

Stock levels remain significantly depleted, with almost 2000 fewer homes advertised for sale in Adelaide compared with two years ago. As a result, buyer demand is clearly outweighing supply, creating healthy competition for quality listings.
For more of these stories visit toop.com.au/blog or scan this code
Despite another interest rate rise in early June, the Adelaide market has remained stable, mainly due to significantly depleted stock levels.
According to property market analyst CoreLogic, there were 4932 properties listed for sale in the greater metropolitan area of Adelaide in June 2022. That was 17.7 per cent lower than the same period in 2021.
Their latest data shows there are just 3946 dwellings on the public market right now, a decline of a further 25 per cent.
That means that, collectively, there are almost 2000 fewer homes advertised for sale in Adelaide compared with two years ago.
As a result, buyer demand is clearly outweighing supply, creating healthy competition for quality listings.
The latest CoreLogic data showed there were 134,008 listings observed at a national level over the past four weeks, markedly lower than the previous five-year average. Similarly, the volume of new listings to hit the market across the country totalled 30,583, a 16.2 per cent decline on the previous five-year average.
Our team sold almost $110 million of property for the month at an average sale price approaching $1.3m, with median days on market sitting at 24.
This was clearly our strongest set of results for 2023.
CoreLogic reported that Adelaide dwelling values rose by 0.9 per cent last month, 1.1 per cent over the past quarter and 0.4 per cent over the past 12 months. As a result, Adelaide home prices sit just 1.2 per cent below the record high of July 2022.
The results we achieved at TOOP+TOOP last month certainly suggested favourable conditions for sellers.
Buyer demand is clearly outweighing supply, creating healthy competition for quality listings
Adelaide and Perth (2 per cent) are the only capital cities to record value increases over the past 12 months. By contrast, Brisbane, Melbourne and Sydney property prices have dropped by 9.3 per cent, 7.4 per cent and 8.2 per cent respectively.
With the Reserve Bank lifting the cash rate to 4.1 per cent, Adelaide’s relative affordability could be a decisive factor for investors, in particular.
Winter is traditionally a quieter period for real estate, with many sellers preferring to wait until spring to list their property.
As a result, it is unlikely stock levels will increase markedly over the next couple of months, so we’d anticipate good competition for any newly released homes.
Our team sold almost $110 million of property for the month at an average sale price approaching $1.3m
ADELAIDE
Thomas Crawford 0448 888 816
Vincent Doran 0466 229 880
View property at:
www.16alfred.toop.com.au
ADELAIDE
342 Halifax Street
Jordan Begley 0410 289 240 jordan.begley@toop.com.au View property at:
www.342halifax.toop.com.au
ADELAIDE
ADELAIDE
18 & 19/430 Pulteney Street
Sarah Jaensch 0408 285 485 sarah.jaensch@toop.com.au
View property at:
www.18-19-430pulteney.toop.com.au
3106/17 Austin Street
Ryan Yuan 0422 429 939
Lalita Yuan 0433 402 255 View property at:
www.3106-17austin.toop.com.au
ADELAIDE
191/65 King William Street
Ryan Yuan 0422 429 939
Lalita Yuan 0433 402 255
View property at:
www.191-65kingwilliam.toop.com.au
BEAUMONT
ContactAgent
8 Katoomba Road
Becky Neale 0417 832 549
Contact agent
View property at:
www.8katoomba.toop.com.au
$1,050,000
$285,000
103/59 Gibson Street
Thomas Crawford 0448 888 816
www.103-59gibson.toop.com.au
Vincent Doran 0466 229 880 View property at:
www.86coglin.toop.com.au
BROMPTON
Vincent Doran 0466 229 880
www.31kiln.toop.com.au
4 Bed 2 Bath 3 Car
www.7brooke.toop.com.au
4 Bed 2 Bath 2 Car Swimming Pool
Contact Agent
3 Bed 2 Bath 2 Car
49 Hawker Street Thomas Crawford 0448 888 816 Vincent Doran 0466 229 880 View property at:
www.49hawker.toop.com.au 2 Bed 1 Bath 1 Car
Agent
BRUKUNGA
222 Harrogate Road James Lindsay 0434 182 351 james.lindsay@toop.com.au View property at:
BOWDEN www.222harrogate.toop.com.au
www.81hallett.toop.com.au
BURNSIDE
1A
Raymel Crescent Alexander Parzis 0410 588 633
Contact
Agent
