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Best areas in South Australia to buy property in 2026

Profile photo of Andy Webb,  Editorial Writer at OpenAgent

Written by 

Andy Webb.

Learn more about our editorial guidelines.

Reviewed by 

OpenAgent articles are reviewed by real estate experts and professionals. Our reviewers confirm the content is thorough, accurate and reflective of current trends and best practice. Content is reviewed before publication and upon substantial updates. Learn more about our editorial guidelines and review board here.
Johanna (Seton) Urrutia.

Johanna is one of the co-CEOs of OpenAgent. She has over 9 years of experience in the real estate industry through her work at OpenAgent and holds a real estate licence in every state of Australia. Previously, Johanna worked at hipages.com.au, Australia's largest trade marketplace, where she built her experience understanding renovations and home improvements for 7+ years.

Learn more about our editorial guidelines.

Key takeaways

  • The picks: Ten suburbs across Regional SA's Barossa fringe, Clare Valley, Upper Spencer Gulf, Yorke Peninsula and South East coast make the list, with house medians from $335,250 to $870,000 and a unit median of $420,000.
  • Who they suit: Investors comfortable with thin liquidity and regional concentration risk, seeking growth or yield unavailable in the capitals.
  • Market conditions: Regional SA dwelling values rose +11.6 per cent over the year to July 2026, outpacing the capitals, though some centres carry real industrial and supply-side risk.
  • The forecast: Propertyology expects at least 6 per cent growth across 66-plus named locations in 2026, though the broader national backdrop has softened and double-digit gains are unlikely to repeat.
  • The trade-off: Yields across the picks range from thin to solid, but the stronger income suburbs tend to carry the most economic concentration risk.

Why invest in Regional South Australia now?

Regional South Australia has been one of the quieter overachievers in the national property story, and mid-2026 is a reasonable moment to look at why that run has held while much of the country has softened. The case is not complicated: affordable entry prices, genuine yield, and growth that has kept pace with the larger markets.

Cotality's Home Value Index puts the regional SA median dwelling value at $560,795 as at July 2026, up +11.6 per cent over the year and +2.1 per cent over the quarter. That compares well against a national backdrop where capital city values have been falling since mid-year. Infrastructure is doing some of the work: the Upper Spencer Gulf's resources and renewable-energy projects have drawn sustained investor interest, and Murray Bridge's commuter link to Adelaide continues to underpin demand. The SA Housing Roadmap is releasing land and offering stamp-duty relief on new homes, though meaningful supply additions are not expected before late 2026.

Cotality puts the gross yield on regional SA dwellings at 4.4 per cent, well above what most capital-city markets offer landlords. Rental conditions across the region are among the tightest in the country, so finding a tenant is rarely the problem: the entry price is the hurdle.

REISA CEO Andrea Heading noted in August 2026 that "For investors reading the statewide median, South Australia looks solid but unspectacular, up 1.4 per cent for the quarter." The regional picture is stronger, though not uniform: some smaller centres are thinly traded, and the Whyalla steelworks uncertainty introduces real two-way risk into Upper Spencer Gulf markets.

A free property report gives you a suburb-level rundown before you commit: recent comparable sales, average days on market, and an estimated property value, at no cost and with no obligation.

adelaide riverside

Regional South Australia forecast and price predictions for 2026

Regional SA property market predictions for 2026 point to continued growth, though at a slower pace than the double-digit gains of recent years. Cotality's Home Value Index put regional SA dwelling values up +11.6 per cent over the year to July 2026, with a further +2.1 per cent in the quarter alone.

Propertyology head of research Simon Pressley said in December 2025 that "This research report lists more than 66 locations whose property markets are likely to produce at least 6 percent growth in the 2026 calendar year," naming Murray Bridge and Port Augusta among the top national performers.

The big four banks do not publish SA regional town-level forecasts. As wider context only: NAB's Housing Monitor forecast national dwelling values down -5 per cent to December 2026, and NAB's Residential Property Survey put the SA state-wide expectation at -1.1 per cent. The main risk locally is Whyalla: the steelworks sale process is unresolved, and the earlier story of an industry-driven population boom no longer applies.

Interest rates are a further headwind. All four major banks expect the cash rate to stay at 4.35 per cent until at least mid-2027, according to Canstar's tracker, meaning borrowing costs stay high through most of the year.

OpenAdvantage is OpenAgent's buyer network, giving you early access to thousands of off-market properties, homes whose owners are ready to sell but have not yet listed publicly, at no cost.

