The SA areas where home sellers are forced to cut prices

Tom Bowden, Property JournalistUpdated 5 Sep 2026, 12:31amFirst published 5 Sep 2026, 12:30amWhile the idea of a vendor having to drop their price to get a property sale might have been incomprehensible during the red hot pandemic market, now those looking to sell their homes are increasingly having to lower their expectations to get the job done. According to DSR Data, SA’s highest discounted markets span the entire metropolitan area, with Penfield land the most discounted. Sellers here have had to drop their prices by 5.6 per cent to get the job done. North Adelaide units were the next most heavily discounted at 3.3 per cent, while Evanston Gardens sellers dropped their price by 2.1 per cent on average to get a sale. Mount Barker land sellers discounted their properties by 1.1 per cent, while Prospect unit sellers cut their prices by 0.5 per cent. New data reveals the top suburbs where home sellers are dropping their prices in order to get a sale. Justin Irving recently sold a house in Paralowie, that had a price reduction prior to auction to generate more interest. Picture: Eleni Tzanos Ray White Salisbury agent Justin Irving recently sold a home at 38 Blaess Dr, Paralowie at au...