8 December 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 10 December 2:30pm - 3pm
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: Mon 11 December 11am - 11:30am
BLACKWOOD
16 Bens Place Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.16bens.toop.com.au
BURNSIDE
16A View Street Gena Nash 0408 828 415 Lew Toop 0419 888 893 www.16aview.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 10am - 10:30am Auction: Sat 9 December 10:30am on site
3 Bed 2 Bath 3 Car
Contact agent Open: Sat 9 December 10am - 10:30am Auction: Wed 20 December 5:30pm on site
BURNSIDE
661 - 663 Greenhill Road Bronte Manuel 0439 828 882 Thomas Crawford 0448 888 816 www.661-663greenhill.toop.com.au
CLEARVIEW
13 Kelway Crescent Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.13kelway.toop.com.au
7 Bed 4 Bath 4 Car
Contact agent Open: Sat 9 December 11:15am - 11:45am Auction: Wed 13 December 6pm on site
3 Bed 2 Bath 1 Car
Contact agent Open: Sat 9 December 2pm - 2:30pm Auction: Fri 22 December 6pm on site
COLLEGE PARK
27A Torrens Street Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.27atorrens.toop.com.au
CRAFERS WEST
32 Sheoak Road Anita Hardingham 0413 335 706 James Lindsay 0434 182 351 www.32sheoak.toop.com.au
2 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 9am - 9:30am Auction: Sun 10 December 9:30am on site
5 Bed 2 Bath 6 Car
$1,500,000 - $1,650,000 Open: Sat 9 December 1pm - 1:30pm
DEVON PARK
2B Bolingbroke Avenue Glenn McMillan 0476 394 663 Thomas Crawford 0448 888 816 www.2bbolingbroke.toop.com.au
DULWICH
20 Cleland Avenue Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.20cleland.toop.com.au
4 Bed 1 Bath 3 Car
$725,000 Open: Sat 9 December 10am - 10:30am Auction: Sat 16 December 4pm on site
4 Bed 1 Bath 1 Car
$1,200,000 Open: Sat 9 December 11:15am - 12pm Auction: Sat 16 December 12:45pm on site
DULWICH
287 Greenhill Road Jake Theo 0422 959 650 Thomas Crawford 0448 888 816 www.287greenhill.toop.com.au
DULWICH
18A Cleland Avenue Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.18acleland.toop.com.au
Contact agent Open: Sat 9 December 9:30am - 10am
5 Bed 3 Bath 2 Car
$1,700,000 Open: Sat 9 December 11:15am - 12pm Auction: Sat 16 December 12:30pm on site
EASTWOOD
16 Elizabeth Street Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.16elizabeth.toop.com.au
EASTWOOD
83 / 220 Greenhill Road Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.83-220greenhill.toop.com.au
5 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 5pm - 5:30pm Auction: Sun 17 December 11am on site
3 Bed 2 Bath 4 Car
$1,450,000 - $1,550,000 Open: Sun 10 December 10:30am - 11am
ELIZABETH GROVE
45 Gunther Street Jake Theo 0422 959 650 Vincent Doran 0466 229 880 www.45gunther.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 3:15pm - 3:45pm
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 9 December 12:45pm - 1:15pm
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 9 December 3:30pm - 3:45pm Auction: Sun 10 December 3:30pm on site
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 9 December 2:45pm - 3:15pm Auction: Sun 10 December 2pm on site
GILBERTON
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: Fri 8 December 1pm - 1:30pm 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
3 Bed 1 Bath 1 Car
Contact agent Open: Sat 9 December 2:30pm - 3pm Auction: Sat 9 December 3pm on site
GLEN OSMOND
1 Paynter Street Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.1paynter.toop.com.au
GLENELG
5 Bed 3 Bath 2 Car
Contact agent Open: Sat 9 December 1pm - 1:30pm Auction: Sat 9 December 1:30pm on site
3 Bed 2 Bath 2 Car
51 / 32 Colley Terrace
$1,950,000
Glenn McMillan 0476 394 663 Peter McMillan 0417 733 900 www.51-32colley.toop.com.au
Open: Sat 9 December 3:30pm - 4pm
GOLDEN GROVE
14 Holborn Court Scott Thomson 0414 427 427 scott.thomson@toop.com.au www.14holborn.toop.com.au
HAWTHORN
14 Jeffrey Street Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.14jeffrey.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 11am - 11:45am
5 Bed 3 Bath 2 Car
Contact agent Open: Sat 9 December 10am - 10:30am
KENSINGTON GARDENS
