Can you guess what the most expensive house in Adelaide sold for? We’ll give you a clue—it was 1/16th of Sydney’s most expensive property… and $30 million less than Melbourne’s!
When it comes to buying property, the golden rule is always location, location, location. In Sydney and Melbourne, even relatively mediocre properties can fetch high prices due to their prime locations. However, in cooler markets like Adelaide, there are still deals to be had. The median house price in Adelaide sits at around $781,000 compared to Sydney’s $1,413,658.
Despite being one of Australia’s largest cities, Adelaide is a great place to live and remains relatively affordable. Which means you might not find the most expensive house in Australia here. But that certainly doesn’t mean that they’re lacking in luxury.
Adelaide offering a wealth of glamorous homes that are slowly but surely becoming strong contenders in the luxury listings market. So, let’s dive into Adelaide’s most expensive homes ever sold as well as the priciest listings currently on the market.
Broaden Your Horizon: As you dive into Adelaide’s housing market, our dedicated article on buying a house in Adelaide can be a valuable addition to your reading list.
The most expensive house sold in Adelaide
$12 million – 488-500 Yatala Vale Road, Yatala Vale
Here it is—Yatahlia Manor—the most expensive houses ever listed in Adelaide. Located at 488-500 Yatala Vale Road, Yatala Vale, the 2.6 acre property was on sale for $12 million. From what we can gather, the staggering six bedroom was not sold and is no longer on the market, but can be booked for short-term accommodation, weddings, and celebrations.
With a staggering eight-figure mark, this home’s price may seem astronomical to some, but doesn’t quite compare to the eye-watering record breakers seen in Melbourne and Sydney. Still, when you compare it to similarly sized and equipped homes in the other capital cities, Yatahlia Manor is a positively palatial offering.
This two-story dwelling is nothing short of opulent, with six generously sized suites and accompanying bathrooms, multiple living spaces, a professional kitchen, butler’s pantry, theatre room, and games room.
And if you’re looking for parking space, the property offers a garage and a whopping hangar, which presents as the world’s best garage with its own kitchen and toilets.
The pristinely manicured grounds of Yatahlia Manor include a sizeable lake, replete with lilies and waterfowl, and French provincial design cues that make the average abode setting buyers feel like they are half-expecting Mr. Darcy to stroll through the gardens.
Approx $10 million – 9 Robe Terrace, Medindie
In 2021, an opulent and breathtaking mansion named ‘Elysian’ located in the northern suburbs of Adelaide broke all previous records in the South Australian residential property market. This put Medindie in first place as the richest suburb in Adelaide with a median house price of $2,937,500.
The 4,021 sqm estate on 9 Robe Terrace, Medindie took a remarkable six years to construct by commercial builder Charles Alexander and his partner Yoland Higgs. The main home is spread over three levels and boasts eight generously sized suites, while the guesthouse has its own double garage.
The property also features a personal theatre, gym, wine storage with an adjoining tasting room, an elevator, and a terrace overlooking a luxurious pool and spa pavilion with a grand tennis court.
The property was listed by Williams Real Estate, who reported that it was sold in just six weeks for a staggering price that exceeded AUD 10 million to a local family. The sale price of the Adelaide mansion was 20 percent higher than the previous record in August 2019, which demonstrates the staggering price surge of luxurious homes in Adelaide.
$8.25 million – 400 Coopers Beach Road
The Dunes is an extraordinary, one-of-a-kind private luxury resort that has set a new benchmark in opulence and exclusivity in South Australia. The property, sold by selling agency Giordano & Partners for $8.25 million, is an ultimate luxury escape located high above a boundless aquamarine seascape and pristine white sandy beaches.
Accessible by boat via the property’s exclusive 2 kilometre beach, purpose-built helipad or a short 1 hour 45-minute drive from Adelaide’s CBD through a secluded nature reserve, this property is truly an oasis of relaxation and luxury.
