If you have some serious postcode envy and would like your next address to be one that wows all your friends, but you don’t have the bank balance to fund it, we’re here to help.
We’ve tracked down some bargain properties at rock-bottom prices, in some of the most sought-after suburbs in Adelaide, so you can finally brag about the locale you call home:
In Toorak Gardens, the median house price is creeping closer to the $1.5 million mark, and currently sits at $1.406 million. But this renovated two-bedroom unit is listed with a price guide of $430,000 to $470,000, a saving of almost a million dollars on the average property in the area! Perfect for owner-occupiers and with plenty of rental appeal, it is sure to be snapped up fast.
With a median house price of $1.36 million, Walkerville in Adelaide’s north east is one of the most affluent suburbs in the entire state. Listed at $999,999, this four-bedroom, three-bathroom townhouse on Stephen Terrace is an absolute steal! It’s brand new and boasts all the mod cons, perfect for a growing family – even if you don’t have an income to match that of your neighbours.
Dulwich has a median house price of $1.339 million, making it one of the most expensive suburbs in the City of Churches, and was once home to former British PM Tony Blair. With an advertised price range of $425,000 to $445,000, this Cleland Avenue unit is your opportunity to secure your spot of this sought-after suburb. It has two bedrooms, original polished floorboards and a modern kitchen, so it’s ready for you to move straight in an enjoy, no elbow grease required.
If you can’t come up with a cool $1.33 million to buy a palatial home in St Peters, don’t despair! Switch your search to units, and you’ll be able to walk away with change for $500,000. This unit on Holton Court has two large bedrooms and a private, decked yard, and is advertised with a price guide of $450,000 to $480,000.
Don’t let the $1.25 million median price in Glenelg South put you off looking for a property in this pretty suburb. You can still have the beachside lifestyle you crave, if you snap up this two bedroom unit on South Esplanade. Close to the Broadway Hotel, Jetty Road and Holdfast Shores, it’s the perfect location, with the perfect price tag – it’s listed at just $389,000.
Erindale may have become unaffordable of late, with the median price reaching $1.245, but that doesn’t mean you have to give up hope of living there. For as little as $720,000 this three-bedroom home on Lockwood Road is an absolute steal for the area, and could save you around half a million bucks! It’s ideal for a young family looking to raise their kids in this lovely area.
Without a doubt, the current $1.2 million median house price in St Georges is well outside the borrowing power of the average South Australian. But units in the suburb are more modestly priced, and this Anglesey Avenue property could be yours for just $360,000. It’s in the zoned for popular state schools, and there’s a number of private school options close by too, so it’s well worth a look for a young family.
With a median house price of almost $1.2 million, homes in Joslin don’t come cheap. But this four bedroom property on Sixth Avenue is a notable exception, listed with a price guide of just $850,000 to $925,000. It’s got loads of investment potential, would make the perfect resident for a growing family, and is close to all the sought-after amenities.
In Gilberton, the median house price of $1.183 million, thanks to the prevalence of large Victorian homes which command a premium. However, if you can deal with not having a backyard, an apartment in Gilberton could be a lot more affordable. For $575,000 to $595,000 you could make this three-bedroom apartment on Mersey Street your home. It’s light, bright and low-maintenance, so it’s ideal for busy city workers who want the freedom to lock and leave.