Real estate agents in Adelaide.
The city itself · SA 5000
Wemark Real Estate sells, leases and manages homes in Adelaide, 7.3 km from our office in Blair Athol. Over the past year we secured 5 tenancies and sold one home here. The median house price here was $1,830,000 in July to September 2026, across 3 settled sales (a small sample), according to the South Australian Valuer-General.
The city is its own market. Apartments in the square mile range from compact studios let to students and professionals through to two-bedroom homes overlooking the park lands, and what they earn depends far more on the building — its outgoings, its management, its outlook — than on the street it stands in.
We lease city apartments year round, most of them to people who want to walk to work or to campus. If you own one and are weighing what it should be earning, that building detail is the first thing we look at.
Letting a property in Adelaide? Our Adelaide property management service covers the rent, the inspections, the repairs and the compliance, for one fee quoted upfront.
- Postcode
- SA 5000
- From the CBD
- 0.1 km north-east
- Median house price
- $1,830,000Jul–Sep 2026 · 3 sales
- Next to
- North Adelaide, Parkside, Kilburn
House prices
in Adelaide
The median price of houses that sold in Adelaide, from the South Australian Valuer-General's record of every settled sale. These are the figures for Jul–Sep 2026, updated each quarter.
Only 3 houses settled in Adelaide in Jul–Sep 2026, so treat that median as a rough guide rather than a price for the suburb.
Every quarter since Oct–Dec 2021
| Quarter | Median house price | Houses sold |
|---|---|---|
| Jul–Sep 2026 | $1,830,000 | 3 |
| Apr–Jun 2026 | $1,555,000 | 6 |
| Jan–Mar 2026 | $1,585,000 | 8 |
| Oct–Dec 2025 | $1,130,000 | 6 |
| Jul–Sep 2025 | $1,020,000 | 3 |
| Apr–Jun 2025 | $1,185,000 | 7 |
| Jan–Mar 2025 | $1,450,000 | 6 |
| Oct–Dec 2024 | $1,180,000 | 5 |
| Jul–Sep 2024 | $1,250,000 | 3 |
| Apr–Jun 2024 | $1,750,000 | 7 |
| Jan–Mar 2024 | $1,345,000 | 7 |
| Oct–Dec 2023 | $1,400,000 | 7 |
| Jul–Sep 2023 | $912,500 | 2 |
| Apr–Jun 2023 | $978,000 | 4 |
| Jan–Mar 2023 | $1,205,000 | 2 |
| Oct–Dec 2022 | $1,400,000 | 6 |
| Jul–Sep 2022 | $853,000 | 5 |
| Apr–Jun 2022 | $940,000 | 5 |
| Jan–Mar 2022 | $1,266,250 | 2 |
| Oct–Dec 2021 | $1,400,000 | 7 |
Median price data updated . Figures for July to September 2026, the latest quarter the Valuer-General has released (published 14 October 2026). Source: Office of the Valuer-General, South Australia, metropolitan median house sales, published on Data SA by the Department for Housing and Urban Development under CC BY 4.0. Houses only. A suburb median is not a valuation of any one home. All 51 suburbs are compared in the quarterly house price report.
Free property appraisal in Adelaide
The median is the suburb; your price is your home. Land size, condition and street all move the number. Find out what yours would sell for, or rent for. Free, with no obligation.
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A year of Wemark,
across Adelaide
Not a claim, a listing history. Every figure is from our 
RateMyAgent agency profile, covering the twelve months to October 2026 — see it there.
Leased
- Penny Place2-bed apartment · Jun 2026 · 13 days to lease
- Penaluna Place1-bed apartment · Mar 2026 · 18 days to lease
- Penaluna Place1-bed apartment · Mar 2026 · 13 days to lease
- Victoria Square1-bed apartment · Nov 2025 · 6 days to lease
- Victoria Street1-bed apartment · Nov 2025 · 7 days to lease
Street names only — tenants live there now. Each one links to its RateMyAgent record.