The Max Pritchard-designed Scandinavian-inspired luxury beach escape comprises six bedrooms, five and a half bathrooms, two lounge rooms, a screen projector, an oversized pantry, a large scullery, an expansive sun deck, spa deck with sauna, courtyard and vine-covered alfresco with an immense feature stone fireplace.
Beyond the stunning architecture, elevated views, and luxurious appointment, The Dunes supports a resort-like lifestyle with a plethora of opulent benefits worth mentioning. The property also features a music studio, games room, craft room, billiards room, and a personal theatre, making it the perfect place for entertainment and relaxation.
The most expensive houses in Adelaide on sale today
Now that we’ve gotten some history on the most expensive house in Adelaide ever sold (and the runners up), here’s a look at what’s on the market right now.
$3.5-4 million range – 31 Malcolm Street, Millswood, SA, 5034, Australia
Listed by Williams Real Estate, this luxurious residence is located in Millswood, one of South Australia’s most prestigious and sought-after areas. The stunning home caters to buyers looking for an ultimate luxury lifestyle, offering a superb cosmopolitan living experience where all possible conveniences are within walking distance.
This luxurious home boasts two master bedroom suites and offers turnkey glamour and luxury living. It is a contemporary entertainer’s dream, perfect for day-to-day living at its very best. The superb location makes it one of South Australia’s most prestigious homes, with easy access to every possible convenience you can think of.
Explore more real estate in Millswood SA.
$3.2-$3.5 million range – 16 Jessie Road, Kensington Park, SA, 5068, Australia
Nestled in one of South Australia’s most sought after locations, this property offers a rare level of luxury, elegance and proximity to excellent schools. Kensington is also one of the best suburbs in Adelaide, loved for its gorgeous homes, tree-lined streets and great connectivity to the CBD.
Upon arrival, the grand Bluestone Villa facade with the prettiest designer gardens is sure to impress. The property’s outstanding floorplan features spacious family accommodation with three/four bedrooms, a deluxe master suite, formal and informal living and dining spaces, a spacious home office, and a light-filled open plan living space that flows seamlessly to the entertainer’s terrace and chef’s wood fire pizza oven.
Outside, the bespoke swimming pool and designer established gardens by Virginia Kennett Garden Design provide the perfect setting for alfresco entertaining. How’s that for $3 million?
Explore more real estate in Kensington Park SA.
$3 million range – 29 Military Road, Tennyson, SA, 5022, Australia
This Grange Homes tri-level design is the most expensive house in Adelaide, featuring every high-spec indulgence amongst the beachside elite with spectacular city views.
With a reserve frontage for unobstructed, lake-edge living, only a handful of homes on this illustrious strip can claim just 100m to Tennyson’s shores.
The internal living space is positively luxurious, featuring a master suite, theater room, butler’s pantry, and professional kitchen. The ground floor boasts a games room, and garage parking is available. The pristinely manicured grounds include a swimming pool, and the outdoor entertaining space includes an inbuilt Beefeater BBQ kitchen and a sunken gas firepit.
Explore more real estate in Tennyson SA.
Popular questions about the most expensive house in Adelaide
What is Adelaide’s most expensive house?
Adelaide’s most expensive houses was 9 Robe Terrace, Medindie which sold for above $10 million in 2021.
What is the richest area in Adelaide?
The richest suburb in Adelaide is Medindie where the average home will cost you around $2,937,500. The runner up is Unley Park, with a median house price of roughly $2,050,000.
What is the richest street in Adelaide?
The richest street is Adelaide is Briar Avenue, Medindie. Other expensive streets in Adelaide are Trinity Street, College Park and Heywood Avenue, Unley Park.
Where can I find cheap houses for sale in the Adelaide suburbs?
You can find cheap houses for sale in the Adelaide suburbs in Salisbury and Elizabetth Downs. Houses there can go for around $300,000 for a 2-bedroom house.
What is the poorest suburb in Adelaide?
According to the SEIFA index of Advantage and Disadvantage, areas of Lower North and Upper North Adelaide are more disadvantaged.