17 Garson Avenue Thomas Crawford 0448 888 816 Jake Theo 0422 959 650 3 Bed 1 Bath 5 Car
www.17garson.toop.com.au View property at:
CROYDON PARK
2B James Street Thomas Crawford 0448 888 816 Jake Theo 0422 959 650
www.2bjames.toop.com.au
7 Rover Avenue Thomas Crawford 0448 888 816 Jake Theo 0422 959 650 3 Bed 2 Bath 2 Car
property
2323 Gorge Road
Sharee Redic 0407 722 660
James Lindsay 0434 182 351 View property at:
www.2323gorge.toop.com.au
DERNANCOURT
Contact Agent
2297 Gorge Road
Sharee Redic 0407 722 660 James Lindsay 0434 182 351 View property at:
www.2297gorge.toop.com.au
DULWICH
Contact Agent 13 Riverside Grove Scott Thomson 0414 427 427 scott.thomson@toop.com.au
Inspect Contact Agent
www.13riverside.toop.com.au
ENFIELD
29 Jackson Terrace Sharee Redic 0407 722 660 sharee.redic@toop.com.au
Inspect Saturday 2-2.30pm
www.29jackson.toop.com.au
Contact Agent
Contact Agent 18 Scott Street Jordan Begley 0410 289 240 jordan.begley@toop.com.au View property at:
www.18scott.toop.com.au
$640,000-$700,000 14/9 Eurilpa Avenue Grant Wills 0419 865 829 grant.wills@toop.com.au View property at:
www.14-9eurilpa.toop.com.au
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Recognised as a global pioneer of real estate video marketing, TOOP+TOOP has taken the gamechanging step to deliver property videos in portrait mode across all advertising platforms.
“We’re thrilled to make our new-look vertical videos available to our clients,” TOOP+TOOP CEO Sales & Marketing, Genevieve Toop, said.
“We have been witnessing a significant trend towards consumers preferring to view video content on their mobile devices in portrait mode.
“Our vertical videos ensure properties are showcased to their full potential on mobile devices.
“We believe this is a huge step forward in video marketing and initial feedback has been overwhelmingly positive.”
Ms Toop said changes to the way social media platforms deliver video content had been a key factor.
“Since Instagram launched Reels, we have seen a marked increase in engagement with our vertical videos on social media,” she said.
“But the Australian launch of YouTube Shorts has been hugely significant.
“That allowed real estate agents to leverage vertical videos on platforms like realestate.com.au.
“It’s game-changing for our clients.
“Our marketing studio spent many months perfecting the art of vertical video.
“We’re so excited to offer this to our clients, not just across social media but all our advertising platforms.”
TOOP+TOOP vertical videos fill 78 per cent more real estate on mobile devices than traditional landscape content when viewed in portrait mode.
They are fully compatible with property portals like realestate.com.au and Domain, while also working effectively on social media platforms like Facebook and Instagram.
“Latest research shows that fewer than 30 per cent of mobile users turn their phone to landscape mode to watch video,” Ms Toop said.
“And of those who do turn their phone to horizontal, on average they only watch 14 per cent of that content before going elsewhere.
“We’ve recognised the needs of today’s buyers and delivered a product that matches those requirements.
“We firmly believe more buyers will watch vertical property videos, they’ll watch them for longer and they’ll be more engaged.”
TOOP+TOOP has long been a leader in property marketing. It launched Toop.TV 15 years ago, well before video was considered a valuable marketing tool, and has continued to innovate to meet current consumer demands.
• TOOP+TOOP vertical videos take up 78% more screen space on a buyer’s phone than traditional property videos captured in widescreen format
• 84% of realestate.com.au users searched for properties on their mobile device
• Video streaming is expected to account for up to 82% of total web traffic
• 94% of mobile-phone usage is in portrait mode
• Fewer than 30% of mobile-phone users turn their device to view video in horizontal mode
• On average, consumers only view 14% of an ad displayed in horizontal mode
• Of 4.48 billion social media users, 99% access websites or apps through a mobile device, with only 1.32% accessing platforms exclusively via desktop
Since Instagram launched Reels, we have seen a marked increase in engagement with our vertical videos on social media.
