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

Adelaide’s upswing continued in August, with values rising 0.9% and remaining at peak. The median dwelling value sits around $851k, keeping the city relatively affordable versus the east-coast leaders while still marking a strong cycle-to-date performance.

Market Highlights

• +0.9% in August; at peak; median ~$851k
• Quarter +2.1%; annual +6.5%; five-year +76.7%; since Feb rate cut +2.9%
• Rents: houses ~3.0% y/y; units ~4.0% y/y; gross yields ~3.7%
• Tight stock and steady demand; rental pulse firming; investor returns mid-pack
• Standout SA3s: Playford 9.6%, Adelaide Hills 9.5%, Port Adelaide – West 8.9%
• Outlook: gradual gains through spring; affordability supports while lending and budgets cap pace

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

Growth is steady across timeframes: about 2.1% over the quarter and 6.5% year-on-year. Over a longer lens, values are up ~76.7% in five years, and ~2.9% since the February rate cut—evidence of durable momentum rather than a sprint.

View the latest property value movements across Australia’s capital cities. Use the filters to explore monthly, quarterly, and annual changes by dwelling type and region. Data sourced from CoreLogic.

Adelaide Property Market Trends

• Investor returns remain mid-pack, with gross dwelling yields near 3.7%.
• Rental conditions are firming from moderate levels: house rents ~3.0% y/y and unit rents ~4.0% y/y.
• Local out-performers over the past year include Playford (~9.6%), Adelaide Hills (~9.5%), and Port Adelaide – West (~8.9%), highlighting resilience across northern, hills, and western corridors.

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

Into spring, a seasonal lift in listings is likely to be met by solid demand, underpinned by improved household sentiment, easing cost pressures, and low negative equity. Affordability advantages versus pricier capitals and stable rental demand should support further—but measured—price gains.

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 remains a steady leader of this cycle: prices are edging higher from a high base, rentals are tightening gradually, and several SA3s continue to outperform. The most probable path is incremental growth rather than a surge, with fundamentals supportive and risks contained.

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