As you'd expect, accommodation close to the city centre is generally the most expensive. This home is so expansive that it straddles the states of Utah and Colorado. 3 Lindsay Avenue, Darling Point NSW - $63-67M. Historically Adelaide has ticked along and had constant growth, but has never experienced the exponential growth of sister cities in Australia. 253 Short Rd, Penfield Gardens $2.325 million. 5. Queensland, . Walford Anglican School for Girls. Dulwich Bakery is also a local institution, dishing out an award-winning vanilla slice, the accolade wone at the Royal Adelaide Show several times. Distance: 4.2km from the CBDRent average: $135/week private room. Gilles Plains offers houses in the $500,000s, multiple schools and colleges, a TAFE campus, a golf course and proximity to employment zones. 23-coreega-avenue-springfield-e9cdc5a9-f1a4-4faf-957f-601bc7644f14.jpg I have a house in Adelaide, and whilst I know I can get quotes etc just seeking anyone that has recently built up in Adelaide. The mansion was built in 1889 and offers 740 sqm of living space across 13 rooms, six of which are bedrooms. Closely following Toorak Gardens is the suburb of Malvern, with a median price of $1.3 million. The property fetched $8.25 million, with some of the enviable features, such as two kilometres of direct beach frontage, a helicopter pad, dune buggy race track, and of course the usual trappings of a swim spa, six bedrooms, and five bathrooms. The increase in the national house price reflected a sharp rise in Sydney house prices by 1.4% over the February quarter. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. Luxury Holiday Homes at a Fraction of the Cost. Canstar may earn a fee for referrals from its website tables, and from Sponsorship or Promotion of certain products. What makes these sales so special are they represent non-traditional sales at historically high prices, Giordano & Partners Principal Grant Giordano told The Property Tribune. The most expensive home in Adelaide for 2022 was on 10 Robe Terrace in Medindie. Stay up to date with Australia's most important property news through our free email service. ", CoreLogic's most expensive suburbs in Adelaide (based on median value), These are Queensland's most expensive suburbs, "Confidence is well and truly back" in South Australian market, Keep the conversation going with Recon Daily. Unley Park. 20 Mar 2022. At this stage in Adelaides collective property journey, two significant houses that have cracked sales prices of $8,000,000 plus have transacted in recent times. A mansion in Medindie sold for a whopping eight-figures but did not make it to this list of top sales because the final price was not disclosed to realestate.com.au. What is the most expensive house in Adelaide? Asking prices for the postcode 5066 hit February 2022 highs of $1.8 million and are currently floating around $1.5 million. Unley Park is famous for its unique sandstone and bluestone buildings. It has been at the forefront of price growth nationwide for the past two years and continues to have one of Australias busiest and most competitive property markets, with homes selling quickly at higher-than-expected prices. Two houses sold by him and his wife Stephanie Williams are among the top-sellers for the year. Explore our stunning collection today. Where indicated, third parties have written and supplied the content and we are not responsible for it. . Adelaide: 8.0: 76: Brisbane: 7.4: 88: Melbourne: 12.1: 73: Perth: 7.1: 91: Sydney: (Source: Getty) 3. Image - Harcourts Pilgrim. Click here to learn more. This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. This regency townhouse is set over 6 floors and was built around 1830. Find the best offers for houses most expensive adelaide. Stay up to date with Australia's most important property news through our free email service. Coming in third on our list of most expensive properties in Brighton, is this six bedroom terraced house in Adelaide Crescent up for sale for offers in excess of 3,000,000. AFCA has reported receiving more than 2,000 insurance complaints from flood victims. While the transaction set a new benchmark for prestige property in SA, the landmark home is not the first to make headlines for its eye-watering sale price. 12. 5 Brookside Rd, Springfield $4.6 million. With a median house price of $1.47 million, Toorak Gardens is officially Adelaide's most expensive suburb, according to new figures from CoreLogic. 2. Close to the Mitcham train station, the suburb is south of fourth-ranked Malvern and Unley Park. While Burnside Council now holds the citywide record for top residential sales, Walkervilles 9 Edwin Tce, Gilberton, which sold for $7 million, set the previous record Two-and-a-half years ago. Please visit our advertising page to learn more and enquire about advertising with us. Sold by Sally Cameron of Toop & Toop, as seen on Luxury List. This five-bedroom character home on 382 The Parade boasts custom renovations including a substantial landscaping uplift. