As the 2024/2025 financial year has now wrapped up, the South Australian property and conveyancing market has shown a mix of resilience and growth. According to the latest insights from Land Services SA, this year has seen a rise in overall activity, with several standout metrics that are shaping the landscape of property transactions across the state.

A Strong Year for Dealings

The total number of dealings lodged during the 2024/2025 financial year rose by 6.02% compared to the previous year. This growth is likely attributed to an increase in refinancing activity, spurred by interest rate cuts from the RBA over the past 6 months. The market’s response to these lower borrowing costs has injected fresh momentum into the property market.

When measured against the five-year average, the past year was 2.34% above trend, demonstrating a healthy and stable performance and total lodgements were just 4.31% below the historic peak seen during the 2021/2022 financial year,

June in Focus: Mixed Signals, but Strong Planning Activity

June 2025 presented a nuanced picture. Total Division/Plan-Based Dealings were down 11.39% compared to June 2024, indicating a temporary lull in this area of activity. However, this dip appears to be an anomaly rather than a trend, as Plan Lodgements surged 36.49%, marking a 10-year high. This spike suggests strong developer confidence and a likely rebound in division-based dealings in the months ahead.

Other key indicators for June 2025 compared to the same month last year include:

  • Total Dealing Lodgements: Up 10.31%
  • Total Transfers: Up 2.24%
  • New Certificates of Title Issued: Up 32.35%

These figures reinforce the theme of steady and consistent growth, particularly in core transactional areas.

Looking Ahead

As we head into the 2025/2026 financial year, several external factors could influence the trajectory of the property market. Further interest rate adjustments, coupled with shifts in global consumer confidence, will be important to monitor. However, based on the current data, South Australia’s property market appears well-positioned to handle future volatility with a solid foundation.

 

Source - Land Services SA