FULLARTON
Sharee Redic 0407 722 660 sharee.redic@toop.com.au
Inspect Saturday 11.30-12pm
www.8roseberry.toop.com.au
FULLARTON
Contact agent 80 Sunnyside Road Grant Wills 0419 865 829 grant.wills@toop.com.au
View property at:
www.80sunnyside.toop.com.au
3/112 Wattle Street Jordan Begley 0410 289 240 jordan.begley@toop.com.au
View property at:
www.3-112wattle.toop.com.au
5/1 Sixth Avenue Alexander Parzis 0410 588 633
Hayley Parzis 0411 318 382
View property at:
www.5-1sixth.toop.com.au
Contact Agent
7A Woodley Road Grant Wills 0419 865 829 grant.wills@toop.com.au
View property at:
www.7awoodley.toop.com.au
HAZELWOOD PARK
Under Contract
1 Russell Avenue Grant Wills 0419 865 829 grant.wills@toop.com.au
View property at:
www.1russell.toop.com.au
Auction
83 Lambert Road
Sally Cameron 0412 915 108 sally.cameron@toop.com.au
www.83lambert.toop.com.au
KENT TOWN
47A Wakefield Street Jordan Begley 0410 289 240 jordan.begley@toop.com.au
www.47awakefield.toop.com.au
55 Gladstone Avenue Sharee Redic 0407 722 660 sharee.redic@toop.com.au
www.55gladstone.toop.com.au
$1,700,000 47 Wakefield Street Jordan Begley 0410 289 240 jordan.begley@toop.com.au
www.47wakefield.toop.com.au 9 Bed 3 Bath 3 Car
Avenue Gena Nash 0408 828 415
Toop 0419 888 893
Elm Grove Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382
MARDEN
3 Willowbank Crescent
Sharee Redic 0407 722 660
sharee.redic@toop.com.au
View property at:
www.3willowbank.toop.com.au
Contact Agent
64A Darebin Street
Sharee Redic 0407 722 660
Thomas Crawford 0448 888 816
www.64adarebin.toop.com.au
Contact Agent
25 Ebor Avenue
Thomas Crawford 0448 888 816
Vincent Doran 0466 229 880
View property at:
www.25ebor.toop.com.au
Contact Agent
jake.theo@toop.com.au
View property at:
www.742-76currawong.toop.com.au
ContactAgent 403/16-18 Wirra Drive
Amelia Langhans 0422 125 242
www.403thesails.toop.com.au
Contact Agent 3 Capezzone Court Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382
www.3capezzone.toop.com.au
197 Childers Street
Grant Wills 0419 865 829 grant.wills@toop.com.au
View property at:
www.197childers.toop.com.au
NOVAR
Contact agent
NORTHFIELD
10 St Cloud Street
Gena Nash 0408 828 415
Lew Toop 0419 888 893
View property at:
www.10stcloud.toop.com.au
Contact Agent
18 Brown Street Thomas Crawford 0448 888 816 Jake Theo 0422 959 650 View property at:
www.18brown.toop.com.au
PARKSIDE
69 Hereford Avenue
Debi Zecevich 0412 170 014 debi.zecevich@toop.com.au
View property at:
www.69hereford.toop.com.au
$1.55m-$1.65m
8/46A Robsart Street Kirk Fernandez 0430 311 799 kirk.fernandez@toop.com.au
View property at:
www.8-46arobsart.toop.com.au
41 Marina Drive Scott Thomson 0414 427 427 scott.thomson@toop.com.au
Inspect Contact Agent
www.41marina.toop.com.au
Contact Agent
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With Adelaide stock levels still at record low levels, the power of TOOP VAULT has never been more evident.
TOOP VAULT is one of Australian real estate’s most effective off -market tools, providing registered members with VIP access to properties before they hit the open market.
That’s a particularly enticing proposition for many buyers, given total property listings in Adelaide are down around 20 per cent for the year.
“TOOP VAULT has been hugely popular since we launched it in 2013,” TOOP+TOOP Owner/ Director of Residential Sales, Bronte Manuel, said.
“With stock levels so low at the moment, we’re finding many buyers are more eager than ever to learn about off-market listings.
“We’re hearing of a number of situations where buyers keep missing out on properties and they’re starting to become frustrated.
