SA’s Top 50 Homes: Demand for premium housing strong

SA’s Top 50 Homes list for 2022 is out, and demand for premium properties in our state is as strong as ever. Find out where the market is heading, see inside every single property, and have your say on our top 50 here.

Despite increasing cost-of-living pressures and a barrage of interest rate rises, demand for premium new homes is just as strong as ever, SA’s prestige builders say.

Sales and marketing manager for Alan Sheppard Construction Helen Papas said the company was still getting a solid level of inquiry from hopeful buyers.

“That demand is always there – most of our builds are $1.5m to more than $1.8m and there’s no change in demand there at all, but anything under that and there has been a slowdown because they’re still looking to get finance and banks are making that a bit more difficult,” she said.

Ms Papas said there was still plenty of confidence in the market that investing in property in South Australia was a sensible thing to do.

Number 37: 56 Walkers Rd, Somerton Park.

Number 28: Pear Tree House in Prospect by Glasshouse Projects.

“We’re still relatively cheap compared to the eastern states – expats and those on the eastern seaboard see that they can get great value for money here,” she said.

Rising building costs were not a barrier to top-end buyers, Ms Papas said, but she did highlight one area of concern.

“I think turnaround times can be a big determining factor – our turnaround times might have increased by two months, but not six or seven months.”

Number 34: 520 Norton Summit Rd, Teringie.

Number 33: The 2021 HIA SA Home of the Year, built by Alan Sheppard Constructions.

Scott Salisbury Homes managing director Scott Salisbury said buyers at the top end of the market seemed undeterred by the current economic climate.

“We are finding people are now more than ever wanting to invest in quality, confidence and security given the current building market,” he said.

Mr Salisbury said supply-chain issues continued to hamper activity, but that the industry was forging ahead.

SA’s Top 50 Homes 2022

Two years ago we brought you our inaugural SA’s Top 50 Homes. You loved it so much we thought it was only right to showcase another 50 of SA’s stunning properties.

Our Real Estate and At Home teams have ranked from 50 to one, the best in SA housing across a range of styles – historic, contemporary, luxurious, eco-friendly, glam renovations and quirky out-of-the-box designs.

And so, without further ado, here is SA’s Top 50 Homes for 2022.

What do you think? Did we get it right? Have your say on every home in our top 50 and then view the reader’s choice list to see what the people of SA think.