The median price of a home in South Australia has not grown over the past 12 months and is still at $275,000, what it was in the first quarter of 2014, according the Valuer General’s figures for the March 2015 quarter.

“The regional results are similar to those found in metropolitan Adelaide. Median prices remain at record levels but the volume of sales is down," said REISA President Greg Moulton. "The decrease in sales has been the case in the first quarter of each year for many years now. However, as interest rates continue at their historically low levels, hopefully more and more vendors and purchasers will enter the market place as the year goes on."

Suburbs which have seen the largest growth over a 12 month period were Port Augusta, Naracoorte and Mount Gambier with increases of 21.03%, 13.50% and 8.28% respectively. Top selling suburbs in terms of recorded sales over the March quarter – exactly the same as the last - were Victor Harbor, Mount Gambier and Murray Bridge.