How we chose the best suburbs in Regional SA

OpenAgent's data team built the rankings using a scoring model applied to sales and rental records. The model is growth-led: 12-month and five-year price growth carry the most weight, with days on market, listings volume and rental yield each contributing less.

The rankings use sales and rental data for the 12 months to 30 June 2026. Growth figures compare that period with the previous 12 months and the equivalent period five years earlier. Each suburb is ranked on its stronger property type, house or unit.

Gross rental yield is an estimate based on all properties in a suburb, not only those being rented out. Suburbs with fewer than about 20 sales are excluded, and individual datapoints are omitted where the data is too thin to be reliable.

General information only, not financial advice. Figures are estimates and past performance is not a reliable indicator of future results. Always seek independent advice.

Regional South Australia's best suburbs to invest in 2026

Ten suburbs make this list, nine houses and one unit. Each is profiled individually after the comparison table. Across the picks, the strongest recent growth tends to come with thinner yields, while the best income returns sit on more modest price bases.

SuburbPostcodeTypeMedian price12m growth5y growthMedian rent (pw)Gross yield
Mount Gambier5290Unit$420,000+29.2%+110.8%$3203.9%
Bordertown5268House$375,000+30.4%+102.7%$4205.9%
Port Augusta West5700House$399,000+29.8%+99.7%$3805.0%
Williamstown5351House$870,000+26.5%+120.3%nana
Kingston Se5275House$542,000+30.6%+97.1%$3554.0%
Port Augusta5700House$335,250+25.3%+114.9%$3605.9%
Kapunda5373House$657,600+20.7%+137%$5154.2%
Clare5453House$605,100+28.7%+86.2%$4504.3%
Moonta5558House$495,000+23.0%+106.7%nana
Naracoorte5271House$460,000+21.1%+109.1%$4105.2%

Source: OpenAgent data.

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1. Mount Gambier 5290

South Australia's second city, about 450 kilometres south-east of Adelaide near the Victorian border, Mount Gambier is a genuine regional centre with its own economy, services and rental demand. This unit pick recorded a median of $420,000 over the past year, up +29.2 per cent, and homes are selling in 28.5 days, down from 32.5 a year ago, meaning buyers are making decisions a little faster than they were twelve months ago.

The gross yield is 3.9 per cent, the lowest of the eight picks with a figure, and the median rent of $320 a week is the lowest median rent of the eight picks with a figure. Income alone will not carry the investment here: the case rests on the city's size and sustained price growth.

  • Strengths: Strong recent price growth in a self-contained regional city with genuine, durable rental demand.
  • Risks and considerations: Thin rental income relative to other picks means the investment relies heavily on continued price growth.
  • Best suited for: Growth-focused investors comfortable carrying a lower yield over a long hold.

2. Bordertown 5268

Bordertown sits on the Dukes Highway just inside the SA border, roughly 250 kilometres south-east of Adelaide, and draws steady demand from the agricultural communities of the upper South East. The median house price reached $375,000 over the past year, up +30.4 per cent, with a gross yield of 5.9 per cent that makes it one of the stronger income options on the list.

Homes are taking 32 days to sell, a little longer than a year ago when the figure was 29.5 days, and listings rose about +6.9 per cent over the past year, so buyers have slightly more to choose from than they did.

  • Strengths: A genuine combination of strong price growth and solid rental yield, rare at this price point.
  • Risks and considerations: A small regional town with a narrow local economy, making it sensitive to agricultural conditions.
  • Best suited for: Investors wanting both income and growth, willing to hold through slower periods.

3. Port Augusta West 5700

Port Augusta West sits on the western side of the Upper Spencer Gulf, about 300 kilometres north of Adelaide, and benefits from the same industrial and resources activity that draws workers to the broader Iron Triangle. The median house price came in at $399,000, up +29.8 per cent over the past year, and homes are selling in 48 days, down from 56.5 a year ago, a fall of -15 per cent, pointing to stronger buyer activity.

The gross yield of 5 per cent is solid. Listings rose about +30.4 per cent over the past year, which means more supply to compete with and gives buyers more room to negotiate on entry.

  • Strengths: Improving selling pace and a strong yield, underpinned by genuine worker and industry demand.
  • Risks and considerations: A sharp rise in available listings means buyers have more choice, which could weigh on resale prices.
  • Best suited for: Yield-oriented investors who are across the industrial and transition risks of the Upper Spencer Gulf region.

