We are not responsible for any loss that you may incur as a result of relying on these currency conversions. The southern penthouse is currently on the market, marketed by Fox Real Estate's Marina Ormsby. The suburb is located between the Adelaide CBD and the Adelaide Hills, close to Burnside and Beaumont, the latter featuring seventeenth on this list. Year built: 1982. You compete well on location to even the best hotels and all of the major sites and transport are within walking distance. The equivalent suburb in Sydney would have prices in the $1.5 million to $2 million range, but Magills median is $885,000. 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. 6 McKinlay Court, Mawson Lakes sold for $2.1 million. They like to keep the sale private and we respect that. So, when it comes to luxury homes, the most expensive houses in Sydney are a seemingly endless series of architectural masterpieces.. 8. 3. *Upfront costs include stamp duty, mortgage registration and transfer fees. Counting the cost from Reception through to Year 12 at Adelaide's top private schools reveals parents are paying almost $300,000 in fees at current rates, which are likely to increase over time. 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg, 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg, 12-mills-terrace-north-adelaide-a3931596-82be-4602-abbf-a7f1a8ad0889.jpg, View Grant Giordano's profile on Luxury List, View Graham Bowie's profile on Luxury List, Graham Bowie Sotheby's International Realty South Australia, Grant Giordano South Australia Sothebys International Realty, Jacqui Ilicic South Australia Sothebys International Realty, Property markets perfect storm - Ray White, Brand new Hawthorn East apartments for sale with skyline views - RT Edgar, How fear of failure is causing you to fail, Interconnected Agent Network Overcame State Border Closures, How I made $850,000 before getting out of bed, how you can too. Adelaide. Claridge Construction has a reputation as a highly regarded luxury home builder in Adelaide. The report noted that Adelaides prestige property market typically starts at the $3 million and tops out at $5 million before being known as the ultra-prestige market. With a median price of $1,735,400, Walkerville is northeast of the Adelaide CBD, and north of St Peters. After reviewing what feels like every display home in Adelaide, we wanted Dechellis over. Theres been a steady rise in buying activity in this highly-regarded suburb over the past 18 months. Save. 30 Strathmore Ave, Lockleys $2.25 million. "The most expensive suburbs are Unley Park, Springfield, North Adelaide, Gilberton, Fitzroy and along the esplanade/ foreshore suburbs from Tennyson through Glenelg and Brighton," he says. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Consider whether this advice is right for you, having regard to your own objectives, financial situation and needs. Located to the south of Adelaides CBD, the suburb is close to fourth place Malvern and seventh place Millswood. Stormont mansion at 14 South Esplanade, Glenelg sold for $6.5 million. NORTH ADELAIDE. That may still sound like a lot, but when you consider Melbourne's most expensive property sold in 2021, 47 Lansell Road in Toorak, changed hands for $43.1 million, and Sydney's priciest property sold was a penthouse in ANZ Tower that went for $60 million The suburb is just south of Hazelwood Park, another suburb on this list, both of which are located in close proximity to the Adelaide Hills. 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. It has claimed for itself the status as the high-tech innovation capital of Australia, with many national and international businesses based there. Asking prices for the postcode 5066 hit February 2022 highs of $1.8 million and are currently floating around $1.5 million. Upfront costs do not consider other costs including conveyancing or lenders mortgage insurance. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. What is the most expensive house in Adelaide? Enquire today! And keep reading to find out the richest Adelaide suburbs following Medindie. Recent major price uplift and 0.3% vacancies attest to the popularity of the location. Fitzroy is also an affluent suburb in Adelaide, located some 4 kilometres north of the Adelaide CBD, and borders North Adelaide. "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. The six-bedroom, seven-bathroom property sits on a large 2,231 sqm block, with the house itself doubling in size since it was originally built. Into the heart of adelaide. Exclusions, T&Cs apply, Copyright 2023 CANSTAR Pty Limited AR 443019, 10 best suburbs in Adelaide to invest in 2023, Fees & charges apply, Australian Credit Licence 230686, Fees & charges apply, Australian Credit Licence 395219, Thanks for visiting Canstar, Australias biggest financial comparison site*, ubank | Neat Home Loan Owner Occupied P&I 70-80% | Variable, loans.com.au | Smart Booster Home Loan Intro 2 yrs | Variable, Canstars Financial Services and Credit Guide (FSCG), Financial Services and Credit Guide (FSCG). More on this sophisticated suburb below. The suburb has a median house price of $1.9 million, with asking prices floating around the $1 million mark for the postcode 5082, which includes some five other suburbs. If you can afford it, Medindle is known as a superb lifestyle suburb, with many luxurious homes . According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. 47, sits on 3300 sq m of choice Toorak acreage. 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. The suburb is situated about four kilometres from the central business district. Adjacent to the second-placed Unley Park, Malvern has a median house price of $1,964,000. Buyers have targeted Adelaide for its relative affordability, higher-than-average yields and good growth prospects. Adelaide Private School Fees, have been taken from 2019 to 2022. This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. Average Price: $1,745,852. **Rotate your phone to landscape to view the full table**. Homebuyers are paying in CASH: Retirees and owners who made a profit selling property in more expensive parts of US are snapping up homes in the Southeast - including Augusta where 72% of deals . 