Revealed: Top property sales of 2021 for all 88 Adelaide Hills towns and suburbs

The Hills white-hot property market is set to reach its zenith in 2022 with one agent predicting house price growth of up to 10 per cent. See the top sales of 2021 for all 88 Hills suburbs and towns.

Spectacular mansions, lifestyle properties and cosy family homes are among the mix of sales that dominated the Adelaide Hills’ property market in 2021.

In a year marred by Covid-19, the Hills property market has proven to be one of the most lucrative in SA, with new benchmarks set across the region’s 88 towns and suburbs.

According to CoreLogic data, 29 properties set new residential records for their prospective neighbourhoods, including a Stirling mansion which sold for a whopping $4,958,750.

Properties in Upper Sturt and Strathalbyn also sold above $4m, however, the average record was set around the $2m mark.

While not all Hills towns managed to set residential records, premium prices were paid across almost all sales categories.

The Adelaide Hills Council area now records a median house price of $725,000 – a 15.2 per cent jump on figures recorded 12 months ago.

Meanwhile, houses in the Mt Barker District Council now sell for an average $475,000, 8.2 per cent more than this time last year.

In terms of top performing suburbs, Aldgate recorded the highest year-to-year house price change at 26.8 per cent, followed by Lobethal (21.7 per cent), Upper Sturt (20.9 per cent), Stirling (19.9 per cent) and Hahndorf (17.6 per cent).

Want to know how your town or suburb in the greater Hills region performed this year? Check out the map below. All data was collected between January 1 and November 28 this year via CoreLogic.

Ray White Woodside principal Angus Campbell said it was likely the Hills would see more records broken in the year ahead.

“What we’re seeing is a record by far, and I’ve seen the boom of the housing market in the early 2000s, thanks to the first homeowners’ grant, but this has been the biggest boom we’ve seen since the 1980s,” he said.

“Fifteen per cent is incredible, especially if you’re a seller but it also makes it very difficult for buyers to get into the market.

“But I do think we could see another conservative 5 per cent growth in the year ahead, perhaps even up to 10 per cent, depending on what’s happening with Covid and border closures.”

Real Estate Institute of South Australia chief executive Barry Money said property prices were driven by cashed-up interstate buyers.

He said demand for properties was also outstripping supply.

“We have seen a doubling of interstate investors, which has gone from 5.5 per cent penetration to 12.85 per cent,” he said.

“So for the next 12 months, I see much of the same but with a little bit more caution (from buyers.”