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Most expensive suburbs in Adelaide. If you've got a pocket full of cash, these are the most expensive suburbs in Adelaide to park it in, according to data from CoreLogic. This is well above the $2.95 million it was purchased for in May 2004. 18 Bellerophon Street, Yatala Vale sold for $1.56 million. The suburb is situated about four kilometres from the central business district. Medindle is the most exclusive and tightly held suburb in Adelaide, and with good reason. Located below the Mount Lofty Ranges, Springfield is characterised by its sweeping views, bushland trails and large properties. "An open inspection in any of these suburbs attracts maximum attention, although many vendors in Adelaide (particularly these areas) opt for private inspection and no signboards," he told WILLIAMS MEDIA. Myer Centre, Adelaide. 1) Fairwater, Point Piper. That has resulted in increased demand for luxurious properties, Mr Williams said. Land size: 4.27ha. Pic: supplied, 2. The fourth most expensive suburb in Melbourne, Brighton, is situated 11km away from the CBD. St Peters is to the east of College Park and the Adelaide CBD, along with other landmarks like the Botanic Park. With more than 3000 properties currently listed for sale in Adelaide, and with the highest clearance rates in the country, it's fair to say the City of Churches' real estate market is booming. 4. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. Get the latest real estate news delivered free to your inbox. In 2023, Herron Todd Whites (HTW) month in review found that Adelaides finest homes saw numbers rise. Keep the conversation going with LUXURY LIST WEEKEND our free newsletter covering Australian luxury real estate. Sitting high on a hill, the spectacular Beaumont property at 21 Travers Drive is next-level luxury. An investigation by Forbes revealed Clarence House is worth an estimated $72 million, while Highgrove is now worth approximately $39 million. The most expensive house sold in 2020 was a five-bedroom, three-bathroom beachfront home on the famous Henley Beach. The rate of sale in Munno Para and Munno Para West has tripled in the past two years. The vacancy rate is 0.3% and rents have risen 15% in the past year. The vacancy rate is 0.3% and rents have risen 15% in the past year. The Myer Centre in Adelaide is the third most expensive building in Australia. Pic: supplied. How much commission do real estate agents really make? 19 Travers Drive, Beaumont $3,700,000, 19 Travers Drive, Beaumont. *couples are most welcome with a $35pw surcharge. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Former White family estate to set new suburb price record for Fulham. The suburb is bound mostly by main roads, including to the north by Kensington Road, to the South by the B26 or Greenhill Road and to the east is Portrush Road or the A17; Prescott Terrace is on the western border of Toorak Gardens. Cover image source: Sue Burton Photography/Shutterstock.com. Interest rates based on the average owner occupier, principal and interest variable rate for a loan of $500,000 as at 7 November 2022, for 80% LVR (5.25%). 15 Marine Pde, Marino sold for $1.515 million. Oct 12, 2021 - 5.21pm. The most expensive house sold in Adelaide in 2021 was a four-bedroom, three-bathroom mansion on a 3,772 sqm block in the inner south-east upper-middle-class suburb of St Georges. Slightly different to median prices, the average asking prices for Adelaide have recently been on a sharp rise, houses going for almost $760,000, with units around $360,000, according to SQM Research data. July 9, 2021 - 1:11PM. According to realestate.com.au, the property previously sold in May 2022 for an undisclosed amount, and in June 2007 for $2,405,000. Dulwich is bordered on the east by Toorak Gardens, and to the west by Victoria Park and the Adelaide CBD. I have a granny flat with private bathroom. Located on the fringes of Adelaide and home to historic landmarks like Carrick Hill, the suburb of Springfield takes nineteenth place on the list for most expensive suburbs in Adelaide. The suburb surrounds St Peters College, and is a stones throw from Adelaide institutions like the Adelaide Zoo, Adelaide Botanic Park, The University of Adelaide, and more. Located just over 30 kilometres from the Adelaide CBD, the suburb of Elizabeth North formed a part of the now-defunct City of Elizabeth when it was established as a residential suburb in the late 1950s. Adelaide's most expensive and affordable suburbs to rent in 2022. 