SA house prices rise again – one suburb’s growth stuns experts

Despite South Australia’s property market cooling it is still shining brightly on the national stage as the latest Valuer-General’s figures reveal home values across the state have continued their climb. South Australia’s median house value has increased 1.37 per cent, or $1200, over the past three months to $887,000, while the metropolitan median is up 0.52 per cent, or $500, to $975,000. Further, SA’s statewide median value for houses is up 12.28 per cent, or $97,000 on this time last year, with the metro median up 12.59 per cent, or $109,000. Last quarter the state’s median house price growth was $22,500 for the quarter, while the metropolitan median had grown $45,000 for the same period. The state recorded 6698 sales for the quarter – up on the 5918 in the previous quarter but down on the 6734 for the same period last year. Real Estate Institute of South Australia chief executive Andrea Heading said the market was performing strongly. “The Q2 2026 results confirm that South Australia’s housing market continues to grow at a sustainable pace,” she said “A 1.37 per cent quarterly increase in the statewide median house price shows we’re seeing measured, healthy growth rather than t...