South Australia’s unstoppable property market: record prices and soaring demand
South Australia’s housing market has hit new heights, with record median prices, surging buyer demand and 190 suburbs now boasting million-dollar medians. In her first regular column for API Magazine, Andrea Heading says the boom shows no signs of slowing.
Major defence projects are just one catalyst for the consistently strong Adelaide property market. (Image source: Shuterstock.com/API Magazine)
South Australia’s property market is rewriting records yet again.
New figures from the Valuer-General show the state’s median house price climbed to $800,000 in the September 2025 quarter — while metropolitan Adelaide surged to a record $877,000.
The milestone cements Adelaide’s reputation as one of the nation’s most resilient and sought-after housing markets, with demand showing no sign of easing despite higher living costs and economic uncert…