3 baths. The southern suburb is located eight kilometres away from the Adelaide city centre and contains some of the most expensive suburbs in the city. Paula Thompson. News. And, if anything, 'special' is underselling just how awe-inspiring this one-of-a-kind estate is. 225 Esplanade, Henley Beach $4,125,000, 225 Esplanade, Henley Beach. A large portion of the suburb is comprised of Hazelwood Park itself, within which sits the George Bolton Swimming Centre. Many borrowers will feel mortgage pain when they next refinance, Top 20 Most Expensive Suburbs in Adelaide, Get the latest real estate news delivered, Growing market: childcare facilities investment developing, Ko Launches in Southeast Queensland luxury holiday home ownership at a fraction of the price. There are incentives for interstate and international buyers to get a piece of the Australian lifestyle in Adelaide, and investors will get a much higher yield on return in this volatile market," said Mr Giordano. In 2014, Adelaide house prices rose from an average of $477,000 to $486,000, with the southern capital finishing up 2015 at $490,000. Get up to $5000 cashback. In 2020 buyers could get houses in the $200,000s and recent demand has pushed prices into the $300,000s still affordable for many buyers. The median house price for homes in Ashton is $1,762,000, with weekly asking prices varying wildly between $1 million to $2.5 million. For more information, read the credit providers key facts sheet and other applicable loan documentation for that product. Read more about the property here. More: 2021: The Year Ahead in Luxury Real Estate. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. 253 Short Rd, Penfield Gardens sold for $2.325 million. Data fromCoreLogic have revealed the top five most expensive 'burbs in Adelaide, ranked according to median house price. So, when you see the eye-watering $12 million asking price of 488-500 Yatala Vale Road in the northeastern suburb of Yatala Vale, you know it's going to be something special. 4.0 (26) Timeliness. So, when it comes to luxury homes, the most expensive houses in Sydney are a seemingly endless series of architectural masterpieces.. Adelaides sky-rocketing house prices have been in the news all this year. Asking prices were on a gradual rise in the years prior to the pandemic, but as of 2021, Adelaide house prices have been making significant rises. 20 Wolseley Road, Point Piper, NSW - $45M. If you can afford it, Medindle is known as a superb lifestyle suburb, with many luxurious homes . Just to the east of Fitzroy, Medindie is also north of the Adelaide CBD, and sits on the fringe of North Adelaide. Located on a 1,443 sqm block, the house itself is a large 1940s solid brick and rendered two-storey residence, which has been updated over the years. CoreLogics guide to navigating a looming fixed-rate cliff, Lismore flood disaster: one year on but insurance battles ongoing, To-die-for: 5 luxury holiday homes on Sydneys outskirts, that you can now co-own. The Jewel Of Hunts Point: private estate fro sale in Bellevue, Washington, USA, $85,000,000. Canstar is not authorised or registered to provide legal, tax or accounting advice. Do a Google Image search for the suburb and only mansions turn up. West Creek Ranch, Gateway, Colorado ($279 million) Mansion Global. Mining heiress Angela Bennett's Mosman Park Mansion sold in 2009 for a then-record $57.5 million. Less than 4km from the CBD, it has that quintessential family vibe, with wide streets lined with trees, while its local shops are your . It comes as no surprise that the suburbs in the postcode, including: Andrews Farm, Blakeview, Craigmore, Gould Creek, Humbug Scrub, One Tree Hill, Sampson Flat, Smithfield, Smithfield Plains, Uleybury, and Yattalunga, do not feature on the most expensive suburbs list. Houses come in at a median of $3.19 million and units come in at a median of $1.05 million. I'm out of the loop working overseas but I know building costs have gone crazy. According to Department of Planning, Transport and Infrastructure records, 19 Statenborough St, Leabrook transacted on June 30 for a record $8 million. Giordano & Partners have listed potentially the most expensive home ever sold in the state. That may still sound like a lot, but when you consider Melbourne's most expensive property sold in 2021, 47 Lansell Road in Toorak, changed hands for $43.1 million, and Sydney's priciest property sold was a penthouse in ANZ Tower that . Settlement date: July 14, 2017. options. Since 2016, the number of houses for sale has never reached over five. Save. 38a Wentworth Road, Vaucluse, NSW - $63M. If anything, lockdowns or the thought of isolating at home has made South Australians buy larger estates and invest in spacious homes. It was sold in excess of $7 million with the true amount not being disclosed. Rents have risen 15% in the past 12 months. More on this sophisticated suburb below. Canstar provides an information service. Fitzroy sits next to the Adelaide Park Lands, and is also home to numerous 19th century multi-storey mansions. 