Craig

And the growth that should be mentioned on the unit market where you are, 21.7%.

So that is pretty reasonable in the last 12 months.

Looking at the numbers, just sort of drilling down on Salisbury Downs is the cheapest location when buying a unit.

Just over 400 grand, but places like Tonsley and Bedford Park aren't far behind.

Buyers are clearly prioritising lifestyle and convenience, not just the cheapest postcodes anymore.

Different story, isn't it, when it comes to houses?

The cheapest houses are still overwhelmingly in the north.

And even then, you're basically starting well above the 500k mark.

That gap between units and houses is pushing more buyers to rethink what getting into the market actually looks like when buying a property with a bit of land.

We are talking to Fadi there in Adelaide from the suburb of Walkerville.

When we come back, well, we've got to talk about the big elephant in the room, and that is the RBA.

They are meeting later on this afternoon, and we'll also talk about those downsizes.

That is up next.

Go

Good morning to you, Danny.

Welcome to the Real Estate Breakfast, a waterfront home in Rose Bay, fetched around $55 million.

It is a suburb record.

When there are these massive sale prices, when they happen, it does reshape expectations from vendors who suddenly say, wow, my house is worth XYZ, which ain't exactly how it works, of course.

It is a Real Estate Tuesday.

Yes, as I mentioned, we've got this decision.