Adelaide market overview

Greater Adelaide is home to around 1.4 million people and is Australia's fifth-largest capital. Defence (the Osborne Naval Shipyard for the AUKUS submarine program), space (Lot Fourteen), biotech and a refreshing commercial office stock through the CBD are driving fresh investment. Apartment supply through the CBD, North Adelaide and the inner east has refreshed inner-city housing stock.

Industrial activity is concentrated through Osborne (defence-aligned), Edinburgh, Wingfield, Lonsdale and the Outer Harbor port precinct. Adelaide's combination of affordable entry prices and strong gross rental yields make it one of the highest-yielding capital city markets in the country.

Population
1.4M+
Greater Adelaide
Median house
~$830k
Greater Adelaide, indicative
Median unit
~$520k
Greater Adelaide, indicative
Gross rental yield
4.0–5.5%
Houses & units, varies by sub-market

Indicative market figures only.

Tax Depreciation for Adelaide property investors

An engineering-based TDA depreciation schedule identifies every deductible asset on your Adelaide property under Division 43 Capital Works (the building shell, claimable at 2.5% p.a. for 40 years where construction commenced after 15 September 1987) and Division 40 Plant & Equipment (carpets, blinds, hot water systems, air conditioning, common-property assets, and more).

For residential property acquired after 9 May 2017, the s40-27 second-hand restriction limits Division 40 deductions to first-use assets - we model this explicitly. Capital works (Division 43) remain fully deductible regardless. Commercial property and qualifying short-stay accommodation businesses retain the full Division 40 deduction.

Sub-markets we cover

  • Adelaide CBD & inner - Adelaide CBD, North Adelaide, Kent Town, Norwood
  • Eastern suburbs - Burnside, Dulwich, Toorak Gardens, Glenside, Marryatville
  • Northern growth - Salisbury, Mawson Lakes, Munno Para, Smithfield
  • Southern coast - Glenelg, Brighton, Henley Beach, Marion
  • Industrial & defence - Osborne, Edinburgh, Wingfield, Regency Park, Lonsdale