Seven vacant land allotments and four house-and-land packages have gone on sale in Seaton today as part of the ongoing transformation of the western suburb.
Peter Gatsios, Renewal SA’s Executive Director of Residential Project Delivery and Assets, said he expected strong market interest in the newly available properties.
"This first release for 2025 is expected to follow the trend of 2024, where packages and allotments that went to market sold out in a matter of weeks, demonstrating significant demand in the area,” Mr Gatsios said.
“The prime location and range of amenities nearby have been key drawcards for prospective buyers.
“Grange Beach is nearby, there is an abundance of public transport, and West Lakes shopping centre is just a three-minute drive down the road.
“I would encourage interested buyers to act quickly as allotments and packages come online."
The house-and-land packages, located on Karra Avenue and Matthews Avenue, have been designed and will be built by Bradford Projects by Scott Salisbury and are to be sold by Harcourts Property People.
These packages include three bedrooms and two bathrooms, with prices ranging from $725,000 to $1.04 million for a premium double-storey, two-car garage home.
Buyers can also choose their own builder for land allotments on Matthews Avenue, Glenburnie Street, and Lark Avenue, with prices ranging from $295,000 for a 145m² block to $495,000 for a 262m² allotment.
The latest release forms part of Stage 1 of the state government’s reimagining of Seaton, which broke ground in 2023 opposite Seaton High School, bordered by Frederick Road, Matthews Avenue, Lark Avenue, and Glenburnie Street.
138 homes will be delivered in Stage 1, 70 of which will be set aside for affordable and social housing, with a mix of houses and apartments.
"All 36 house-and-land packages and vacant allotments released to date have been sold, and another premium release to meet the continued demand is coming to the market soon," Mr Gatsios said.
Renewal SA anticipates sales for Stage 2 to come online in the coming months, following the appointment of builders and the start of civil works.
“This stage will include a wider range of options, including townhouses and single-storey dwellings, catering for a broader market and growing demand in the area,” Mr Gatsios added.
According to Data SA, South Australia’s government data directory, residential sales in Seaton in the last quarter of 2024 peaked above the South Australian average.
In December, the median sale price of houses in metropolitan Adelaide was $850,000. In Seaton, the average was 3.6% higher.
Seaton has bucked the trend for years, with median sales 6.4% above Adelaide’s average in December 2023 and 11% above in December 2022.
Mr Gatsios said the data painted a picture of demand in the area.
"It’s clear Seaton is a sought-after suburb, and prospective buyers see its potential.
"Seaton is in a prime location, and with such a rejuvenation in the works, there is every reason to believe its positive trajectory will continue."
The Seaton redevelopment is a partnership project with SA Housing Trust and will include the redevelopment of 400 public housing lots over the lifetime of the development.
The project master plan is expected to deliver 1,450 homes within the bounds of Frederick Road, Glenburnie Street, West Lakes Boulevard, and Tapleys Hill Road by 2035, marking a bold new chapter for the area, delivering vibrancy, community, lifestyle, and affordability not seen locally for decades.