Sold
- 42/65 King William Street2-bed apartment · $480,000 · Mar 2026
Sale prices as published by RateMyAgent.
Around Adelaide, over the same year: Kilburn — 2 leases; Parkside — 1 lease. All of it is on RateMyAgent.
Renting out a home
in Adelaide
- What we lease
- Across the 170 tenancies we secured in the twelve months to October 2026 — 160 homes in 77 suburbs — 95 3-bedroom, 42 4-bedroom, 23 2-bedroom, 5 1-bedroom and 5 5-bedroom homes. By type: 141 houses, 23 units, 5 apartments and 1 townhouse.
- How quickly
- 90 of those 170 were leased within a week of going live, 77 of them within a day. The median campaign ran 7 days; the longest took 29. In Adelaide itself, 2 of 5 were leased inside a week.
- Asking rents now
- Nothing of ours is advertised in Adelaide this week, though we have 26 rentals live across Adelaide. For a figure on your property, book the free rental appraisal — a property manager calls within four business hours.
- Recognition
- RateMyAgent named Wemark Real Estate Adelaide’s Rental Agency of the Year (City Winner) and South Australia’s Rental Agency of the Year (State Winner) in both 2022 and 2023, awards decided on verified client reviews.
- What every Adelaide landlord gets
- A named property manager with about 100 properties, not the 150–200 the industry runs; 360° camera inspections three to four times a year; replies within four business hours; tenant screening with background, reference, financial and TICA checks; and rent released the moment it's paid, through
Ailo. - Already with another agent?
- You sign one form. We notify your current agent, collect the keys, the file and the bond details, and introduce ourselves to your tenant — the tenancy carries on unchanged. How switching works.
Property management fees in Adelaide
Most Adelaide agencies charge 9% to 11% of the rent collected. Wemark Real Estate charges 6.6% including GST, with no statement fees, no maintenance handling fees and no exit fees. The median weekly rent for a house leased in Adelaide in April to June 2026 was $630, from 110 new leases. On that rent, the management fee alone comes to:
| Management fee | A year on $630 a week |
|---|---|
| 11%, the top of the Adelaide range | $3,604 |
| 9%, the bottom of the Adelaide range | $2,948 |
| Wemark, 6.6% including GST | $2,162 |
That is $786 to $1,441 a year less than the usual range on a typical Adelaide house. The other charges are fixed: a letting fee of 1.5 weeks’ rent plus GST when we place a new tenant ($1,040 on this rent), $33 a routine inspection, $55 for entry and exit inspections, $299 a lease renewal and $12 a month admin, all including GST. Every fee is on our property management fee schedule and in the agreement before you sign.
Rent: SA Housing Trust, Private Rent Report, April to June 2026 (new bonds lodged with Consumer and Business Services). Your own rent depends on the home; book a free rental appraisal for the figure and our fees in writing.
Adelaide,
answered
- What is the median house price in Adelaide?
- $1,830,000 for July to September 2026, from 3 settled house sales recorded by the South Australian Valuer-General. With so few sales in one quarter, treat it as a rough guide; the five-year chart above is the better picture. It is a suburb median, not a valuation of any one home: for that, ask for a free appraisal.
- How far is Adelaide from the Adelaide CBD?
- 0.1 km north-east of the city centre, measured from the GPO to the middle of the suburb. Its neighbours include North Adelaide, Parkside and Kilburn.
- How quickly do rentals lease in Adelaide?
- We secured 5 tenancies in Adelaide in the twelve months to October 2026, and 2 of them were leased within a week of going live. Across all of Adelaide the median campaign ran 7 days.
- What does property management cost in Adelaide?
- Across Adelaide, Adelaide included, property management usually costs 9% to 11% of the rent collected, plus a letting fee when a new tenant is found. Wemark charges 6.6% including GST, with no statement, maintenance or exit fees. On Adelaide’s median house rent of $630 a week, that is $2,162 a year with Wemark against $2,948 to $3,604 at 9% to 11%. Every fee is listed on our property managers in Adelaide page.