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

Adelaide’s housing market continued its steady momentum through late 2025, building on a strong post-rate-cut recovery earlier in the year. Dwelling values rose 1.4% in October, bringing quarterly growth to 3.2% and annual gains to 6.7%. The city’s median dwelling value reached approximately $867,681, positioning Adelaide among the most affordable of the major capitals, while still showing solid capital appreciation. Local market strength is being underpinned by a persistent imbalance between tight supply and resilient buyer demand.

Market Highlights

• Sydney’s dwelling values rose 0.7% in October, 2.3% for the quarter, and 4.0% annually, bringing the median value to $1.26 million.
• House values are at a new market peak, up 38.3% over five years and 5.1% since February 2025.
• Price gains were stronger in mid- and lower-priced suburbs, where buyer demand remains highest.
• Top-performing areas include Mount Druitt (+9.0%), Marrickville–Sydenham–Petersham (+8.5%), and St Marys (+7.8%), showing broad strength across western and inner-city belts.
• Limited supply continues to underpin values, with listings remaining well below average through spring.
• Gross rental yields sit around 3.0%, one of the lowest nationally, as prices outpace rent growth.
• Market momentum has been helped by early-year rate cuts but is beginning to moderate under renewed inflation concerns and affordability pressure.
• Overall, Sydney remains a high-value, low-yield market showing measured growth amid tight supply and steady demand.

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 October 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

Adelaide’s housing values have now climbed nearly 78% from their pre-COVID peak, with growth accelerating after the February rate cut. The increase since that cut stands at 5.1%, matching the combined capitals’ pace. Houses and units have moved in tandem, each posting roughly 3.2% growth over the past quarter. Over the past year, house values lifted 6.7%, and unit values rose 7.1%, reflecting balanced demand across segments. Gross rental yields in Adelaide held at 3.6% for dwellings, suggesting investors continue to see reliable returns despite rising prices.

Adelaide Property Market Trends

The most substantial price increases have been concentrated in middle-tier suburbs and the city’s outer north and hills regions. Adelaide Hills led annual value growth at 9.9%, followed by Gawler–Two Wells (8.9%) and Playford North (8.7%). Inner and western areas such as West Torrens and Port Adelaide–West also performed strongly, both gaining around 8%. These gains reflect the continued appeal of family-friendly and relatively affordable suburbs within commuting distance of the CBD. Investor interest remains firm, and low stock levels are maintaining upward pressure on prices despite affordability constraints.

The table outlines CoreLogic’s Home Value Index as of 3rd November 2025, showing peak declines, five-year growth, and changes since the first rate cut in February.

Adelaide Property Market Forecast

While Adelaide’s outlook remains positive, the pace of growth may moderate. Nationally, housing supply remains well below average, and building activity continues to be hampered by high costs and limited capacity. Economists now expect a shallower interest-rate cutting cycle, with further reductions unlikely in 2025. This environment could slow momentum slightly, yet Adelaide’s tight listings, stable local economy, and relative affordability are likely to keep it in positive territory. The city is positioned for gradual, sustainable growth rather than rapid acceleration.

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’s property market is demonstrating resilience and steady confidence. Price growth remains solid, driven by scarce housing supply and consistent demand across price brackets. While the national market faces headwinds from inflation and affordability challenges, Adelaide’s fundamentals remain strong. Modest yet dependable gains and stable rental yields make it one of the more balanced and sustainable markets among Australia’s capitals.

Make Smarter Property Decisions Today