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  • 07 Dec 2015

Little Change in Top Selling Suburbs

The Valuer-General’s median house prices for South Australia for the September 2015 quarter recorded a median house price of $255,000 - the same as the last quarter.

REISA President Alex Ouwens said the results mirrored what had happened in the metropolitan area.

"The third quarter always shows a decrease in volume of sales and 2015 has been no exception. Despite this, it is encouraging that the median house price has continued at its high level,” he said

Suburbs which have seen the largest growth over a 12-month period are Port Augusta, Renmark and Millicent, with increases of 36.36%, 31.03% and 25.56% respectively.

Top selling suburbs in terms of recorded sales over the September quarter were once again Victor Harbor, Mount Gambier and Murray Bridge – but it has been a while since Mount Gambier has not held the Number 1 spot.