“By registering for the Vault, they’re getting exclusive early access to homes before they’re promoted on portals like realestate.com.au.
“And one of the beauties of the Vault is that buyers can be quite specific about their search criteria, meaning they’ll be alerted as soon as a property that matches those requirements is listed with us.”
On average, there is more than one home sold through the Vault each week, accounting for almost 10 per cent of all TOOP+TOOP sales.
“It’s also very popular with vendors, allowing them to list their property without being released to the broader public,” Manuel said.
“The Vault is ideal for those wanting a more discreet, controlled method of selling their property. “It’s a highly effective means of matching the right buyers with the right properties.
“We have sold many, many properties that were never publicly released.”
TOOP VAULT members receive email alerts when suitable properties are added to the Vault, based on the property preferences they list when registering.
Private and VIP inspections can then be arranged under conditions that suit the vendor.
TOOP VAULT properties also appear in the search feed of the toop.com.au website – but property details and images are blurred. Members can unlock these properties and view homes before they’re publicly listed. The TOOP VAULT has more than 23,000 members.
To register, go to vault.toop.com.au
The Toop Vault has more than 23,000 members
sharee.redic@toop.com.au
Inspect Saturday 12-12.30pm
www.4-15hythe.toop.com.au
48 Marquisite Drive Jake Theo 0422 959 650 jake.theo@toop.com.au
View property at:
www.48marquisite.toop.com.au
STONYFELL
1 Eucalypt Court Ryan Yuan 0422 429 939
Lalita Yuan 0433 402 255
View property at:
www.1eucalypt.toop.com.au
Contact Agent
11 Mccabe Court Alexander Parzis 0410 588 633 Hayley Parzis 0411 318 382 View property at:
www.11mccabe.toop.com.au
SMITHFIELD
Contact Agent
54 Admiralty Circuit Amelia Langhans 0422 125 242 amelia.langhans@toop.com.au
Inspect Contact Agent
www.54admiralty.toop.com.au
TEA TREE GULLY
$545,000-$565,000
1 Galaxy Crescent Scott Thomson 0414 427 427 scott.thomson@toop.com.au
Inspect Contact Agent
www.1galaxy.toop.com.au
Contact Agent
TERINGIE
Hayley Parzis 0411 318 382
View property at:
www.17ridgeland.toop.com.au
TERINGIE
75 Woodland Way Jordan Begley 0410 289 240 jordan.begley@toop.com.au
View property at:
www.75woodland.toop.com.au
TRANMERE
Contact Agent
0434 182 351 james.lindsay@toop.com.au
View property at:
www.40teringie.toop.com.au
TOORAK GARDENS
4A Samuel Street Ryan Yuan 0422 429 939
Lalita Yuan 0433 402 255
View property at:
www.4asamuel.toop.com.au
$1,250,000
76 Swaine Avenue Sally Cameron 0412 915 108 sally.cameron@toop.com.au
View property at:
www.76swaine.toop.com.au
TUSMORE
Contact Agent Sharee Redic 0407 722 660 sharee.redic@toop.com.au
View property at:
www.81tusmore.toop.com.au
Glen Avenue
Yuan 0422 429 939 Lalita Yuan 0433 402 255
www.45grove.toop.com.au
Trevelyan Street
Zanes 0438 886 113
www.35trevelyan.toop.com.au
www.32harriet.toop.com.au
68 William Street WOODFORDE
Crawford 0448 888 816 Jake Theo 0422 959 650
Thomas
0422 429 939
www.68william.toop.com.au 4 Bed 2 Bath 2 Car
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Auction is proving to be an increasingly popular method to achieve a premium price.
While auction can deliver spectacular results in a hot market, some properties could be better suited to other methods of sale.
Here are the pros and cons of different selling methods:
Auction is a powerful method of sale for properties likely to attract significant buyer interest.
The campaign is condensed and highly focused, with a scheduled ‘sell date’ (usually three to four weeks after launch).
An auction sale is unconditional and there is no cooling-off period. The highest bidder is committed to the purchase and must provide a suitable deposit immediately (usually 10 per cent, though this can be varied if both parties agree).
An auction can create significant competition and excitement. Buyers’ emotions can often come into play, creating the potential for an offer well beyond the vendor’s expectations.
Auction is a powerful method of sale for properties likely to attract significant buyer interest.
