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15/06/2026
🏡 Adelaide has officially overtaken Melbourne in median house values.
In just five years, Adelaide’s median house value has climbed from $543,654 to over $1 million, recently surpassing Melbourne for the first time in decades.
Historically, Melbourne homes have held an average 38% premium over Adelaide across the past 20 years. Today, that premium has flipped, with Melbourne now sitting at a 5.4% discount.
It’s a significant shift in Australia’s property landscape and a reminder that markets don’t move in straight lines.
Thinking of making a move?
Contact the team at today.
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Just Listed | 245 Sanctuary Lakes South Boulevard, Sanctuary Lakes
Luxury Family Entertainer with Spectacular Waterfront Sunrises & Sunsets
Positioned on the water’s edge within the prestigious Sanctuary Lakes Estate, this grand double-storey residence delivers an extraordinary family lifestyle defined by breathtaking lake views, expansive proportions and unforgettable sunrise and sunset outlooks. Spanning approximately 50 squares of luxury living on a substantial 629m² allotment, the home showcases multiple living zones, three luxurious master suites, premium finishes and exceptional indoor-outdoor entertaining. Designed to maximise natural light and capture panoramic waterfront scenery from every opportunity, this is a rare offering that combines elegance, scale and resort-style living in one of Sanctuary Lakes’ most tightly held locations.
For more information, contact
Kristy Wang 0404 183 044
Fadi Saad 0401 044 228
Click here to claim your Sponsored Listing.
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1 Adelphi Boulevard
Point Cook, VIC
3030
