Adelaide - South Property Market & Development Rates — May 2026 | Suburbtrends

Adelaide - South Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Adelaide - South SA4 range from $850,000 (Onkaparinga) to $1,500,000 (Holdfast Bay). The stock-weighted rental vacancy rate is 9.6%, ranging from 7.8% in Marion to 11.4% in Onkaparinga. Top median house rent is $930/week in Belair.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$1.50M
Holdfast Bay median house
$1.31M
Mitcham median house
+13.0%
Top SA3 growth (Marion)
9.6%
SA4 vacancy (weighted)
$930/wk
Top house rent (Belair)
860
Houses listed for sale

What is the median house price in the Adelaide - South?

Median house prices across the Adelaide - South's SA3 markets span $850,000 to $1,500,000, with Holdfast Bay the most expensive market and Onkaparinga the most affordable.

SA3 house markets, Adelaide - South — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Holdfast Bay$1,500,000+9.9%$750,00023
Mitcham$1,315,000+10.5%$691,00019
Marion$1,023,000+13.0%$701,00019
Onkaparinga$850,000+12.6%$675,00020
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Onkaparinga446113289
Marion215723027
Mitcham11432166
Holdfast Bay85364636

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
Clarendon Onkaparinga$1,700,000
Glenelg (SA)Holdfast Bay$1,675,000+11.7%$690,000
Mitcham (SA)Mitcham$1,553,000+6.4%$787,000
Brighton (SA)Holdfast Bay$1,440,000+15.2%$845,000
Colonel Light GardensMitcham$1,430,000+17.5%$631,000
BelairMitcham$1,230,500−2.7%
BlackwoodMitcham$1,200,000+14.3%
Coromandel ValleyOnkaparinga$1,185,000+26.7%
MorphettvilleMarion$1,160,000+16.1%$675,000
Bellevue HeightsMitcham$1,150,000+17.3%
EdwardstownMarion$1,101,000+20.3%$682,000
Marino - Seaview DownsMarion$1,090,000+5.1%
PanoramaMitcham$1,050,000+9.5%$532,000
WarradaleMarion$1,020,000+14.6%$690,000
Flagstaff HillOnkaparinga$1,020,000+12.4%
Willunga Onkaparinga$982,000
Mitchell ParkMarion$970,000+11.5%$750,000
Hallett CoveMarion$965,000+6.6%
McLaren ValeOnkaparinga$965,000+1.6%
Sheidow Park - Trott ParkMarion$930,000+12.7%
WoodcroftOnkaparinga$900,000+12.1%
Seaford Rise - MoanaOnkaparinga$890,000+7.2%
Aberfoyle ParkOnkaparinga$885,000+7.9%
Christies BeachOnkaparinga$885,000+13.5%$705,000
Happy ValleyOnkaparinga$862,000+8.8%
Seaford - Seaford MeadowsOnkaparinga$855,000+12.6%
AldingaOnkaparinga$850,000+13.3%
ReynellaOnkaparinga$830,000+12.9%
Morphett Vale - EastOnkaparinga$815,000+17.3%$610,000
Hackham - Onkaparinga HillsOnkaparinga$800,000+14.3%
Morphett Vale - WestOnkaparinga$795,000+15.2%$615,500
Christie DownsOnkaparinga$775,000+15.7%
Hackham West - Huntfield HeightsOnkaparinga$755,000+18.5%

† 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 - South areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Coromandel Valley +26.7%, Edwardstown +20.3%, Hackham West - Huntfield Heights +18.5%, Colonel Light Gardens +17.5%, Bellevue Heights +17.3%. The softest market was Belair (-2.7%).

What is the rental vacancy rate in the Adelaide - South?

The stock-weighted rental vacancy rate across the Adelaide - South SA4 is 9.6% as at May 2026. Conditions range from 7.8% in Marion to 11.4% in Onkaparinga.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Marion7.3%6.8%7.1%8.2%7.5%7.8%423
Mitcham8.2%10.4%12.5%11.7%8.6%8.3%168
Holdfast Bay8.0%8.0%5.6%6.4%6.4%9.0%288
Onkaparinga9.5%9.9%10.1%9.9%10.5%11.4%615

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 - South?

Median house rents across the Adelaide - South run to $930/week in Belair 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
Belair$930$850$990
Mitcham (SA)$750$590$700$920
Coromandel Valley$750$520$650$800
Brighton (SA)$700$580$720$945
Glenelg (SA)$700$580$750$1000
Clarendon$700$720$700
Morphettville$695$570$690$800
Bellevue Heights$695$510$630$750
Blackwood$690$530$660$770
Marino - Seaview Downs$680$550$665$750
Warradale$680$595$680$775
Colonel Light Gardens$680$550$680$760
Hallett Cove$670$530$650$750
Mitchell Park$660$620$670$750
Panorama$660$520$660$750
Flagstaff Hill$660$520$610$750
Edwardstown$650$550$650$800
Sheidow Park - Trott Park$650$540$630$725
Seaford Rise - Moana$650$500$600$740
McLaren Vale$645$500$625$750
Happy Valley$640$550$620$720
Aberfoyle Park$625$550$620$700
Seaford - Seaford Meadows$625$500$620$680
Reynella$620$530$600$700
Woodcroft$620$550$600$720
Aldinga$600$510$590$650
Hackham - Onkaparinga Hills$600$550$580$650
Morphett Vale - East$600$520$595$650
Christies Beach$595$510$595$660
Morphett Vale - West$590$480$590$680
Christie Downs$580$480$580$650
Willunga$575$480$590$790
Hackham West - Huntfield Heights$570$520$565$600
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Aberfoyle Park$610$500$650
Mitchell Park$600$550$670
Seaford - Seaford Meadows$590$500$595
Woodcroft$580$580
Seaford Rise - Moana$560$500$620
Brighton (SA)$550$550$720
Glenelg (SA)$550$550$750
Hallett Cove$550$520$565
Morphettville$550$500$680
Warradale$550$510$680
Christies Beach$550$460$600
McLaren Vale$550$520$580
Mitcham (SA)$525$525$680
Colonel Light Gardens$520$520$600
Christie Downs$520$490$575
Edwardstown$510$510$620
Morphett Vale - East$500$495$550
Morphett Vale - West$490$460$600
Blackwood$485$500$550
Bellevue Heights$480$480$550
Panorama$480$480$600
Happy Valley$480$480$560
Reynella$465$430$600
Aldinga$460$475$500
Coromandel Valley$460$530
Flagstaff Hill$450$490$600
Marino - Seaview Downs$440$450$700
Belair$440$450
Hackham West - Huntfield Heights$420$450
Willunga$400
Hackham - Onkaparinga Hills$360

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 - South — 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.