4. Williamstown 5351

Williamstown is a compact Barossa-fringe town about 45 kilometres north-east of Adelaide, close enough to the metro edge to attract tree-changers and buyers priced out of the inner Hills. The median house price reached $870,000 over the past year, the highest of the ten picks, up +26.5 per cent, and homes are selling in 21 days, the shortest of the ten picks.

Rental yield and rent data are not available for this suburb, so income cannot be assessed from these figures. The five-year growth of +120.3 per cent reflects strong longer-run demand, but at this price point the investment depends almost entirely on continued capital appreciation.

  • Strengths: Exceptional selling pace and a five-year growth record that reflects deep, sustained buyer interest.
  • Risks and considerations: No yield data available, and the demanding entry price makes this purely a capital-growth bet.
  • Best suited for: Growth-focused investors with the capacity to carry an asset without relying on rental income.

5. Kingston SE 5275

Kingston SE is a small coastal town at the southern end of the Coorong, around 300 kilometres south of Adelaide, popular with lifestyle buyers and those priced out of bigger coastal markets. Prices rose +30.6 per cent over the past year to a median of $542,000, the strongest of the ten picks, and selling pace has recovered sharply: homes are now taking 52.5 days, down from 95 days a year ago, a fall of -44.7 per cent.

The gross yield is 4 per cent, the lowest of the seven house picks with a figure. The town's small size and lifestyle-led demand mean the rental pool is limited, so filling a vacancy can take longer than in a larger centre.

  • Strengths: Exceptional recent price growth, with a sharp improvement in how quickly homes are selling.
  • Risks and considerations: Thin rental yield and a small, lifestyle-driven market that can be hard to rent consistently.
  • Best suited for: Growth-focused investors who can accept limited rental income in a small coastal town.

6. Port Augusta 5700

Port Augusta's town-side market sits at a lower price point than its western neighbour, with a median of $335,250, the lowest entry price of the ten picks, up +25.3 per cent over the past year. Homes are selling in 52 days, down from 61 a year ago, a fall of -14.8 per cent, pointing to improving demand. The gross yield of 5.9 per cent is among the strongest on the list, meaning the rent is doing meaningful work relative to the purchase price.

A year-on-year comparison for listings is not available, so the supply trend cannot be assessed here. The Whyalla steelworks transition introduces genuine uncertainty into the broader Upper Spencer Gulf region, and that risk applies to Port Augusta too.

  • Strengths: The most accessible entry price on the list, paired with a strong rental yield and improving selling pace.
  • Risks and considerations: The Whyalla steelworks uncertainty creates real two-way risk for the Upper Spencer Gulf economy that flows through to local property demand.
  • Best suited for: Income-focused investors who can enter at a low price point and are comfortable with regional industrial risk.

7. Kapunda 5373

Kapunda is a historic mining and agricultural town in the lower Barossa, about 80 kilometres north of Adelaide, with a character distinct from its wine-country neighbours and a growing cohort of buyers looking for space within reach of the city. The five-year growth of +137 per cent is the strongest five-year growth of the ten picks, and twelve-month growth came in at +20.7 per cent, the weakest twelve-month growth of the ten picks.

The median house price is $657,600, with a gross yield of 4.2 per cent and homes selling in about 29 days, near-identical to a year ago. Listings moved only marginally over the past year.

  • Strengths: An exceptional long-run growth track record, in a town with genuine lifestyle and commuter appeal.
  • Risks and considerations: Recent price growth has slowed, raising the question of whether the bigger gains are behind it.
  • Best suited for: Long-hold investors who value a proven track record and are patient about near-term momentum.

8. Clare 5453

Clare is the main town in the Clare Valley wine region, about 130 kilometres north of Adelaide, with a mix of permanent residents, lifestyle buyers and a steady tourist economy. The median house price reached $605,100, up +28.7 per cent over the past year, and homes are selling in 32 days, down sharply from 44 a year ago, a fall of -27.3 per cent.

The five-year growth of +86.2 per cent is the weakest five-year growth of the ten picks, and listings rose about +36.5 per cent over the past year, the sharpest increase on the list. More stock on the market gives buyers more room to negotiate now, and it is something to watch on resale if the trend continues.

  • Strengths: Strong recent price growth and noticeably faster selling pace than a year ago.
  • Risks and considerations: The sharpest rise in available listings of any pick, which could soften resale conditions if it continues.
  • Best suited for: Investors drawn to lifestyle-region markets with solid recent momentum, who monitor supply carefully.

