Residential, Lifestyle And Rural Property

2024 Suburban Hotspots. The Best Places to Sell Property in Adelaide.

2024 Suburban Hotspots. The Best Places to Sell Property in Adelaide.

2024 Suburban Hotspots. The Best Places to Sell Property in Adelaide.

11 Adelaide Suburbs Set to Delight Sellers in 2024.

 

If you're thinking about selling your home in 2024, you might be in luck.

And if you’re not? Maybe you should be.

The Adelaide property market positively shone in 2023... and 2024 looks set to continue the trend.

With house prices continuing to rise and a competitive market full of eager buyers, some suburbs stand out as particularly promising for sellers.

Here’s a closer look at why certain hotspots might just be your ticket to a successful sale in the coming 12 months.

 

Why is Adelaide a property seller’s haven?

Adelaide has been a standout in Australia's property scene since the pandemic hit.

A mix of scarce rentals, competitive buyers fighting FOMO and solid capital growth has kept Adelaide's market sizzling - and recent insights confirm what experts have been suggesting for months: property value growth in Adelaide isn't cooling off anytime soon.

But why has it remained so robust? A lack of new listings.

Compared to last year, we're seeing fewer homes for sale, which means the ones that do hit the market are in hot demand.

With total sales climbing and days on market decreasing too, it's clear buyers are ready and waiting to snap them up.

January saw yet another boost in overall median house prices, pushing annual growth into impressive double digit territory.

This upward trend is supported by CoreLogic's latest findings, which highlight Adelaide's remarkable resilience and rapid growth compared to other capitals.

So, what does all this mean for you as a homeowner? It’s an excellent time to consider selling.

Simply put, if you own a home in Adelaide, especially in an up-and-coming buyer hotspot, you're sitting on a potential goldmine and could stand to make a tidy profit.

But it's not just about deciding to sell; it's about selling smart.

Based on recent value trends and median sales price growth*, we've identified 11 suburbs where we think sellers are likely to see substantial interest and attractive offers in the next 12 months.

Here are the suburbs we’ll be keeping an eye on in 2024:

(market data provided below is sourced from www.propertyvalue.com.au as at February 2024)

 

Hackham West

Median Sale Price $491K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 14.2% National average is 4.3%
Average Days on Market 24 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Huntfield Heights, Noarlunga Centre, Morphett Vale, Hackham

 

Marleston

Median Sale Price $789K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 16.9% National average is 4.3%
Average Days on Market 35 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Kurralta Park, Netley, Ashford, Richmond, Keswick, Plympton, Mile End South

 

Maslin Beach

Median Sale Price $715K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 13.5% National average is 4.3%
Average Days on Market 28 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Moana, Tatachilla, Seaford Rise, Port Willunga

 

McLaren Flat

Median Sale Price $993K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 20.75% National average is 4.3%
Average Days on Market 45 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs McLaren Vale, Blewitt Springs, Kangarilla

 

Onkaparinga Hills

Median Sale Price $906K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 40.5% National average is 4.3%
Average Days on Market 32 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Hackham, Morphett Vale, Blewitt Springs, Woodcroft

 

Port Noarlunga

Median Sale Price $701K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 14.9% National average is 4.3%
Average Days on Market 49 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Christies Beach, Noarlunga Downs, Seaford Meadows, Port Noarlunga South

 

Reynella

Median Sale Price $585K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 16.5% National average is 4.3%
Average Days on Market 24 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Old Reynella, Sheidow Park, Morphett Vale, Lonsdale

 

Salisbury North

Median Sale Price $430K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 13.2% National average is 4.3%
Average Days on Market 29 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Paralowie, Elizabeth South, Salisbury, Burton

 

Seaford Meadows

Median Sale Price $640K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 14.8% National average is 4.3%
Average Days on Market 32 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Port Noarlunga South, Seaford Heights, Seaford, Noarlunga Downs

 

Sellicks Beach

Median Sale Price $695K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 24.6% National average is 4.3%
Average Days on Market 31 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Aldinga Beach, Silver Sands, Sellicks Hill

 

Woodville North

Median Sale Price $663K The middle sales price for all transactions recorded in the suburb over the past 12 months (houses & units)
Median Sale Price Change (12 months) 20% National average is 4.3%
Average Days on Market 56 The average time it has taken to sell a property in the last 12 months (houses & units)
Neighbouring suburbs Woodville, Woodville Gardens, Athol Park, Pennington, Mansfield Park

 

The current market conditions offer a prime opportunity for homeowners considering selling.

The unique combination of tight supply, eager demand and robust value growth means specific suburbs are set to deliver exceptional returns in 2024.

But selling your home involves more than just listing it; it's about making a strategic decision that aligns with market trends.

With the market as lively as it is, partnering with a knowledgeable real estate expert can provide you with the insights and guidance you need to navigate these opportunities and find the right buyers for your home.

So as you consider your next move, why not reach out to the experienced team at We Connect Property and take the first step towards turning your property's potential into a rewarding - and profitable - sale.

 

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If you’d like some expert guidance and support, we’re ready and waiting to help.

And if you’re just getting started, or looking for more valuable property selling, buying or investing tips, tricks and hints? Check out these other handy articles on our blog:

 

And for all the very best property selling, buying or investing advice, why not connect with us?

We Connect Property are your local property market specialists with over 21 years’ experience in selling, buying and managing property in southern Adelaide - check out our 5 star Google reviews here to find out what our happy clients think!

 

Give us a call on 0403 799 983 today, or drop a line to sales@weconnectproperty.com.au - we can’t wait to chat!

 

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We Connect Property - your Adelaide real estate & property management specialists.

 

DISCLAIMER: All recommendations made by We Connect Property are general in nature and not to be relied upon as legal or financial advice. To ensure accuracy, we always strongly recommend seeking independent, professional advice tailored to your specific situation before making any investment or financial decisions.

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