South Australia 2024 End of Year Wrap

Most Wanted Property Type

Top Keyword Searches

Unlike in other capital cities, prospective buyers in Adelaide place less importance on having a home with a “study”, as this term has dropped completely out of the top 20 search rankings. This may reflect the

relative affordability of homes in Adelaide, where extra space is readily available, or indicate a lesser focus on work-from-home trends in smaller cities.

Buying a new home is still extremely popular, with “new” retaining its place as the second most searched term. This shift reflects a preference for turnkey options over renovations.

Searches for “view” have risen one place to third, indicating strong

demand for homes with scenic outlooks. “Waterfront” jumped into the top 20 after not featuring last year, and with “beach” ranking eighth, it suggests an increased interest in

coastal living and lifestyle-driven purchases.

The search for lifestyle or more affordable pastures remains strong. A significant 46% of regional SA enquiries are coming from Adelaide residents, while only 5% of regional SA enquiries are looking to move to Adelaide.

While most home hunters across SA come from within the state (79%), some set their sights on NSW (5%), Victoria (6%) and Queensland (5%) for big-city living.

In Demand Suburbs

1. Glenelg South

2. Crafers

3. Stirling

4. Unley

5. North Adelaide

Suburbs with the Quickest Sales

Suburb	Days of Market
Pooraka	48 days
Hackham	49 days
Klemzig	50 days
Ascot Park	50 days
Valley View	51 days

Suburbs with the Highest Clearance Rates

Suburb	Clearance Rates
Marion	95.7%
West Croydon	94.1%
Cheltenham	92.9%
Erindale	90.9%
Netley	90.9%

Price Per Square Meter

Most Expensive Suburbs	$/m2
Adelaide	$7,999/m2
Kurralta Park	$6,486/m2
North Adelaide	$6,264/m2
Glenside	$5,720/m2
Norwood	$4,836/m2

Least Expensive Suburbs	$/m2
Elizabeth North	$655/m2
Elizabeth East	$686/m2
Elizabeth Downs	$705/m2
Elizabeth Park	$757/m2
Elizabeth Vale	$770/m2

Areas with the highest proportion of distressed listings

1. Port Adelaide - West, 2.0%

2. Tea Tree Gully, 1.8%

3. Adelaide Hills, 1.6%

4. Adelaide City, 1.5%

5. Port Adelaide - East, 1.5%

Source: Domain End of Year Wrap - 2024

This article is intended for informational purposes only and does not constitute legal, tax, or financial advice. Always seek professional counsel tailored to your specific situation. Remember, all loan applications are subject to the lender’s approval and conditions, including fees and charges.