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The regions outside of Adelaide can broadly be described as being
lifestyle, agriculture or resource driven markets. The lifestyle markets
are seeing some improvement in local housing conditions as sea
changers and holiday home buyers become more active in the market.
Agricultural areas are generally dependent on weather conditions;
however, the wine regions are also benefitting from an increase in
lifestyle demand.
Resource driven markets continue to be challenged by low commodity
prices and a lack of capital expenditure, which is keeping housing
market conditions relatively subdued in these areas.
Lifestyle options driving
regional SA growth
Median prices across regional SA
Regional SA best performers
Rank
Suburb
$
Affordable
1
TAILEM BEND
$175,000
41 14.8%
2
RENMARK
$197,500
79 6.2%
3
SOLOMONTOWN
$122,500
22 3.8%
$$
Mid range
1
STANSBURY
$340,000
22 47.8%
2
LYNDOCH
$345,000
44 9.2%
3
PORT VINCENT
$339,500
29 8.6%
$$$
Prestige
1
RIVERGLADES
$385,000
17 44.9%
2
WILLIAMSTOWN
$384,000
43 23.9%
3
GUMERACHA
$401,000
13 13.0%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
Rank
Suburb
1
MURRAY BRIDGE
$187,500
37 10.3%
2
WHYALLA STUART
$132,500
22 9.5%
3
VICTOR HARBOR
$239,300
23 8.8%
4
PORT LINCOLN
$225,000
66 7.1%
5
WHYALLA NORRIE
$170,000
37 6.3%
* Based on postcode median house sale prices for 12 months to end September 2015.
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