Adelaide Real Estate Market Insights

Making a move to Adelaide, SA? It's an excellent first step to decide whether it's suitable in your circumstances. Helping you make smarter real estate decisions is at the core of our business, which is why we at Homes.com.au have created a city profile to provide information regarding the Greater Adelaide market trends, demographics & median property prices to allow you to make informed decisions about your future purchase.

If you are making a move to the City of Adelaide, continue reading for a brief historical overview to discover the amazing lifestyle and what makes this city a worthy option.

Adelaide is the capital city of South Australia. It has a total land area of 3,259.8 km2, and it is home to 1,345,777 residents, based on the 2018 estimates of the Australian Bureau of Statistics. The metropolitan area of Adelaide has 19 local government areas made up of 421 suburbs.

Facilities Around Adelaide Adelaide today is South Australia’s centre for government and commerce. The city is also known for its festivals, sporting events, food and wine, and its natural wonders.

Most of the commercial establishments in the city are found in the city centre. Some of the famous shopping and dining areas in Adelaide are the Rundle Mall precinct and Adelaide Arcade. A wide range of boutiques and cafes are also found in North Adelaide on Melbourne Street and O’Connell Street, where North Adelaide Village is located. Then there’s also the Adelaide Central Market, where locals buy their fresh produce.

The South Australian Government promotes Adelaide as “Australia’s education hub”. Recently, there has been a growth in the number of international students studying in the city. There are four universities located in Adelaide (three public, one private), which are Flinders University of South Australia, the University of Adelaide, the University of South Australia and Torrens University Australia. In addition, there are three constituent colleges of foreign universities and several TAFE campuses across the city centre and metropolitan area of Adelaide.

Adelaide has a metropolitan public transport system consisting of a guided busway, commuter rail lines, and a tram network connecting the city from east to west and north to south.

Famous Destinations Around Adelaide

Adelaide Botanic Garden This 51-hectare land first opened in 1857 and has been an essential part of the City of Adelaide. Several heritage structures are located in this massive area, like the 19th-century Victorian glasshouse called Palm House.

Adelaide Zoo The Adelaide Zoo is Australia’s second-oldest zoo, located just north of the city centre. Over 3,000 animals (native and exotic species) live in this facility. One of the popular enclosures in the zoo is the South-East Asia exhibit, where visitors could be up close to Sumatran tigers and orangutans.

History of Adelaide Before the arrival of the Europeans, the Kaurna tribe already inhabited the Adelaide area. They called the place “Tarndanyangga”, which means the place of the red kangaroo.

Around 1830, the British planned to create a new colony in South Australia for free people (not convicts), with Surveyor General William Light selecting Adelaide as the capital of the new settlement in Dec 1836.

The city was named after Queen Adelaide, wife of King George IV. Its first governor, Captain John Hindmarsh, landed in the area in 1838. Two years later, Adelaide was given a corporation, making it the first city in Australia to be incorporated. Around this time, Adelaide already had its first mayor and establishments like a hospital.

Within the 19th century, many important buildings were erected in Adelaide, such as a church, the now decommissioned Adelaide Gaol, Town Hall and Post Office.

By the 1900s, the city’s population grew to 162,000, with more establishments being built, like the Parliament House and Adelaide Airport.

You've come this far, it seem like you are considering buying or selling in Adelaide, find out more about the real estate market by joining forces with an accomplished real estate agent in Adelaide on our find agent page.

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