Adelaide property market

While property prices fall across Australia, Adelaide and Hobart are the two cities bucking the trend according to data from the Real Estate Institute of Australia (REIA). 

Agents say property prices are likely to fall in suburbs moved out of the zones for two of Adelaide's most sought-after schools. 

The median value of Adelaide properties has soared to a record high, defying declining markets across Australia’s capital cities.

The third quarter in South Australia recorded a decline in property sales, but industry body the Real Estate Institute of South Australia (REISA) is "optimistic" about the market.

If you've got a pocket full of cash, these are the most expensive suburbs in Adelaide to park it in, according to data from CoreLogic.

Alex Ouwens, president of the REISA, said he is "chuffed" the South Australian property market recorded strong results in the December quarter.

Buyers and sellers in the Sydney real estate market should expect a strong spring, but then a few years of flat capital growth, says John Cunningham, president of the REINSW.