1 / 15 East Terrace Bronte Manuel 0439 828 882 Jessica Crane 0423 207 478 www.1-15east.toop.com.au
KILKENNY
19 Tarcowie Street Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.19tarcowie.toop.com.au
2 Bed 1 Bath 2 Car
Contact agent Open: Sun 10 December 11:30am - 12pm
2 Bed 1 Bath 2 Car
Contact agent Open: Sat 9 December 1:45pm - 2:15pm Auction: Sat 16 December 2pm on site
KINGSWOOD
17 Cambridge Terrace Gena Nash 0408 828 415 Lew Toop 0419 888 893 www.17cambridge.toop.com.au
KLEMZIG
4 Bed 2 Bath 1 Car
Contact agent Open: Sat 9 December 11:15am - 11:45am Auction: Sat 16 December 3:30pm on site
2 Bed 1 Bath 1 Car
5 / 26 McCulloch Avenue
Contact agent
Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.5-26mcculloch.toop.com.au
Open: Sat 9 December 11:15am - 11:45am
MAGILL
13 Armson Avenue Sally Cameron 0412 915 108 Nadia Covino 0427 003 933 www.13armson.toop.com.au
MALVERN
167 Fisher Street Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.167fisher.toop.com.au
4 Bed 2 Bath
$790,000 Open: Sun 10 December 11am - 11:30am Auction: Sun 10 December 11:30am on site
5 Bed 2 Bath 3 Car
$2,900,000 Open: Sat 9 December 1pm - 1:30pm
MITCHAM
7 Waverley Street Grant Wills 0419 865 829 grant.wills@toop.com.au www.7waverley.toop.com.au
MITCHELL PARK
6 Burnley Grove James Lindsay 0434 182 351 james.lindsay@toop.com.au www.6burnley.toop.com.au
4 Bed 1 Bath 1 Car
Contact agent Open: Fri 8 December 12:30pm - 1pm Auction: Fri 8 December 1pm on site
3 Bed 2 Bath 3 Car
Contact agent Open: Fri 8 December 5:30pm - 6pm
NORTH ADELAIDE
1 Bed 1 Bath 1 Car
4 / 287 Melbourne Street
$500,000 - $520,000
Amelia Langhans 0422 125 242 amelia.langhans@toop.com.au www.deepacres.toop.com.au
Open: Sat 9 December 10am - 10:30am
NORTHFIELD
263 Hampstead Road Jake Theo 0422 959 650 Thomas Crawford 0448 888 816 www.263hampstead.toop.com.au
4 Bed 2 Bath 4 Car
Contact agent Open: Sat 9 December 1:15pm - 1:45pm
NORWOOD
16 William Street Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.16william.toop.com.au
NORWOOD
24 Birrell Street Bronte Manuel 0439 828 882 Jessica Crane 0423 207 478 www.24birrell.toop.com.au
4 Bed 2 Bath 2 Car
Contact agent Open: Fri 8 December 12pm - 12:30pm Auction: Wed 20 December 6:30pm on site
3 Bed 1 Bath 2 Car
Contact agent Open: Sun 10 December 1pm - 1:30pm Auction: Sun 17 December 3pm on site
PARADISE
15 St Ives Walk Jake Theo 0422 959 650 Vincent Doran 0466 229 880 www.15stives.toop.com.au
PARKSIDE
77 Leicester Street Jordan Begley 0410 289 240 jordan.begley@toop.com.au www.77leicester.toop.com.au
3 Bed 1 Bath 1 Car
Contact agent Open: Sat 9 December 12:15pm - 12:45pm
3 Bed 1 Bath 2 Car
Contact agent Open: Sat 9 December 3:30pm - 4pm Auction: Sat 9 December 4pm on site
ROSE PARK
50 Hewitt Avenue Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.50hewitt.toop.com.au
ROSSLYN PARK
12 Gillard Drive Bronte Manuel 0439 828 882 Ryan Yuan 0422 429 939 www.12gillard.toop.com.au
5 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 3pm - 3:30pm Auction: Sun 17 December 1pm on site
6 Bed 3 Bath 2 Car
Contact agent Open: Sun 10 December 10am - 10:30am
ROSTREVOR
23 Yalpara Avenue Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.23yalpara.toop.com.au
ROYSTON PARK
38 Lambert Road Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.38lambert.toop.com.au
5 Bed 3 Bath 2 Car
$2,000,000 Open: Sat 9 December 1:30pm - 2pm
5 Bed 3 Bath 6 Car
Contact agent Open: Sat 9 December 12:30pm - 1pm Auction: Sat 16 December 10:30am on site
SEACOMBE HEIGHTS
109 Braeside Avenue Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.109braeside.toop.com.au
ST CLAIR
4 Bed 3 Bath 4 Car
Contact agent Open: Sat 9 December 12:45pm - 1:15pm
2 Bed 1 Bath 1 Car
404 / 301 St Clair Avenue
$399,000 - $434,000
Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.404-301stclair.toop.com.au
Open: Sat 9 December 11:45am - 12:15pm
ST PETERS
17 Fifth Avenue Sally Cameron 0412 915 108 Sally.Cameron@toop.com.au www.17fifth.toop.com.au
STIRLING
71 Sturt Valley Road Jordan Begley 0410 289 240 jordan.begley@toop.com.au www.71sturtvalley.toop.com.au
5 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 4pm - 4:30pm Auction: Fri 15 December 6pm on site
4 Bed 2 Bath 2 Car
