Real estate in Adelaide

Real Estate Agents in Adelaide

There are over 3344 agents in over 1113 agencies in Adelaide. Morphett Vale is one of the most popular suburbs in the city with competition between over 400 agents, this represents a significant portion of the 15318 properties sold every year in Adelaide.
consumer sentiment adelaide

Adelaide OpenAgent Seller Sentiment

The state of property markets across the major metros of Australia looks very different at the end of 2017 than it did at the start of the year. Back in Q1, Sydney and Melbourne were riding big positive sentiment with index values over +6. Sydney has gone a totally different direction to Melbourne since then, with a Q4 index value of +2.8 versus Melbourne’s +5.6.

Adelaide has the most impressive positive sentiment trend among the capitals, with index values rising from +3.4 in Q2 to +4.5 in Q4.  Brisbane dropped from +4.8 in Q1 to a low of +3.8 in Q3 before recovering somewhat to +4.1 in Q4.

Finally, Perth appeared to have turned a corner in Q3 with an index of +1.2, only to drop back to +0.3 in Q4. So at the end of 2017, with the exception of Perth, the other metros have realigned on their relative sentiment, leaving much uncertainty about where prices will go in 2018.

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Real estate agent fees in Adelaide

When you put a property on the market for the first time in Australia, you may be surprised to learn that in addition to the real estate agent’s commission fees, there are additional expenses that you also need to cover. Some of which you may not have even thought about, such as GST, marketing and advertising. This can all add up. But while it may be tempting to find an agent who charges a lower commission, it’s important to bear in mind that you’ll usually be far better off investing a little bit more money for an agent who will work hard for you and deliver on their promises. This will not only take the stress out of selling your home, but it will also get you a higher sale price.

In Adelaide, the average real estate agent’s commission rate is 2.1%. In other areas, however, you may find lower charges due to the competition between agents. For example, the average rate in Brighton is 2%. While in Glenelg, it sits at about 1.94%. The commission an agent charges you for the sale of your property is dependent on a number of factors. Because of this, it’s important to always negotiate the terms and conditions of your agreement with your agent. This will inform you on how the commission will be structured, what costs will be covered and what the responsibilities of each party will be.

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Top real estate agents in Adelaide

Over 15318 properties that have recently been sold within the last 12 months have been evaluated by OpenAgent to identify Adelaide’s leading real estate agents.. We have 2759 reviews on 416 different agents to help you make the most informed choice when choosing a real estate agent to sell your home.

Below are some of Adelaide’s award winning agents. They are the recipients of OpenAgent’s Home Sellers Choice Awards, recognised for their excellent customer service and outstanding sale results.

Mike Lao recently sold a 3 bedroom house at 33 Queensberry Way, SA 5114 Blakeview

Matt Sergeant recently sold a 4 bedroom house at 160 Hayman Road, SA 5501 Lewiston

Tom Hector recently sold a 3 bedroom house at 14 Albert Street, SA 5082 Prospect

Nick Psarros recently sold a 3 bedroom house at 2 Gliddon Street, SA 5013 Rosewater

Rosemary Auricchio recently sold a 3 bedroom house at 18 Hender Street, SA 5087 Klemzig

Andrew Rose recently sold a 3 bedroom house at 22 Brenton Street, SA 5114 Blakeview

See all winners

Adelaide property market

Following general Australian property market trends, Adelaide has seen a slight cooling in the market but in comparison to other capital cities, could be described as ‘slow and steady.’

The city is brimming with affordable options for first home buyers and investors to enter the market, with many choosing to purchase on the city fringe. Encouraged by affordability and high yields, interstate investors are also circling the Adelaide market in search of character and heritage homes to put on the rental market. All in all Adelaide offers a modest price tag for a variety of properties - offering investors a low risk venture with opportunistic returns.

What’s it like living in Adelaide?

Adelaide could be one of Australia’s best kept secrets. From its world-class contemporary design and its heritage listed blue-stone houses through to the sprawling Barossa Valley wine region being just a stone’s throw from the city, there’s plenty to love about this South Australian city.

Adelaide has a big country town vibe, but that doesn’t mean it’s boring. Far from it actually. Apart from affordable housing and a lower cost of living, there’s a diverse wine and food culture on offer with the Adelaide Hills, McLaren Vale, Langhorne Creek and of course, the Barossa all being within a relatively short distance. It’s also a very outdoorsy city, with world-class beaches, hiking and walking trails literally on your doorstep.

The city has in recent years also doubled-down on culture, with the annual 31 day Adelaide Fringe Festival being an international drawcard during February and March. And a particularly fun fact: Prospect, a suburb 5 km north of Adelaide has one of the fastest internet speeds in Australia.