Adelaide Property Market Forecasts Signal Moderating Growth in 2026

Adelaide's median dwelling value reached $950,703 in May 2026, reflecting 12.3% annual growth. This figure provides the latest benchmark ahead of forecasts for the remainder of the year.

Current Market Position

The May reading captures the outcome of prior price movements in Adelaide. Multiple forecasts now address how this level may shift through the end of 2026, with attention on whether the prior rate of increase can be sustained.

Forecasts from Major Institutions

CBA forecasts Adelaide property prices to rise 9.0% over 2026, while SQM Research projects a range of 9% to 18%. PropTrack and KPMG forecast more moderate growth of 6-9% for houses and 3.3% for units in 2026. Westpac predicts Adelaide growth will slow to 7% in 2026, with price growth expected to end flat across major capitals. These projections come from separate analyses released in 2026 and reflect differing assumptions about demand and supply conditions.

Factors Influencing the Outlook

Experts warn Adelaide's exceptional 'catch-up' phase is ending, with growth likely to slow toward national averages as new supply comes online. The warning highlights the role of additional housing stock in tempering price momentum that had previously outpaced other capitals. Buyers evaluating purchases now face a period in which annual increases are projected to be lower than the 12.3% recorded through May 2026.

What Buyers Need to Know

Prospective purchasers should review the range of published forecasts when assessing timing and affordability. Monitoring the pace at which new supply enters the market will help inform decisions, as this factor is cited as a key influence on the expected moderation in growth rates. Local conditions in Adelaide remain distinct from national trends, and decisions should incorporate the specific projections from CBA, SQM Research, PropTrack, KPMG and Westpac rather than assuming continuation of earlier gains.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.