Adelaide - Central and Hills Property Market & Development Rates — May 2026 | Suburbtrends

Adelaide - Central and Hills Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Adelaide - Central and Hills SA4 range from $898,000 (Adelaide Hills) to $1,700,000 (Burnside). The stock-weighted rental vacancy rate is 9.2%, ranging from 6.9% in Adelaide Hills to 10.5% in Adelaide City. Top median house rent is $815/week in Beaumont - Glen Osmond.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$1.70M
Burnside median house
$1.60M
Unley median house
+16.8%
Top SA3 growth (Norwood - Payneham - St Peters)
9.2%
SA4 vacancy (weighted)
$815/wk
Top house rent (Beaumont - Glen Osmond)
936
Houses listed for sale

What is the median house price in the Adelaide - Central and Hills?

Median house prices across the Adelaide - Central and Hills's SA3 markets span $898,000 to $1,700,000, with Burnside the most expensive market and Adelaide Hills the most affordable.

SA3 house markets, Adelaide - Central and Hills — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Burnside$1,700,000+4.9%$785,00020
Unley$1,600,000+7.4%$725,00020
Norwood - Payneham - St Peters$1,518,000+16.8%$711,99819
Prospect - Walkerville$1,400,000+6.9%$625,00021
Campbelltown (SA)$1,150,000+15.0%$705,00018
Adelaide City$1,120,000−1.8%$547,50019
Adelaide Hills$898,000+8.2%$695,00023
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Adelaide Hills4205774
Campbelltown (SA)138491921
Burnside125302423
Norwood - Payneham - St Peters76423951
Unley73293335
Prospect - Walkerville59272623
Adelaide City4524157170

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Toorak GardensBurnside$1,850,000+3.8%$726,000
Beaumont - Glen OsmondBurnside$1,680,000+1.8%$780,000
St Peters - MardenNorwood - Payneham - St Peters$1,650,000+4.8%$702,500
Unley - ParksideUnley$1,650,000+3.1%$760,000
North AdelaideAdelaide City$1,635,000+28.7%$648,000
Burnside - Wattle ParkBurnside$1,610,000+3.3%$810,000
WalkervilleProspect - Walkerville$1,565,000+15.3%$620,000
Norwood (SA)Norwood - Payneham - St Peters$1,500,000+33.9%$850,000
Goodwood - MillswoodUnley$1,500,000+7.1%$705,000
Payneham - FelixstowNorwood - Payneham - St Peters$1,451,000+17.0%$687,000
ProspectProspect - Walkerville$1,425,000+13.1%$607,000
Uraidla - SummertownAdelaide Hills$1,342,000+16.2%
Nailsworth - BroadviewProspect - Walkerville$1,298,000−14.9%$650,000
Hahndorf - EchungaAdelaide Hills$1,275,000+4.1%
Aldgate - StirlingAdelaide Hills$1,250,000+24.4%
Rostrevor - MagillCampbelltown (SA)$1,215,000+14.3%$650,000
Paradise - NewtonCampbelltown (SA)$1,060,000+10.4%$740,000
AthelstoneCampbelltown (SA)$1,010,000+6.9%
AdelaideAdelaide City$990,000+4.2%$539,000
Adelaide HillsAdelaide Hills$950,000−15.6%
Mount BarkerAdelaide Hills$862,650+14.4%$675,000
NairneAdelaide Hills$845,000+9.7%
Mount Barker SurroundsAdelaide Hills$835,000−2.9%
Lobethal - WoodsideAdelaide Hills$832,500+1.5%

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Adelaide - Central and Hills areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Norwood (SA) +33.9%, North Adelaide +28.7%, Aldgate - Stirling +24.4%, Payneham - Felixstow +17.0%, Uraidla - Summertown +16.2%. The softest market was Adelaide Hills (-15.6%).

What is the rental vacancy rate in the Adelaide - Central and Hills?

The stock-weighted rental vacancy rate across the Adelaide - Central and Hills SA4 is 9.2% as at May 2026. Conditions range from 6.9% in Adelaide Hills to 10.5% in Adelaide City.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Adelaide Hills7.5%7.8%8.7%8.2%7.4%6.9%260
Burnside9.4%11.1%10.0%10.2%7.6%8.2%243
Unley6.9%7.1%6.9%6.3%9.0%8.7%229
Norwood - Payneham - St Peters8.1%7.9%7.3%6.2%6.9%9.4%339
Prospect - Walkerville12.0%9.4%8.5%8.3%8.8%9.6%188
Campbelltown (SA)12.2%14.1%15.1%12.5%9.3%10.0%280
Adelaide City11.2%13.2%13.3%12.5%11.4%10.5%467

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Adelaide - Central and Hills?

Median house rents across the Adelaide - Central and Hills run to $815/week in Beaumont - Glen Osmond at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Beaumont - Glen Osmond$815$570$765$980
Toorak Gardens$800$590$800$1150
Walkerville$800$620$790$950
Burnside - Wattle Park$775$590$720$875
Unley - Parkside$760$620$800$1000
North Adelaide$750$650$800$1100
Aldgate - Stirling$750$625$700$875
St Peters - Marden$730$620$730$900
Norwood (SA)$720$650$820$950
Goodwood - Millswood$695$575$720$995
Rostrevor - Magill$690$550$680$800
Payneham - Felixstow$675$540$660$820
Adelaide$660$650$760$950
Paradise - Newton$660$550$660$720
Hahndorf - Echunga$650$450$650$695
Lobethal - Woodside$650$580$580$675
Uraidla - Summertown$650$630$695$775
Athelstone$650$520$630$700
Nailsworth - Broadview$650$540$650$860
Prospect$650$580$660$850
Mount Barker$600$480$580$670
Nairne$600$430$590$640
Mount Barker Surrounds$595$550$750
Adelaide Hills$580$450$590$750
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Uraidla - Summertown$630$630$750
Adelaide$620$660$780
Norwood (SA)$620$585$800
Walkerville$600$600$690
Aldgate - Stirling$590$650$650
North Adelaide$580$610$780
Paradise - Newton$580$505$680
Beaumont - Glen Osmond$575$570$750
Unley - Parkside$570$560$750
Mount Barker$560$480$570
Burnside - Wattle Park$550$540$700
Toorak Gardens$550$550$810
Rostrevor - Magill$550$520$725
St Peters - Marden$540$530$725
Prospect$530$520$700
Payneham - Felixstow$525$510$640
Goodwood - Millswood$520$520$670
Nailsworth - Broadview$515$520$610
Athelstone$510$510$670
Lobethal - Woodside$500$500
Nairne$500$500
Hahndorf - Echunga$490$490
Adelaide Hills$340$340

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Adelaide - Central and Hills — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.