TOOP+TOOP boasts some of Australia’s premier property auctioneers who regularly achieve premium results on auction day.
These campaigns require buyers to put forward their highest and best offer by a fixed date.
Sale by tender carries similar conditions to auctions, with no cooling off period and the requirement of an agreed deposit.
This sale method is usually reserved for highend properties or unique properties with an indeterminable market value.
The anonymous tender process ensures buyers do not base their offer on those of other buyers but rather on their own perceived value of the property.
This can result in higher-than-expected prices as buyers are unaware of the offers of their competitors.
Selling by tender also gives the vendor increased control. They are not obligated to accept an offer and do not need to make snap decisions like those often required at auction.
Setting a deadline for offers - usually three weeks after the property is listed - creates a sense of urgency, while providing an opportunity for those who cannot bid under auction conditions.
Buyers may offer a higher price in exchange for amended terms of sale, such as a delayed settlement, or lesser deposit.
‘Best offers by’ is ideal for vendors who are seeking a relatively quick sale yet are open to offers that may have conditions attached to them.
A Private Treaty sale offers more flexibility than other methods.
The property can be advertised with or without a price or a price range can be provided.
There are also no time limitations or deadlines. It may take days, weeks ore months.
Private Treaty is ideal when there is a high level of confidence around the property’s value and there may be several comparable properties on the market.
When executed correctly, this is a very effective and powerful method of sale.
Unlike auction, the tender process is unlikely to create emotional bidding.
‘Best offers by’ is ideal for vendors who are seeking a relatively quick sale yet are open to offers that may have conditions attached to them.
ABC ADELAIDE
Jordan Begley 0410289240
Auction $1,400,000 vault.toop.com.au
GHI
ASCOT PARK
Gena Nash 0408 828 415
Lew Toop 0419 888 893 For Sale vault.toop.com.au
MNO
COLLEGE PARK
Sally Cameron 0412915108
Auction vault.toop.com.au
DEF
ADELAIDE
Julie Zanes 0438 886 113 Best Offers vault.toop.com.au
JKL
AULDANA
Alexander Parzis 0410588633 Hayley Parzis 0411318382 Auction vault.toop.com.au
PQR
CRAIGMORE Sharee Redic 0407 722 660 Auction vault.toop.com.au
ABC CROYDON PARK
Thomas Crawford 0448888816 For Sale
vault.toop.com.au
GHI
HAZELWOOD PARK
Jordan Begley 0410289240 For Sale vault.toop.com.au
MNO
KENSINGTON PARK
Thomas Crawford 0448888816
Vincent Doran 0466 229 880
Best Offers
vault.toop.com.au
DEF
GOLDEN GROVE
Sharee Redic 0407 722 660
Best Offers
vault.toop.com.au
JKL
HAZELWOOD PARK
Julie Zanes 0438 886 113 For Sale $520,000 - $550,000 vault.toop.com.au
PQR
KILKENNY
Thomas Crawford 0448888816
Auction vault.toop.com.au
ABC NORWOOD
Sally Cameron 0412915108
Auction vault.toop.com.au
GHI
PARKSIDE
Bronte Manuel 0439828882
Jordan Begley 0410289240 For Sale vault.toop.com.au
MNO
ROYAL PARK
Sharee Redic 0407 722 660
Auction vault.toop.com.au
DEF
NORWOOD
Sally Cameron 0412915108
Auction vault.toop.com.au
JKL
RIDLEYTON
Thomas Crawford 0448888816
Auction vault.toop.com.au
PQR
ST CLAIR
Thomas Crawford 0448888816 For Sale
vault.toop.com.au
ABC TOORAK GARDENS
Sharee Redic 0407 722 660 Auction vault.toop.com.au
GHI
UNLEY PARK
Sally Cameron 0412915108
Best Offers vault.toop.com.au
MNO
WEST CROYDON
Thomas Crawford 0448888816
Best Offers
vault.toop.com.au
DEF
TWO WELLS
Nicole Neill 0413 879 889
For Sale $365,000 - $385,000 vault.toop.com.au
JKL
WEST CROYDON
Thomas Crawford 0448888816 Auction vault.toop.com.au
PQR
WOODVILLE WEST
Thomas Crawford 0448888816
Best Offers
vault.toop.com.au
genevieve.toop@toop.com.au