fact-checking process. As you'd expect, accommodation close to the city centre is generally the most expensive. West Creek Ranch, Gateway, Colorado ($279 million) Mansion Global. Rents have risen 15% in the past 12 months. This has pushed house values into the $500,000s, but this market is early in a growth cycle. Shortages of rental properties are common across Australia, but there is nowhere quite like Adelaide. In April of 2019, this seven-bedroom, eight-bathroom home in the north west suburb of Tennyson sold for $5.2 million, by Mr Giordano. Dulwich is bordered on the east by Toorak Gardens, and to the west by Victoria Park and the Adelaide CBD. According to the certificate of transfer, the new owners paid a whopping $433,830 in stamp duty and a further $65,867.50 in LTO fees. Personalised advertising: We show you more relevant advertising based on your activity. Upfront cost canstar.com.au as at 7 October 2022. *Upfront costs include stamp duty, mortgage registration and transfer fees. Greater Sydney dominated the "most expensive" category, with three of the most expensive house markets located in the area. The most expensive house sold in 2020 was a five-bedroom, three-bathroom beachfront home on the famous Henley Beach. Vacancies are near zero and yields are high. 44 Church Terrace was sold on 25 September 2015 for $3,588,000. That has resulted in increased demand for luxurious properties, Mr Williams said. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. With more than 3000 properties currently listed for sale in Adelaide, and with the highest clearance rates in the country, it's fair to say the City of Churches' real estate market is booming. Explore our stunning collection today. Pictured: 145 Hill Street, North Adelaide. Review Summary; Specifications; Customer Service. 20 Wolseley Road, Point Piper, NSW - $45M. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. And, if anything, 'special' is underselling just how awe-inspiring this one-of-a-kind estate is. Toop & Toop. Median house prices for Medindie are around $1,886,400, with asking prices floating around the $1.1 million mark in recent times. According to Domain's latest data, the median house price in Adelaide rose by 27.5 per cent last year, with the average abode setting buyers back north of $731,000. The One. 34 South Esplanade, Glenelg South. Botten + Bowser, North Adelaide. Stamp duty based on non-first home buyer, owner occupier purchase of an established dwelling. The penthouse sold for $5.2 million, making it the most expensive apartment ever sold off-the-plan in Adelaide. Again this sale represents a rapidly diversifying housing market especially when you consider the house & land sale was on less than half the land of the other two landmark sales in an historically less prestigious suburb he said. This home is so expansive that it straddles the states of Utah and Colorado. "All of the areas mentioned are tightly held with modern townhomes and penthouses available along the foreshore, Leafy gardens, established period homes in the Old Money suburbs and Springfield being an eclectic mix of recreated Georgian and modern architecture with a few stunning period properties," he adds. Canstar is a comparison website, not a product issuer, so its important to check any product information directly with the provider. The median price for Dulwich is $1,796,400, with asking prices around the mid $1.5 millions. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Luxury real estate in Adelaide, South Australia What you get: . The suburb is also between the Adelaide CBD and the Adelaide Hills, more so to the side of the hills. What is The Most Expensive House in Adelaide? The Jewel Of Hunts Point: private estate fro sale in Bellevue, Washington, USA, $85,000,000. 5 Scott Creek Rd, Heathfield sold for $4.1 million. This advice is general and has not taken into account your objectives, financial situation or needs. 30-34 Hall Street, Semaphore sold for $2.625 million. Paula Thompson. When it comes to real estate growth, the pandemic, experts say, has not slowed sales down. Sponsored or Promoted products may be displayed in a fixed position in a table, regardless of the products rating, price or other attributes. Adelaide Crescent Hove. While the transaction set a new benchmark for prestige property in SA, the landmark home is not the first to make headlines for its eye-watering sale price. But, what about the luxury market? "Sydney house prices have now fallen by 10.8 per cent from their peak in February 2022. