CoreLogic has released their home value index for August, with Adelaide coming out as the best performing capital city over the last three months in terms of change in dwelling values.

Adelaide had a 0.5 per cent change in dwelling values, while the weakest performing capital city was Melbourne with a -2.0 per cent change.

Adelaide rose to the top of the quarterly performance stakes over the three months to the end of August, taking over from Hobart where values have posted two consecutive months of subtle falls, according to CoreLogic.

The city had a 1 per cent change in dwelling values in the last year, and the median value of homes is $438,466.

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Grant Giordano of South Australia Sotheby's International Realty told WILLIAMS MEDIA it’s no longer viable for many buyers to purchase in New South Wales and Victoria, and Adelaide is incredibly affordable in comparison.

“There are incentives for interstate and international buyers to get a piece of the Australian lifestyle in Adelaide, and investors will get a much higher yield on return in this volatile market," said Mr Giordano.

“Historically Adelaide has ticked along and had constant growth, but has never experienced the exponential growth of sister cities in Australia."

Mr Giordano said he is expecting some pretty large movements in the Adelaide market as a whole.

There are a variety of different lifestyles available in including hills, rural areas, beachside, and cosmopolitan inner city living.

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“There are a lot of options available and a lot of buyers don't know where they want to live, so my tip is to work with an agent to get a personal touch.

“Befriend an agent, professionally engage them, and sit down and let them work for you as a buyer.

“The only way buyers will know about certain opportunities is if they work with an agent."

Related reading: "Confidence is well and truly back" in South Australian market

Mr Giordano said there are a lot of big properties sold off market and “what people may not understand is we are in this industry 24/7 and you can't possibly have access to all that information if you are only periodically checking into the market”.

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1801-1802/18 Rowlands Place, Adelaide for sale by Grant Giordano of South Australia Sotheby's International Realty, as seen on Luxury List

“Partnering with an agent on a more personal level is imperative."

Jordan Begley of Toop & Toop Norwood believes the Adelaide market is very competitive with plenty of demand.

“There are good properties that are set up nicely, and they sell really well.

“A lot more properties are coming on with spring, which is great as there has been a shortage of good properties out there.

“I think supply will steadily increase. There have been some fantastic results for vendors, especially through the metro east areas."

For vendors, marketing through to the right avenues is key, especially in this day and age.

“A modern touch of marketing, not just online but through other forms is really vital.

“Vendors should take advantage of overseas and interstate investment into Adelaide.”

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