What house prices have done in every SA federal electorate under Albanese [Video]

New data correlating median house prices and federal electorates paint a picture as to how property market dynamics influence voting patterns and the priorities of elected officials, a new report shows.

According to CPA Advisory analysis, modelled with SuburbTrends data, while some seats interstate saw value decreases since the last federal election in May 2022, every federal SA seat recorded a rise over the past three years.

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The greatest increase can be seen in Adelaide’s northern suburbs in the seat of Spence.

The Labor seat, held by Matt Burnell, has had huge amounts of federal funding showered upon in recent years, with the median sale price in the area increasing by 48 per cent from $415,000 to $615,000.

Mike Lao of Edge Realty in Adelaide’s northern suburbs said significant government spending on infrastructure upgrades in the area, on the back of solid building activity, had helped make the area more …