Adelaide Property Market – Prices, Trends, Forecast [October 2025]

Adelaide’s property market has continued its steady upward path into spring 2025. Dwelling values lifted 0.9% in September, bringing the city’s median home value to $855,998. Compared with the larger east-coast capitals, Adelaide’s growth is consistent rather than rapid, reflecting both tight supply and resilient local demand.

Market Highlights

• Adelaide dwelling values rose 0.9% in September, reaching a median of $855,998.
• Quarterly growth came in at 2.5%, while annual growth was a solid 6.2%.
• Over the past 5 years, values are up 77.2%, making Adelaide one of the stronger long-term performers.
• Houses gained 6.1% annually, while units edged slightly higher at 6.4%.
• Rental growth was modest, with just a 0.4% quarterly lift, among the weakest of the capitals.
• Gross rental yields average 3.6%, offering stable but unspectacular returns.
• Strongest growth pockets include Adelaide Hills (9.6%) and Playford North (8.9%).

See how Adelaide’s property values have performed across houses and units over various timeframes, along with returns, yields, and median prices.

Watch CoreLogic’s September 2025 Housing Market Update for expert commentary on national and capital city housing trends, price movements, and key market drivers across Adelaide.

Adelaide Property Price Growth

Over the September quarter, Adelaide recorded a 2.5% gain, with annual growth running at 6.2%. Over the past five years, prices have surged 77.2%, showing the long-term strength of the market. Since the first interest rate cut in February 2025, values have risen a further 3.7%.

House values increased by 6.1% annually, while units grew by 6.4%, showing relatively balanced performance between property types. Suburban areas such as Adelaide Hills, Playford, Gawler–Two Wells, and Port Adelaide–West were among the strongest performers, posting annual growth between 8–10%.

Adelaide Property Market Trends

Stock levels remain below average, helping support steady price growth across the city. Adelaide is also seeing some of the mildest rental growth among capitals, with rents up just 0.4% over the September quarter. Gross rental yields average 3.6%, which is on par with Melbourne but lower than higher-yielding markets like Perth or Darwin.

The combination of modest rental gains and strong long-term capital appreciation positions Adelaide as a market more attractive for stability than high yields. Buyer competition remains firm, particularly in family-oriented and lifestyle suburbs on the city’s fringe.

The table outlines CoreLogic’s Home Value Index as of 1st September 2025, showing peak declines, five-year growth, and changes since the first rate cut in February.

Adelaide Property Market Forecast

Adelaide is expected to maintain steady momentum through the remainder of 2025. Lower interest rates and solid local economic conditions are set to underpin demand, but affordability pressures are likely to limit the pace of future gains. The outlook suggests incremental growth rather than a surge, with activity strongest in middle-market and affordable suburbs.

The Reserve Bank of Australia’s ongoing adjustments to interest rates will likely play a crucial role in shaping market dynamics, as higher borrowing costs limit purchasing power for many buyers.

Here are some of the most recent forecasts by the big-4 banks in Australia:

• ANZ predicts a 5-6% increase in capital city property prices in 2024, with Brisbane expected to see the highest rise at 9-10%, Perth property values could go up by 1-11%, Sydney by 4-5%, and Melbourne prices by 2-3%.
• CBA forecasts a 5% rise in capital city prices, with some variations: Brisbane is anticipated to grow by 6%, Melbourne and Perth by 5%, Sydney by 4%, and Adelaide by 1%.
• NAB projects a 5.4% average increase across the capitals, with Brisbane expected to see a 6.5% rise, Perth and Adelaide by 6.2%, Melbourne by 5.5%, Sydney by 5%, and Hobart remaining flat.
• Westpac expects a 6% growth across the combined capitals, with Perth leading at 10%, followed by Brisbane at 8%, Sydney at 6%, Adelaide at 4%, and Melbourne at 3%

Oxford Economics recently released property forecasts predicting where house prices will be in three years.

Conclusion

Adelaide continues to deliver dependable housing market results. With home values rising steadily, long-term gains sitting near 77% over five years, and demand supported by low supply, the city offers consistent growth and resilience. While investors face moderate yields and renters some relief from softer rent rises, Adelaide remains a market of stability and gradual appreciation heading into 2026.

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