9. Moonta 5558

Moonta is a heritage copper-mining town on the Yorke Peninsula, about 160 kilometres north-west of Adelaide, where permanent residents and holiday buyers share a market drawn to the nearby coast. The median price rose +23 per cent over the past year to $495,000, and homes are now selling in 47 days, down from 56 a year ago, meaning properties are moving more quickly than they were twelve months ago.

Rental yield and rent data are unavailable, so income cannot be assessed from these figures. Listings fell slightly over the past year and remain the smallest of the ten picks, which keeps the market thin: a handful of unusual sales can move the median a long way.

  • Strengths: Improving selling pace and strong recent price growth in a market where limited supply tends to support prices.
  • Risks and considerations: No yield data available, and a very thin market where a handful of unusual sales can distort the median.
  • Best suited for: Growth-focused investors comfortable buying in a small, thinly traded market without reliable yield data.

10. Naracoorte 5271

Naracoorte is the main service centre for the upper South East, about 330 kilometres from Adelaide near the Victorian border, with a stable agricultural economy and a broad residential base. The median house price is $460,000, up +21.1 per cent over the past year, and homes are selling in 36 days, down from 50 a year ago, a meaningful improvement in pace.

Listings rose +1.7 per cent over the past year, and at 119 properties Naracoorte carries the largest of the ten picks, which gives buyers genuine choice and negotiating room now. That same supply depth is what investors will sell into later. The gross yield is 5.2 per cent against that entry price, so the rent is doing real work from day one.

  • Strengths: A solid yield and meaningfully faster selling pace than a year ago, in a town with a diversified local economy.
  • Risks and considerations: Heavy listing volumes give buyers leverage at entry but also mean more competition when it comes time to sell.
  • Best suited for: Yield-focused investors who want a more liquid, service-town market with a broad buyer and tenant base.

The bottom line

Regional SA's story in 2026 is straightforward: affordable entry, yields well above the capital-city average, and growth that has held up while much of the country has softened. The honest counterweight is that the pace is decelerating, interest rates are keeping borrowing expensive, and the Upper Spencer Gulf carries real economic uncertainty.

The suburbs that screened best sit across a wide price range and reward different goals, from income-first picks around the 5 to 6 per cent yield mark to growth-first bets in lifestyle and Barossa-fringe towns.

Explore suburb profiles to dig into the data on any of them.

  • Is Regional SA a good place to invest in 2026?

    The fundamentals are strong. Regional SA dwelling values rose +11.6 per cent over the year to July 2026, on Cotality's figures, while the national market has turned broadly negative. Tight rental conditions and relatively affordable entry prices compared to the capitals underpin the case. The main risks are the uncertainty around the Whyalla steelworks sale and the possibility that growth decelerates from its recent pace as interest rates stay elevated.

    Down Pointer
  • Should I focus on capital growth or rental yield in Regional SA?

    The screen that produced this list is growth-led, and the growth numbers here are strong. That said, yields across the picks run from 3.9 per cent to 5.9 per cent, so this is one of the regional markets where you do not have to sacrifice much income to chase growth. If yield is your priority, the house picks generally offer the better return, though the house-versus-unit comparison below covers that in more detail.

    Down Pointer
  • Is it better to buy a house or a unit in Regional SA?

    Nine of the ten picks are houses, which reflects where the data found the most consistent growth across the region. Houses averaged +26.2 per cent growth over twelve months and +108.2 per cent over five years. The one unit pick, Mount Gambier, returned +29.2 per cent over twelve months and +110.8 per cent over five years, so houses and units are fairly level over the shorter window while houses lead across the broader pool over five years.

    Down Pointer
  • What budget do I need to invest in Regional SA?

    The suburb medians on this list range from $335,250 (Port Augusta) to $870,000 (Williamstown), so entry points vary considerably by location and property type. Most of the picks sit between $375,000 and $660,000. Keep in mind these are suburb medians, not the cheapest available property: individual sales can come in below or well above.

    Get a free property report to check recent comparable sales and estimated values before you commit to a suburb.

    Down Pointer
  • How did OpenAgent choose these suburbs?

    The picks come from a growth-led screen applied to OpenAgent's own sales data across regional SA. The full details of the methodology, including minimum sales thresholds and how rental yield estimates are calculated, are set out in the methodology section above.

    Down Pointer

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