January 22, 2018
Adelaide’s property market has entered the new year with confidence after gathering momentum throughout 2017.
According to data from CoreLogic, 70 houses broke suburb price records in Adelaide last year.
The houses ranged from affordable family homes up to luxury estates from the prestige market, and had a total value of almost $90 million.
The data is based on settlements for residential houses and units made on or before December 31, 2017. It does not include the sale of land or multiple dwelling. The most popular month for settlements was November.
“It’s really great news and proving a lot of people wrong who say things aren’t improving. But the market isn’t lying,” Real Estate Institute of South Australia (REISA) Chief Executive Officer Greg Troughton, told News Corp.
“I especially like the fact that we see record breakers in areas that aren’t blue-chip suburbs.”
The most affordable home to break a record was 21 Durrington Rd, Elizabeth which went for $375,000.
At the other end of the scale, a mansion at 263 East Tce fetched $4 million.
“So the fact that it has, shows that slow and steady, as Adelaide’s market is often referred to, really is winning the race and we’re tracking along nicely,” Troughton concluded.
Here are the 70 houses that broke sales records in their suburbs last year:
NORTH
2 Finnis St, Blakeview — $481,000
8A Cambridge St, Brahma Lodge — $395,000
21 Durrington Rd, Elizabeth — $375,000
2A Orana St Gepps Cross — $400,000
36B Nurrowin Drive, Ingle Farm — $512,000
4 Parkeston Court, Para Hills — $620,000
47 Burton Rd, Salisbury — $1.625 million
27 York St, Valley View — $835,000
SOUTH
140 Piggott Range Rd, Chandlers Hill — $1.26 million
5 Chamberlain Drive, Christie Downs — $410,000
71 Tuit Rd, Maslin Beach — $1.4 million
24 Wakelin Tce, O’Sullivan Beach — $675,000
72 Young St, Reynella — $1.385 million
COAST CITY/HILLS VALLEY
23 Fern Rd, Blackwood — $1.21 million
407 Anzac Hwy, Camden Park — $1.45 million
103 Avenue Rd, Clarence Gardens — $883,000
46 Deloraine Rd, Edwardstown — $701,000
13 Beadnall Tce, Glengowrie — $1.04 million
14 Petrel Close, Hallett Cove — $1.23 million
300 Brighton Rd, North Brighton — $2.4 million
16 Cungena Ave, Park Holme — $1.031 million
182A Esplanade, South Brighton — $2.5 million
28 Auricchio Ave, St Marys — $720,000
EAST
27 Balham Ave, Kingswood — $3.05 million
3 Surrey Cres, Lower Mitcham — $2.1 million
3 Traminer Way, Auldana — $2.65 million
15 Jellicoe St, Linden Park — $2.175 million
33 Salop St, Beulah Park — $1.603 million
16 Burnalta Cres, Burnside — $3 million
36 West Parkway, Colonel Light Gardens — $1.125 million
2 Chessington Ave, Frewville — $981,000
2A Playford St, Glen Osmond — $3.005 million
9A Beagle Tce, Lynton — $870,000
178 First Ave, Royston Park — $1.83 million
34 Cudmore Ave, Toorak Gardens — $3.2 million
24a East St, Magill — $1.99 million
CITY
263 East Tce, Adelaide — $4 million
12 Edwin Tce, Gilberton — $2.07 million
41 North St, Collinswood — $1.538 million
81 Devitt Ave, Firle — $1.15 million
1 Heath Ave, Manningham — $810,000
67 Prospect Rd, Prospect — $3.2 million
56 Wright St, Renown Park — $705,000
107 Hawker St, Ridleyton — $626,500
46A Third Ave, Sefton Park — $823,000
32 Loch St, Stepney — $1.24 million
25 Walsh St, Thebarton — $1.27 million
31A Canterbury Ave, Trinity Gardens — $1.2 million
WEST
17 Botting St, Albert Park — $650,000
64 Harris St, Birkenhead — $713,000
23 Manuel Ave, Blair Athol — $705,000
25 Elizabeth St, Croydon — $890,000
7 Pine St, Flinders Park — $1.18 million
525 Tapleys Hill Rd, Fulham Gardens — $950,000
25 Connor St, Glanville — $630,000
5 Trinity St, Ottoway — $490,000
772 Torrens Rd, Rosewater — $892,500
6 Noora Place, Semaphore Park — $1.65 million
12 Kingsley Ave, West Croydon — $815,000
NORTH EAST
7 Maynard Ave, Campbelltown — $1.37 million
16 Gove Rd, Enfield — $627,750
18 Snead Cres, Fairview Park — $575,000
28 Willowood Drive, Golden Grove — $1.535
25 Westralia St, Greenacres — $770,000
27 Oradala Crt Greenwith – $970,000JuneRaine & Horne Salisbury
11 Ways Rd, Hampstead Gardens — $825,000
19 Mataro Rd, Hope Valley — $1.4 million
35 Waterford Circuit, Northgate — $1.19 million
13 Dickerson Way, Redwood Park — $641,000
17 Pauline Drive, Surrey Downs — $542,500
Source:news.com.au