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A Quick look at the Adelaide property market and suburbs to watch in 2022

Are you thinking of buying a property in Adelaide? If so, you’ll need to be aware of the current state of the real estate market. Here’s a guide to the property market in Adelaide to help you understand what you can expect in 2022.

How is the current property market in Adelaide?

The Adelaide real estate market is currently experiencing strong growth. Prices have been steadily rising in recent years and they are expected to continue rising in 2022. This is good news for those looking to buy a home because it means there will be plenty of options. However, keep in mind that the housing market can change and that it is always a good idea to consult with a professional before making any decisions.

The suburbs to watch

If you’ve been thinking about buying a house or property in Adelaide, now could be the time! These are just a few of the suburbs to keep an eye on.

Glenelg

Glenelg is a popular beachside suburb in Adelaide. It is well-connected to public transportation and has a variety of shops, restaurants and cafes, making it a popular choice among buyers. With its close proximity to the city and beautiful beaches, it’s no surprise that Glenelg is one of Adelaide’s most desirable suburbs.

Median house price: $1,227,000

Average rental price: $580 per week

Unley

If you want a refined family lifestyle close to the city, Unley is the place to be. This affluent suburb of Adelaide is known for its tree-lined streets, Victorian architecture and high-performing schools. It also has several parks, making it an excellent choice for families who enjoy being outside.

Median house price: $1,370,000

Average rental price: $595 per week

Malvern

Malvern, a lovely suburb south of Unley, is popular with families and young professionals. It’s close to the city centre while maintaining a sense of privacy and tranquillity. There’s a mix of period and newer homes here, as well as a variety of shops and restaurants.

Median house price: $1,950,000

Average rental price: $588 per week

Eden Hills

Eden Hills is a suburb on Adelaide’s southern outskirts. This suburb has it all: city views and country peace and quiet. The area, which is close to hospitals and universities, generates a high rental income, making it a wise investment. With friendly neighbours and a picturesque setting, it could also be an ideal place to settle down and enjoy!

Median house price: $726,000

Average rental price: $540 per week

Parkside

Parkside is an excellent location for those who want to be close to the city while also enjoying the benefits of a suburban lifestyle. It is less than a kilometre to central Adelaide by bus, bike or hike. Elegant mid-sized Victorian villas, two-bedroom heritage worker’s cottages and a handful of apartment complexes from the 1970s and 1980s are the mainstays here.

Median house price: $1,192,000

Average rental price: $560 per week

JKC Real Estate is dedicated to the people and properties of Adelaide. From the foothills and Eastern suburbs to the Bay and everywhere in between, our premier Adelaide real estate agency provides superior residential property services to the Adelaide community. If you are considering selling or buying a home in Adelaide, we would be delighted to assist you. Contact our team on (08) 8350 9805.

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