Rents across SA have reached a record high, new data reveals.
Rents across South Australia have once again hit a new high following more price rises over the past three months.
The median advertised rent for a property in regional SA climbed 4.7 per cent over the first quarter of 2026 to reach $450 per week, latest PropTrack figures reveal.
It is now a huge 12.5 per cent higher than it was at the same time last year – yet still the nation’s most affordable regional market.
Rents for houses were up 2.2 per cent for the quarter and 7 per cent for the year, taking the median to $460 per week, while those for units recorded 7.6 per cent growth for the quarter and 18.3 per cent for the year, taking the median to $355 per week.
Both Adelaide and regional SA recorded a rise in median advertised rents over the past three months.
Meanwhile, the median advertised rent for an Adelaide property climbed 3.3 per cent over the past three months to reach $620 per week.
It is now 4.2 per cent higher than it was at the same time last year.
Growth for houses outpaced units, according to the data, with the median advertised rent for each sitting at $647 per week and $550 per week respectively.
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Rents for houses were up 2.7 per cent on the previous quarter and 4.4 per cent on the previous year, while those for units remained flat for the quarter but were 3.8 per cent higher year-on-year.
It comes as a fresh blow to tenants, who are facing higher prices than those in Melbourne and Hobart, where the median advertised rent sits at $590 per week each for a property.
Turner Real Estate chief executive Emma Slape. Picture: Brad Griffin.
However, Turner Real Estate chief executive Emma Slape said the rises weren’t impacting everyone.
“I think it really comes down to the price point,” she said.
“In some areas it’s still really hard and in other areas we’ve got properties sitting there and can’t move because they’re overpriced.
“If a property is overpriced for the area, they don’t let.”
Ms Slape said any property advertised for less than $500 per week was in high demand, while houses with three to four bedrooms and larger units were more hotly contested.
“On a Kensington Gardens property that we had for lease at $455 per week, we had 52 tenants attend the inspection and 47 applications,” she said.
REA Group senior economist Angus Moore. Picture: Supplied.
REA Group senior economist Angus Moore said rent growth remained solid across the country, yet below the peak levels seen in 2022 and 2023 as somewhat improved rental availability, as well as strained rental affordability, slowed the pace of rent increases.
“Looking ahead, the slight improvement in rental availability should see the more modest pace of rent growth recorded over the past 12 months continue throughout the rest of this year,” he said.
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