Adelaide House Prices 2026 — SA Property Market Update and Suburb Guide

Adelaide House Prices 2026 — Overview

Adelaide has been one of Australia's most consistent property market performers in recent years, recording strong price growth driven by interstate migration from Sydney and Melbourne, a relatively affordable starting position, and the economic boost from defence industry investment (submarine fleet at Osborne, Parafield aerospace, defence electronics). Adelaide remains more affordable than Sydney, Melbourne, Brisbane and Perth, making it attractive to first home buyers and investors seeking yields.

Adelaide Median Property Prices

• Median house price (Greater Adelaide) — Approximately $750,000 to $800,000 across greater Adelaide as of 2025-26. Adelaide has moved from being one of Australia's most affordable capitals to more mid-range pricing following several years of strong growth.
• Median unit/apartment price (Greater Adelaide) — Approximately $470,000 to $510,000 for units and apartments across greater Adelaide.
• Inner eastern suburbs (Norwood, Burnside, Kensington) — Premium Adelaide suburbs typically $1.2 million to over $2.5 million for houses.
• North Adelaide and Prospect — Established inner-north homes range from $900,000 to $1.8 million.
• Outer northern and southern corridors — Northern Adelaide suburbs (Elizabeth, Salisbury, Playford) and southern corridor (Morphett Vale, Christie Downs) offer more affordable entry points from $430,000 to $650,000.

Defence Industry and Adelaide Property

Adelaide's defence industry is a major economic driver for the local property market. The AUKUS submarine program, RAAF Base Edinburgh, and the defence electronics sector centred at the Technology Park in Mawson Lakes and the inner city create high-income employment that supports property demand, particularly in the northern and inner-north corridors.

First Home Buyers in Adelaide

South Australia's First Home Owner Grant and stamp duty relief for first home buyers assist eligible purchasers — see revenuesa.sa.gov.au for current settings.

Current Adelaide Property Data

For current Adelaide property prices, visit domain.com.au, realestate.com.au or the Real Estate Institute of South Australia at reisa.com.au.

This article was compiled by AI and screened before publishing. See our editorial standards.