Adelaide's housing boom continues with run-down home selling for $750,000 above asking price WedWednesday 3 updated WedWednesday 3 MarMarch 2021 at 2:13am The 1950s cottage in Glenunga attracted bids before the auction well above the asking price despite its condition. ( Share Print text only Cancel Key points: The sale comes amid a real estate boom in Adelaide A real estate expert says prices are trending up across the country The cottage at Glenunga, in Adelaide's inner-south-east was advertised for three weeks before being sold at auction for $2.05 million, despite its condition. Agent Daniel Oliver had a feeling it would gain plenty of interest after advertising for the 1,200-square-metre property went live.