Key takeaways
Adelaide property values remain resilient, but growth is slowing.
Affordability pressures are increasingly challenging for buyers and renters.
Rental growth rates are moderating as market conditions stabilise.
Adelaide's housing market continues to show resilience, although the pace of growth has moderated notably. The recent economic and political uncertainties have somewhat tempered the previously robust market conditions.
Adelaide home values experienced moderate growth in recent months:
- April 2025: +0.3%, down significantly from March’s +0.7%
- Annual Growth: +9.8%, the first single-digit annual growth since December 2023
Adelaide housing market trends
| Timeframe | Property Price Change |
|---|---|
| Monthly (April) | +0.3% |
| Monthly (March) | +0.7% |
| Annual Change | +9.8% |
Source: Cotality Australia
Rapid increases over the past five years have heightened affordability pressures:- Five-Year Value Increase: 73.4%, approximately $350,000 added to median dwelling value
- Median Income Required for Rent: Record-high 33%
- Years to Save 20% Deposit: Approximately 10.6 years
Rental growth in Adelaide is easing:
- Monthly Rental Growth: Consistently +0.5% over the past three months
- Annual Rental Growth Rate: +5.5%, the slowest since March 2024
Adelaide house prices - the longer-term data
Adelaide’s housing market is likely to continue experiencing moderate growth in the near term:
- Further reductions in interest rates are expected to provide ongoing support.
- Affordability constraints and cautious lending are likely to limit substantial price gains.
- Continued undersupply will sustain upward pressures on home values.
Overall, the Adelaide market remains positive yet cautious, with affordability concerns and broader economic conditions shaping future outcomes. Buyers and investors are advised to monitor evolving market conditions closely.
- Also read:Buying an investment property with equity in Australia — a complete guide
- Also read:Latest property price forecasts for 2025 revealed. What’s ahead in our housing markets in the next year or two?
- Also read:Caveats – The Red Flags of Real Estate
- Also read:May Home Prices Rise as Interest Rates Fall | Latest Housing Market Stats Dr. Andrew Wilson
- Also read:Brisbane Property Market Forecast [2025] – What’s Ahead & Where to Invest
