Colliers research highlights approximately $60 million development land transactions so far in 2025.
Colliers’ Investment Services team in Adelaide has recorded a standout year in the development land sector, transacting over 185,000sqm of land valued at approximately $60 million so far in 2025. With an additional 15,000sqm (approx.) of development land expected to come to market in the near future, momentum across South Australia’s development landscape continues to build.
Residential and accommodation development sites have accounted for a staggering 89% of all transactions, underscoring the sustained demand for housing across the state. The remaining 11% comprises commercial and retail opportunities, reflecting a market heavily skewed toward residential growth.
Rhys Newman, Colliers said, “The volume of land transacted this year is a clear indicator of market confidence. Despite broader economic headwinds, developers are continuing to invest in projects that align with the state’s growing need for housing and mixed-use precincts.”
This surge in residential-focused activity is being driven by population growth, interstate migration, and government incentives aimed at boosting housing supply. Recent data shows that nearly half of South Australian buyers, 48%, are actively seeking newly built properties, further fuelling demand for greenfield estates and master-planned communities.
Colliers has seen strong interest in recent listings including 113 Liguria Crescent, Noarlunga Downs; Lot 20 Taylors Avenue, Morphett Vale; 243–253 Halifax Street, Adelaide; and 150 Wynn Vale Drive, Wynn Vale. These sites reflect the growing appetite for scalable residential projects in both metropolitan and suburban locations.
“We’re also seeing increased competition from the aged care and retirement living sector, which is aggressively pursuing land alongside traditional residential developers. The sale of 12–16 Glen Osmond Road, Parkside for $9.6 million, set to become a new aged care accommodation project, is a prime example of this trend,” added Mr Newman.
Other notable transactions include 32 Halifax Street, which will be redeveloped into townhouses by a local private developer for $6.9 million. Colliers is currently marketing 11,772sqm in Adelaide’s eastern suburbs on behalf of the Government of South Australia via Renewal SA, further demonstrating the scale of opportunity in the current market.
Mr Newman commented, “On going demand for labour in the state and Recent changes to first home buyer policies, including adjustments to deposit and stamp duty requirements, are also contributing to heightened activity, making residential development sites even more attractive to investors and developers.”
“With strong fundamentals and a clear demand trajectory, Adelaide’s development land market is expected to remain active throughout the remainder of 2025, led by residential and accommodation-focused projects.”
Related Articles
