Adelaide’s blue-chip city fringe property market saw another successful year in 2017, with the top 10 sales all breaking $3 million.
At the top of the list was 20 Fitroy Tce, Fitzroy which went for $5.55 million.
The six-bedroom bluestone mansion was first built around 1882 and features a lawn tennis court, swimming pool, and outdoor entertaining area.
Sitting on a 2,508 square metre block, the house also features a ballroom, bay-windowed Billiard room, study/library and a dining room with marble fireplaces.
20 Fitroy Tce was sold by Jamie Brown of Bernard H Booth Real Estate.
Brown holds the state record for his 2010 sale of 9 Edwin Terrace in Gilberton, which went for $7 million.
“I have never seen demand for properties between $5 million and $7 million as strong as it is now,” Brown told realestate.com.au.
“There are a lot more big grand homes out there than people realise because they’re often held for 30 or 40 years, so they don’t hit the market and don’t get the exposure. Often they’re not in the suburbs you’d expect either.”
The top 10 was rounded out by homes in Adelaide city (East Tce) and the inner northern (Medindie), eastern (Toorak Gardens) and southern (Glenunga, Malvern, Unley, Unley Park) suburbs.
SA’s Top 10 Sales for 2017
1. 20 Fitzroy Tce, Fitzroy — $5.55 million
6 bedrooms, 4 bathrooms, 6 parking spaces
2. 8 Robe Tce, Medindie — $5.2 million
Sold: April 21 by Sally Cameron of Toop & Toop Real Estate
3. 263 East Tce, Adelaide — $4 million
Sold: September 6 by Steve Meins and Alex Ouwens of Ouwens Casserly Real Estate. Click here to see more of 263 East Terrace in our Property Spotlight.
4. 55 Sheffield St, Malvern — $3.9 million
Sold: February 9 by Lew Toop of Toop & Toop Real Estate
5. 19 Victoria Ave, Unley Park — $3.85 million
Sold October 10 by Stephanie and John Williams of Harcourts Williams
6. 20 High Street, Unley Park — $3.75 million
Sold October 27 by Stephanie and John Williams of Harcourts Williams
7. 43 Austral Terrace, Malvern — $3.65 million
Sold August 15 by Stephanie and John Williams of Harcourts Williams
8. 2 Prescott Terrace, Toorak Gardens — $3.6 million
Sold July 3 by Stephanie and John Williams of Harcourts Brock Williams
9. 8 Bethune Avenue, Glenunga — $3.4 million
Sold February 15 by Tim Thredgold of Toop & Toop Real Estate
10. 42 Palmerston Road, Unley — $3.302 million
Sold July 28 by Stephanie and John Williams of Harcourts Williams