Tips for First-Time Home Buyers in Adelaide

Embarking on the Home Buying Journey in Adelaide

So, you’ve decided to take the plunge and buy your first home in Adelaide, Australia. 🏡 Congratulations! This is a significant milestone in your life. But, as exciting as it is, it can also be a bit overwhelming. I remember when I bought my first home, I was filled with a mix of excitement and anxiety. But don’t worry, we’ve got you covered. Here are some tips to help you navigate the process and make your first home buying experience a breeze.

Understanding the Adelaide Real Estate Market

First things first, understanding the Adelaide real estate market is crucial. 📈 Adelaide is known for its affordable housing compared to other major Australian cities. However, prices have been steadily increasing over the past few years.

Researching the market trends, understanding the median house prices, and knowing the best suburbs for your lifestyle and budget will help you make an informed decision. Websites like and are great resources for this.

Getting Your Finances in Order

Before you start house hunting, it’s essential to get your finances in order. 💰 This includes saving for a deposit, understanding your borrowing capacity, and getting pre-approval for a home loan.

Remember, the larger your deposit, the less you’ll have to borrow. And, having a pre-approval can give you an edge when negotiating with sellers as it shows you’re a serious buyer.

Consider the Hidden Costs

When I bought my first home, I was surprised by the number of hidden costs. 🙀 These include stamp duty, conveyancing fees, building and pest inspections, and home insurance. Make sure you budget for these costs to avoid any nasty surprises.

Seek Professional Help

Buying a home is a big decision, and it’s okay to seek help. A real estate agent can guide you through the process, while a conveyancer can handle the legal aspects. 🤝 Don’t be afraid to ask questions and seek advice.

Inspect Before You Buy

Finally, always inspect a property before you buy. 🕵️‍♀️ Look for any potential issues such as structural damage, plumbing issues, or signs of pests. It’s also a good idea to get a building and pest inspection done by a professional.

Frequently Asked Questions

1. What is the average house price in Adelaide?

As of 2021, the median house price in Adelaide is around $550,000. However, this can vary depending on the suburb and type of property.

2. How much deposit do I need to buy a house in Adelaide?

Typically, you’ll need at least a 20% deposit. However, some lenders may accept a smaller deposit, but you may have to pay Lenders Mortgage Insurance (LMI).

3. Can I buy a house in Adelaide as a foreigner?

Yes, but there are restrictions. Foreign buyers may need approval from the Foreign Investment Review Board (FIRB).


Buying your first home in Adelaide, Australia, is an exciting journey. By understanding the market, getting your finances in order, considering the hidden costs, seeking professional help, and inspecting before you buy, you can make the process smoother and more enjoyable. Remember, this is a significant step in your life, so take your time, do your research, and make the decision that’s right for you. 🏡💕

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.