Adelaide’s property market has been on the move—and some areas are growing faster than ever. Whether you’re buying, selling, or investing, knowing where the growth is happening can give you a big advantage.

Here are the growth corridors to watch right now:

1. The North – Affordable Housing & Infrastructure

Areas like Andrews Farm, Munno Para, and Gawler are booming thanks to affordable land, new estates, and transport upgrades. Perfect for first home buyers and investors chasing yield.

2. The South – Lifestyle Appeal

Suburbs like Seaford and Aldinga are benefiting from coastal living and improved transport links. With demand from families and sea-changers, growth here is strong.

3. Inner West & City Fringe – Convenience & Development

Areas like Torrensville, Bowden, and Mile End continue to attract professionals and downsizers with their proximity to the CBD, lifestyle amenities, and ongoing redevelopment projects.

What It Means for Buyers, Sellers & Investors

• Buyers: Entry-level opportunities still exist in the north.
• Sellers: If you’re in a growth suburb, now could be the time to cash in.
• Investors: Look for long-term infrastructure-driven growth corridors.

Data Snapshot: Adelaide’s median house price has grown steadily, with some northern suburbs seeing double-digit annual increases.

Southwark Returns: Adelaide Welcomes Its Newest Suburb

Construction has officially commenced at Southwark Grounds, marking a pivotal milestone in transforming this iconic inner-city site into a vibrant community. Over the next year, around 250 new homes — a mix of townhouses and apartments — will begin to rise, turning formerly vacant land into one of Adelaide’s most anticipated precincts. 

What’s Planned

• The project is part of a $1 billion redevelopment by Renewal SA, aiming for up to 1,300 homes across the 8.4-hectare site. 
• A “two-stream” delivery model is being used:
    • Stream One: Boutique development parcels (smaller lots) that can be fast-tracked for immediate construction.
    • Stream Two: A master precinct for a major partner to deliver roughly 1,000 homes. 
• The masterplan emphasizes heritage, sustainability, and community: preserved features include the Walkerville Brew Tower, the footings of Colonel William Light’s Theberton Cottage, and enhanced riverbank and green spaces. 
• The precinct is being designed with a 6-Star Green Star Communities target and 5-Star benchmarks for individual buildings. 
• Over 15% of the site is allocated for public open space. 
• There’s also a commitment to affordable housing: at least 20% of homes will be set aside for first home buyers and low-moderate income earners via HomeSeeker SA. 

New Suburb Boundaries Finalised

A major administrative shift: the area once known as Thebarton is being re-adopted under its original name, Southwark. 

• The State Government has confirmed new suburb boundaries after extensive community consultation. 
• The newly drawn borders cover over 26 hectares, incorporating the brewery site and surrounding precincts. 
• It retains the historic postcode 5031. 
• This renaming honors the original 1881 “Southwark” subdivision, reinstating historical roots in the area. 

Timeline & Next Steps

• Renewal SA has called for development partners via a Request for Proposal (RFP), with submissions previously closing in mid-2025. 
• The first wave of homes (around 17 townhouses) is expected to hit the market by late 2025. 
• Civil works and major construction are planned through 2025 and beyond, with the first residents anticipated to move in by the end of 2026. 
• Infrastructure such as roads, public spaces, and landscaping (including riverbank rejuvenation) will roll out in tandem with housing delivery. 

Why This Matters

Southwark Grounds is one of Adelaide’s most significant inner-city renewal projects. It redefines what urban living looks like—integrating heritage, green space, accessibility and density in one place.