$1,600,000 - $1,750,000 Open: Sat 9 December 2pm - 2:30pm
TEA TREE GULLY
1 / 31 Rednall Street Thomas Crawford 0448 888 816 Jake Theo 0422 959 650 www.1-31rednall.toop.com.au
TEA TREE GULLY
25 Wattle Crescent Thomas Crawford 0448 888 816 Jake Theo 0422 959 650 www.25wattle.toop.com.au
4 Bed 3 Bath 4 Car
Contact agent Open: Sat 9 December 10:30am - 11am
3 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 9:45am - 10:15am Auction: Sat 16 December 10am on site
TERINGIE
14 Coach House Drive Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 www.14coachhouse.toop.com.au
TOORAK GARDENS
78 Swaine Avenue Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.78swaine.toop.com.au
5 Bed 4 Bath 2 Car
Contact agent Open: Fri 8 December 6pm - 6:30pm
4 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 3pm - 3:30pm Auction: Sun 17 December 9:30am on site
TRANMERE
3 Orange Grove Grant Wills 0419 865 829 grant.wills@toop.com.au www.3orange.toop.com.au
UNLEY
75 Frederick Street Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.75frederick.toop.com.au
3 Bed 1 Bath 1 Car
Contact agent Open: Fri 8 December 3pm - 3:30pm Auction: Fri 8 December 3:30pm on site
5 Bed 5 Bath 2 Car
Contact agent Open: Sat 9 December 9am - 9:30am
UNLEY PARK
24 George Street Peter McMillan 0417 733 900 Glenn McMillan 0476 394 663 www.24george.toop.com.au
WALKERVILLE
31B Brunswick Street Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.31bbrunswick.toop.com.au
4 Bed 2 Bath 2 Car
$2,100,000 Open: Sat 9 December 2:15pm - 2:45pm Auction: Sat 16 December 10:30am on site
3 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 10am - 10:30am Auction: Tue 19 December 5:30pm on site
WALKERVILLE
23 Burlington Street Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.23burlington.toop.com.au
WEST CROYDON
2 Marion Street Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 www.2marion.toop.com.au
5 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 11:15am - 11:45am
3 Bed 1 Bath 1 Car
$895,000 Open: Sun 10 December 12pm - 12:30pm Auction: Sat 16 December 12:30pm on site
WOODVILLE SOUTH
17 Koolunda Avenue Sharee Redic 0407 722 660 Cassandra Yeates 0407 871 851 www.17koolunda.toop.com.au
3 Bed 2 Bath 2 Car
Contact agent Open: Sat 9 December 10am - 10:30am Auction: Sat 16 December 1:30pm on site
ADELAIDE
Lew Toop
2 Bed 2 Bath 2 Car
Contact agent
0419 888 893 lew.toop@toop.com.au www.vault.toop.com.au
ADELAIDE
Gena Nash 0408 828 415 gena.nash@toop.com.au www.vault.toop.com.au
2 Bed 1 Bath 2 Car
Contact agent
ALDINGA BEACH
Amelia Langhans
4 Bed 3 Bath 2 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
BRUKUNGA
James Lindsay 0434 182 351 james.lindsay@toop.com.au www.vault.toop.com.au
9 Bed 6 Bath 4 Car
Contact agent
DUDLEY PARK
Thomas Crawford
3 Bed 2 Bath 2 Car
Contact agent
0448 888 816 thomas.crawford@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
GOLDEN GROVE
Scott Thomson
3 Bed 2 Bath 1 Car
Contact agent
0414 427 427 scott.thomson@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
MARRYATVILLE
Ryan Yuan
3 Bed 2 Bath 1 Car
Contact agent
0422 429 939 ryan.yuan@toop.com.au www.vault.toop.com.au
MITCHAM
4 Bed 1 Bath
Grant Wills
Contact agent
0419 865 829 grant.wills@toop.com.au www.vault.toop.com.au
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
NEW PORT
Amelia Langhans
2 Bed 2 Bath 2 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
4 Bed 2 Bath 2 Car
Contact agent
NORTH ADELAIDE
Sally Cameron
2 Bed 1 Bath 1 Car
Contact agent
0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
NORWOOD
Becky Neale 0417 832 549 becky.neale@toop.com.au www.vault.toop.com.au
3 Bed 2 Bath 2 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
ROSTREVOR
Sharee Redic
3 Bed 2 Bath 1 Car
Contact agent
0407 722 660 sharee.redic@toop.com.au www.vault.toop.com.au
ROSTREVOR
Alexander Parzis 0410 588 633 alexander.parzis@toop.com.au www.vault.toop.com.au
3 Bed 2 Bath 2 Car
Contact agent
ST PETERS
Sally Cameron
4 Bed 2 Bath 1 Car
Contact agent
0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
WALKERVILLE
Sally Cameron 0412 915 108 sally.cameron@toop.com.au www.vault.toop.com.au
5 Bed 5 Bath 4 Car
Contact agent