat 2 December 10am on site
WEST CROYDON
21 Heading Street Thomas Crawford 0448 888 816 Jake Theo 0422 959 650 www.21heading.toop.com.au
WEST HINDMARSH
16 Bond Street Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.16bond.toop.com.au
4 Bed 1 Bath 4 Car
Contact agent Open: Sat 25 November 1pm - 1:30pm Auction: Sun 10 December 12pm on site
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 25 November 2pm - 2:30pm Auction: Thu 30 November 6:30pm on site
WESTBOURNE PARK
46 Elmo Avenue Glenn McMillan 0476 394 663 Peter McMillan 0417 733 900 www.46elmo.toop.com.au
4 Bed 2 Bath 4 Car
$1,800,000 Open: Sat 25 November 11:30am - 12:15pm Auction: Sat 2 December 10:30am on site
ALDINGA BEACH
Amelia Langhans
4 Bed 2 Bath 1 Car
Contact agent
0422 125 242 amelia.langhans@toop.com.au www.vault.toop.com.au
ALLENBY GARDENS
Thomas Crawford 0448 888 816 thomas.crawford@toop.com.au www.vault.toop.com.au
2 Bed 1 Bath 1 Car
Contact agent
BROMPTON
Thomas Crawford
3 Bed 2 Bath 2 Car
Contact agent
0448 888 816 thomas.crawford@toop.com.au www.vault.toop.com.au
EASTWOOD
Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
5 Bed 2 Bath 2 Car
Contact agent
ELIZABETH GROVE
Jake Theo
4 Bed 2 Bath 2 Car
Contact agent
0422 959 650 jake.theo@toop.com.au www.vault.toop.com.au
FLAGSTAFF HILL
Grant Wills 0419 865 829 grant.wills@toop.com.au www.vault.toop.com.au
5 Bed 2 Bath 4 Car
Contact agent
HAY VALLEY
James Lindsay
9 Bed 6 Bath 4 Car
Contact agent
0434 182 351 james.lindsay@toop.com.au www.vault.toop.com.au
KILBURN
Sharee Redic 0407 722 660 sharee.redic@toop.com.au www.vault.toop.com.au
3 Bed 2 Bath 2 Car
Contact agent
KINGSWOOD
Lew Toop
4 Bed 2 Bath 2 Car
Contact agent
0419 888 893 lew.toop@toop.com.au www.vault.toop.com.au
KLEMZIG
Sharee Redic 0407 722 660 sharee.redic@toop.com.au www.vault.toop.com.au
2 Bed 1 Bath 1 Car
Contact agent
MALVERN
Sharee Redic
2 Bed 1 Bath 2 Car
Contact agent
0407 722 660 sharee.redic@toop.com.au www.vault.toop.com.au
MARRYATVILLE
Ryan Yuan 0422 429 939 ryan.yuan@toop.com.au www.vault.toop.com.au
3 Bed 2 Bath 1 Car
Contact agent
MITCHAM
4 Bed 1 Bath
Grant Wills
Contact agent
0419 865 829 grant.wills@toop.com.au www.vault.toop.com.au
MITCHELL PARK
James Lindsay 0434 182 351 james.lindsay@toop.com.au www.vault.toop.com.au
3 Bed 2 Bath 1 Car
Contact agent
NEW PORT
Amelia Langhans
1 Bed 1 Bath 1 Car
Contact agent
0422 125 242 amelia.langhans@toop.com.au www.vault.toop.com.au
NEW PORT
Amelia Langhans 0422 125 242 amelia.langhans@toop.com.au www.vault.toop.com.au
1 Bed 1 Bath 1 Car
Contact agent
NORTH ADELAIDE
Amelia Langhans
1 Bed 1 Bath 1 Car
Contact agent
0422 125 242 amelia.langhans@toop.com.au www.vault.toop.com.au
NORTH ADELAIDE
Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
2 Bed 1 Bath 1 Car
Contact agent
PROSPECT
Jake Theo
4 Bed 3 Bath 2 Car
Contact agent
0422 959 650 jake.theo@toop.com.au www.vault.toop.com.au
RIDLEYTON
Thomas Crawford 0448 888 816 thomas.crawford@toop.com.au www.vault.toop.com.au
2 Bed 1 Bath 1 Car
Contact agent
ROSE PARK
Sally Cameron
4 Bed 2 Bath 2 Car
Contact agent
0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
ST PETERS
Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent
TOORAK GARDENS
Sally Cameron
4 Bed 2 Bath 2 Car
Contact agent
0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
WOODVILLE SOUTH
Sharee Redic 0407 722 660 sharee.redic@toop.com.au www.vault.toop.com.au
3 Bed 2 Bath 3 Car
Contact agent