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. Houses are in the $400,000s, there are multiple schools, the Cobbler Creek Recreation Park and proximity to employment zones. Pictured: 23 Coreega Avenue, Springfield. $130 million. What is The Most Expensive House in Adelaide? Prefer us not to? We sold five homes just last week with prices over $5m but we didnt disclose that, Mr Williams said. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Located almost 20 kilometres east of the Adelaide CBD in the Adelaide Hills, Ashton is home to many vineyards and orchards producing crops including cherries, apples, lemons, pears, and many other fruits and vegetables. The suburb is home to a selection of stylish and upmarket shops, popular cafes, and is one of Adelaides most desirable suburbs. Botten + Bowser, North Adelaide. Adelaide is the cheapest place to rent in Australia but Melbourne renters are also winning as prices have barely increased in the past 12 months. Semaphore. This advice is general and has not taken into account your objectives, financial situation or needs. Value for money real estate defines the Adelaide market and this is reflected in our Top 10 selections. Image - Harcourts Pilgrim. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular credit product or loan. The stone mansion was originally built in 1912 and has a detached guest house, swimming pool and tennis court. Mining heiress Angela Bennett's Mosman Park Mansion sold in 2009 for a then-record $57.5 million. Even a quick peruse of the classifieds also showcases which way prices are headed in South Australia's capital up. 6 Farrell St, Glenelg South $3,720,000, 6 Farrell Street, Glenelg South. Canstar is a comparison website, not a product issuer, so its important to check any product information directly with the provider. 4.5 (74) Site Admin. The suburb is bound mostly by main roads, including to the north by Kensington Road, to the South by the B26 or Greenhill Road and to the east is Portrush Road or the A17; Prescott Terrace is on the western border of Toorak Gardens. The table position of a Sponsored or Promoted product does not indicate any ranking or rating by Canstar. Local agent Graham Bowie of Sotheby's Realty South Australia says open homes in these areas attract huge numbers. It is the same postcode as Toorak Gardens, and sits to the west of the number one ranked suburb. . "An open inspection in any of these suburbs attracts maximum attention, although many vendors in Adelaide (particularly these areas) opt for private inspection and no signboards," he told WILLIAMS MEDIA. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. The same could be said for parts of Unley Park, particularly the gracious homes on tree laden Victoria Avenue. 17 St Georges Road, Toorak, VIC - $65M. The most expensive regions in Australia are: Victoria, Australia $6,020/sqft. As of 2021, prices rose dramatically, breaking with the $10,000 or $20,000 year-on-year rises and falls. Median house prices come in at $1,673,000, with SQM data showing asking prices for the post code of 5062 to be in excess of $1.2 million over the past few months. Across Australia, house values . Most Expensive: Under $600. Pic: supplied, 5. The four-bedroom, double-storey home, built on a spacious 3773sq m allotment, was sold by Brett Pilgrim and Leon Yuan of Harcourts Pilgrim in October this year. 231 Esplanade, Aldinga Beach sold for $2.05 million. 5 beds. Taking first place is Medindie! 23 Wotuna Terrace, St. George - $6,080,000. 2. Some of the opulent benefits worth mentioning include a professional kitchen with butler's pantry, music studio, billiards room, games room, library, arts and crafts room, theatre room, gym and garage parking for three and that's just on the ground floor. Interestingly enough, the house's selling agent held the record for selling Australia's most expensive house back in 1980, although that one fetched a "mere" $2,150,000. Affordability and proximity to major employment zones are boosting demand, while investors are attracted by the low prices, high yields and low vacancies. Photo: northernstar.com.au. 12. Distance: 2.8km from the CBD Rent average: $200/week private room. For sale through Grant Giordano and Jacqui Ilicic of South Australia Sothebys International Realty. 81 Seaview Road Tennyson sold for $5.2 million. The median house price is $2,019,600, with weekly asking prices around $1.3 million, again the weekly asking price includes data from other suburbs under the postcode 5069. which is the median house price divided by the pre-tax median household income - to rate housing affordability. Another exclusive suburb, Tennyson occupies a thin strip up and down the coast just north of Grange Beach and south of Semaphore Park. While beachside homes have been always been in demand, the majority of properties topping this years list of premium prices are in inner city suburbs. READ MORE: Ciara drops $33.5 million on Colorado mansion. The information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. 19 Statenborough St, Leabrook $8 million. So, when you see the eye-watering $12 million asking price of 488-500 Yatala Vale Road in the northeastern suburb of Yatala Vale, you know it's going to be something special. West Creek Ranch, Gateway, Colorado ($279 million) Mansion Global. Fortunately, the entire team is making its way to Adelaide for an event with the Aristologist team . 25 Wootoona Tce, St Georges $4,108,888, 25 Wootoona Tce, St Georges. Pic: supplied, 2. Its a fair dinkum transaction and a record, but its not a sale.. A Gilberton mansion took out the title in 2016, a suburb not in the below list, but 2015 saw a house in Walkerville take out the top gong. 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. Similarly, the most expensive house in Adelaide 2020 was in Henley Beach, again, not on the below list . Read more reviews. Luxury Holiday Homes at a Fraction of the Cost. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. 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. 4 bed, 3 bath, 2 car. The list of the next biggest houses follows. Houses. WA is next with $300,252 and Elizabeth Downs in Greater Adelaide at $305,336. The penthouse sold for $5.2 million, making it the most expensive apartment ever sold off-the-plan in Adelaide. 29-31 St Georges Road, Toorak, VIC - $88M. Maria Bekiaris Sold by Sally Cameron of Toop & Toop. 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