Top 10 Adelaide suburbs for price growth in 2021

Speaking of the phenomenal growth, REISA chief executive Barry Money said: “Can you believe that 90 per cent of that 90 per cent – or 302 out of 334 suburbs – have in fact grown in median price in double-digit percentage terms?”

The research also found the December quarter saw a sharp rise in South Australia’s median house price by 16.78 per cent, reaching a new high of $515,000. Similarly, the median price of units and apartments increased by approximately 8 per cent.

For metro Adelaide, Mr Money reported a “17.58 per cent increase in the median house price year-on-year”, with some suburbs recording increases of more than 100 per cent.

Here are the top-performing Adelaide suburbs for price growth in 2021:

Suburb	Median 4Q 2020	Median 4Q 2021	Year-on-year median change
Springfield	$1,005,888	$ 4,000,000	297.66 per cent
Woodforde	$ 496,075	$1,650,000	232.61 per cent
Oakbank	$ 410,500	$ 970,500	136.42 per cent
Sefton Park	$ 546,000	$ 1,285,000	135.35 per cent
Unley	$ 894,000	$ 2,100,000	134.90 per cent
Glenside	$ 972,000	$ 2,150,000	121.19 per cent
St Peters	$ 1,060,000	$ 2,200,000	107.55 per cent
Wattle Park	$ 844,000	$ 1,682,500	99.35 per cent
South Brighton	$ 510,000	$ 1,012,500	98.53 per cent
Stepney	$ 885,000	$ 1,705,000	92.66 per cent You need to be a member to post comments. Become a member for free today! Comments powered by CComment Related articles Author Noemi Pamintuan-jara Know more More from this writer: Construction costs reach highest level since GST implementation 10 economic powerhouses boasting strong property markets 20 Perth suburbs with the most impressive turnarounds post-pandemic Mixed bag for home values as Australia shifts to multi-speed market The basic principles that can become a 31-property portfolio Most expensive and most affordable rental suburbs in Australia’s capital cities What’s the likely outcome of a cash rate hike for investors?