South Australia’s property market held firm through H2 2024.
Industrial rental growth continued off the back of tight vacancy, with pre-leased builds remaining key. Office vacancy eased to 16.4%, underpinned by strong CBD absorption, even though yields softened.
Healthcare activity was limited but saw higher-value transactions. Retail bounced back with $1.1B in deals, especially in sub-regionals. Residential values climbed sharply despite some supply constraints, with the performance of the hotel market stabilising amid interstate demand and ADR growth. With interest rates easing, renewed transactional activity is expected into 2025.
Our experts across valuation sectors share their analysis and insights in our latest South Australia Market Snapshot covering the second half of 2024, as well as what to look out for in 2025, across Childcare, Health, Aged Care and Seniors Living, Hotels & Leisure, Industrial, Office, Residential Development and Retail.
Click the link below to read the full Snapshot.
SA Market Snapshot – April 2025

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