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. Virtually every postcode has a vacancy rate under 1%, with rents up almost 20% in the past year, according to SQM Research figures. The list of the next biggest houses follows. Opt Out of personalisation. Older couples and families are moving in for its relaxed way . Dover Gardens thrives on its proximity to the Flinders University/Flinders Medical Centre precinct, as well as the Tonsley Innovation District and the Westfield Marion shopping centre. West Beach is a wonderful family friendly suburb located between Henley and Glenelg. CoreLogics guide to navigating a looming fixed-rate cliff, Lismore flood disaster: one year on but insurance battles ongoing, To-die-for: 5 luxury holiday homes on Sydneys outskirts, that you can now co-own. Sold by Sally Cameron of Toop & Toop. A little further out than the above-mentioned suburbs, Royston Park has a median price of $1.71 million, and asking prices around the $1 million mark. $130 million. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. Sea and tree changers are still driving regional property prices up, but the peak is over, More young Aussies are under extreme housing stress than babyboomers, AHURI and UNSW study finds. 81 Seaview Road Tennyson sold for $5.2 million. Located on a leafy promenade in St Georges, 23 Wootoona Tce sold for a verified $6,080,000, making it the most expensive home bought in Adelaide in 2021 under those criteria. This five-bedroom character home on 382 The Parade boasts custom renovations including a substantial landscaping uplift. Hackney is also home to a caravan park and other amenities. Hackney also borders Adelaide Park Lands and the Botanic Gardens, with the asking prices around $1.3 million. Curiously, not all of Adelaides most expensive houses called Adelaides most expensive suburbs home. Most Expensive: Under $600. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. Year built: 1982. **Rotate your phone to landscape to view the full table**. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. Unsurprisingly, suburbs on the picturesque eastern fringe of the city, such as Toorak Gardens, Rose Park and Leabrook, command some of the highest house prices in Adelaide. Again, this is for the postcode 5137, which also includes Marble Hill. 38a Wentworth Road, Vaucluse, NSW - $63M. It's south border runs along the Adelaide Park Lands, minutes away from the CBD and walking distance to the North Adelaide shops. The house is in a much sought-after residential area and given the high demand and low stock, we are not surprised it sold quickly, and for that amount, Mr Yuan said. Vacancy rates SQM Research as at September 2022. What are the most expensive house sales in Adelaide? The property fetched $8.25 million, with some of the enviable features, such as two kilometres of direct beach frontage, a helicopter pad, dune buggy race track, and of course the usual trappings of a swim spa, six bedrooms, and five bathrooms. A house in . It also comes as no surprise that major players are also setting their gaze on Adelaide, Canstars Rising Stars Report, powered by Hotspotting, put Adelaide at the top of its best city and region to buy in for 2023, beating 14 other jurisdictions including the state capitals, and regional areas. Overlooking the North Adelaide Parklands and the CBD, the house sits on a 2,058 sqm block and features a tennis court and sun-bathed heated swimming pool. It was predicted to be a slow year for real estate in Adelaide but it has been exactly the opposite, said Mr Allan. A single-storey four-bedroom, two-bathroom house in Unley Park took out the top spot for the most expensive Adelaidean house sold in 2014, selling for $5.125 million. 3 Lindsay Avenue, Darling Point NSW - $63-67M. The leafy green suburb is located just outside the main Adelaide CBD and adjacent to eighth place Dulwich. One of the most notable sales from 2022, according to HTW, was 400 Coopers Beach Road in Nalyappa, some two hours drive away from Adelaide, or 175 kilometres. Another exclusive suburb, Tennyson occupies a thin strip up and down the coast just north of Grange Beach and south of Semaphore Park. Along with the pool, the property has a long driveway and tennis court. The property includes some 1,487 square metres of building area, all sat on a (circa) acreage. A haven for the well-heeled, North Adelaide's second-to-none location and stunning old homes have long seen it counted among the city's most expensive suburbs. If anything, lockdowns or the thought of isolating at home has made South Australians buy larger estates and invest in spacious homes. 18 Bellerophon Street, Yatala Vale sold for $1.56 million. Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. See the full list below. 1 Houses in Adelaide from $180. ", CoreLogic's most expensive suburbs in Adelaide (based on median value), These are Queensland's most expensive suburbs, "Confidence is well and truly back" in South Australian market, Keep the conversation going with Recon Daily. What is the most expensive house in Adelaide? This is a paid advertisement. How Much Does A Conveyancer Cost in Australia? It is the same postcode as Toorak Gardens, and sits to the west of the number one ranked suburb. Floors: 18. Land size: 4.27ha. 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