Listed: Every SA suburb and town’s three and 12-month growth

Search the interactive list to find out every SA suburb’s growth and value.

Adelaide home values have continued to show good form, with many of South Australia’s suburbs and regional towns recording strong value growth over the past quarter.

According to PropTrack’s July Home Price Index, Adelaide’s median price currently sits at $666,000, up 5.27 per cent on this time last year.

Regional SA performed even better, with values up 8.93 per cent for the year.

McLaren Vale has had the highest value growth for houses in greater Adelaide over the past quarter at 8.8 per cent, edging out Nairne in the Adelaide Hills with 8 per cent and Gilberton at 7.7 per cent and Salisbury at 7.6 per cent.

MORE NEWS:

Renting? Buy here in SA and save $5124 a year

The top sales for FY 2022/23 revealed

Adelaide’s most overvalued and undervalued suburbs revealed

Who is selling the most SA homes?

SA’s top-performing prestige sellers revealed

Where people are paying an extra $13,000 a year, according to PropTrack

Houses in the southern hotspot carry a median price of $824,928 – up on the $758,204 it recorded last quarter and also up 8.8 per cent its $758,118 median this time last year.

Ouwens Casserly’s Nick van Vliet said the southern tourist hotspot’s value growth was fuelled by the same reason as many other suburbs.

“Like everywhere, the market is undersupplied,” he said.

The iconic d'Arenberg Cube in McLaren Vale. Supplied

“McLaren Vale is a true lifestyle destination and to find so many wineries, breweries and distilleries so close to a capital city is amazing, not to mention the beaches.

“Some of the drivers for this value growth are expats returning from interstate and overseas.”

He said while some areas attract buyers due to their growth and expansion, McLaren Vale was luring buyers for quite the opposite reason.

“McLaren Vale, Willunga and McLaren Flat all have defined township boundaries which the locals would like to see maintained – we don’t want to see a sprawl where the suburbs merge into each other,” he said.

“There’s only a little bit more consolidation within the existing township to go, so there really is a limited and finite amount of housing available.”

David Murdock at his 180 Seaview Rd, McLaren Vale home. Picture: Emma Brasier

Retiree David Murdock, 62, is currently selling his home at 180 Seaview Rd, McLaren Valesa

“There’s a lot happening here and there are plenty of wineries, restaurants, schools, shopping – just to drive around the whole Fleurieu is so easy,” he said.

“Plus it’s really very close to Marion, Flinders University and Hospital, and the city.

“There seems to be a lot of interest in properties here, so hopefully that value growth we’ve seen down here is reflected in the sale price when I sell.”

Adelaide’s northern suburbs dominated the list for 12-month value growth with Davoren Park homes up 17.2 per cent to $359,607 from $306,749 this time last year.

It beat out Elizabeth North, Elizabeth Downs, Smithfield Plains, Elizabeth Park, Evanston Gardens, Gawler East, Smithfield, Craigmore, and Evanston, which all recorded gains of 13.5 per cent or more.

Mark Lloyd of Harcourts Sergeant. Supplied

Harcourts Sergeant’s Mark Lloyd said Davoren Park, and Adelaide’s northern suburbs in general, had seen extraordinary growth in recent years.

“It’s mind-blowing, trying to get something in Davoren Park for under $400,000 is getting increasingly tough – that bar has shifted upwards now, so if you get something for under $400 it will more than likely be semi-detached and not full Torrens Titled,” he said.

“There are still a lot of owner occupiers looking to put a roof over their head, and that’s a driving force there.

“The beauty of these cheaper suburbs, is that even if the market does drops it’s not going to drop all that much and I believe they will retain their value.”

When it comes to units across greater Adelaide, West Beach units had the biggest value increase for the quarter, with values up 7 per cent to a $542,212 median from the $506,781 it recorded this time last year.

Foodland Pasadena Seafood Manager Gus Logue at the award-winning supermarket, which is a huge drawcard for the area. Picture: Emma Brasier

Over 12 months, Pasadena units were the top performer, with values up 21.3 per cent from $448,788 to $544,273.

Regionally, both Penola and Streaky Bay house values increased by 14.7 per cent over the past quarter. Penola houses currently sit at $407,139, while Streaky Bay houses sit at $299,474.

Carrickalinga’s stunning beach on the Fleurieu Peninsula. Picture: Renato Castello

Carrickalinga houses had the highest growth over the past 12 months, with values up 13.9 per cent to $817,074.

Looking at units, Victor Harbor had the highest quarterly change, up 8 per cent to $464,258, while Mount Gambier units had the highest growth over the past 12 years, with prices jumping 10.8 per cent to $353,890.