07/05/2026
📊 Market Update: What’s Happening Right Now?
Despite a quieter week due to the ANZAC Day long weekend, the Australian property market is showing strong underlying resilience.
✔️ Buyer demand remains steady
Clearance rates held around 60–61%, proving that when supply tightens, buyers are still active and ready.
✔️ Adelaide continues to lead the way
With a ~69% clearance rate and ~12% annual price growth, Adelaide is outperforming most major capitals and showing consistent strength.
✔️ Prices still growing (but stabilising)
National home values are up ~9% annually, signalling a shift from rapid growth to a more balanced market.
✔️ More sellers returning
New listings are rising across the country, giving buyers more choice — while total supply remains relatively tight.
✔️ Rental market stays competitive
Low vacancy rates (~1–2%) and steady rent growth (5–6%) continue to favour landlords. Adelaide remains especially strong, with vacancies around ~1%.
✔️ Luxury market still thriving
High-end sales are continuing across Australia, with strong results locally — including a recent ~$3.35M sale in Glenelg North.
What does this mean for you?
Whether you're buying, selling, or investing, the market is active — just more balanced and strategic than before.
If you’re thinking about making a move, now’s the time to plan.
đź“© Get in touch to chat about your next step.