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg The property also comes with a whopping hangar, which selling agency Giordano & Partners reckon can fit an additional 22 cars (talk about petrolhead heaven). 30 Strathmore Ave, Lockleys $2.25 million. 43,628 0 2021-03-16 07:35. The Turner Street address, dubbed the . Recent major price uplift and 0.3% vacancies attest to the popularity of the location. Get the latest real estate news delivered, Growing market: childcare facilities investment developing, Ko Launches in Southeast Queensland luxury holiday home ownership at a fraction of the price. Upstairs, several bedrooms can be found, including the master suite, which appears to have similar proportions to that of a studio apartment. Median prices for the Adelaide suburb are just a touch over $1.7 million at $1,702,300. Pictured: 95 Jeffcott Street, North Adelaide. Northern penthouse at Realm, 9-19 Austin Street, Adelaide. Join the Australian Commercial real estate conversation with COMMO our free newsletter. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. The most popular property types are House (21 listings) and Apartment (5 listings). The European style surroundings include extra-tall sandstone pillared fence, large sandstone paved entertaining, paths, steps, columns & sun lounge area, the listing said. With five bedrooms, four bathrooms, and a garage for six of the suavest sports cars, it transcends its smug surroundings. Perth. Terry is founder and managing director of hotspotting.com.au, which he created in 2006 to help investors find the best places to buy. Even a quick peruse of the classifieds also showcases which way prices are headed in South Australia's capital up. @paulajothompson. Now you can live your dream, and purchase your very own luxury holiday home, for a fraction of the cost. The median house price is $2,019,600, with weekly asking prices around $1.3 million, again the weekly asking price includes data from other suburbs under the postcode 5069. Pictured: 23 Coreega Avenue, Springfield. The ratings are as follows: Affordable: 3.0 and under. Opt Out of personalisation. Houses in Adelaide. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Sponsored or Promoted products are clearly disclosed as such on website pages. 95-jeffcott-street-north-adelaide-5d371fcf-8014-4788-ad3a-6287a9cae54b.jpg, 145-hill-street-north-adelaide-48b5a706-12fa-4d03-a27f-c93555d104c9.jpg, 12-mills-terrace-north-adelaide-a3931596-82be-4602-abbf-a7f1a8ad0889.jpg, View Grant Giordano's profile on Luxury List, View Graham Bowie's profile on Luxury List, Graham Bowie Sotheby's International Realty South Australia, Grant Giordano South Australia Sothebys International Realty, Jacqui Ilicic South Australia Sothebys International Realty, Property markets perfect storm - Ray White, Brand new Hawthorn East apartments for sale with skyline views - RT Edgar, How fear of failure is causing you to fail, Interconnected Agent Network Overcame State Border Closures, How I made $850,000 before getting out of bed, how you can too. 4 bed, 3 bath, 2 car. 231 Esplanade, Aldinga Beach sold for $2.05 million. [Select part of the chart to zoom in on various years, and reset zoom button to return]. Grant Giordano of South Australia Sotheby's International Realty told WILLIAMS MEDIA the Adelaide property market is a great investment option. AN ADELAIDE CBD mansion has hit the market and is tipped to set a new record as the most expensive house sold in South Australia eclipsing the $6.5 million sale of Glenelg's historic . 1. Serenity Homes. The West Torrens LGA thrives on its location next to the Adelaide CBD (to the east) and Adelaide Airport (to the west). So, when you see the $12 million asking price (which includes the furniture) for 488-500 Yatala Vale Road in the north-east suburb of Yatala Vale, you know it . Springfield is inner southern suburbs close to private schools, Scotch College and Mercedes. The suburb is home to a selection of stylish and upmarket shops, popular cafes, and is one of Adelaides most desirable suburbs. For more information please see How We Get Paid. Pembroke School. Hackney also borders Adelaide Park Lands and the Botanic Gardens, with the asking prices around $1.3 million. Among them is a classic villa in Kensington Park. Adelaide's most expensive and affordable suburbs to rent in 2022. Toop & Toop. The extension of rail links and the Southern Expressway upgrade, coupled with the Exodus to Affordable Lifestyle trend, lifted demand in Seaford, Seaford Meadows, Seaford Heights and Seaford Rise. The City of Elizabeth was officially amalgamated into the much bigger City of Playford in 1997, and Elizabeth North now . $141 million. Rates and product information should be confirmed with the relevant credit provider. The priciest house ever sold at auction in Australia, No. It also leads the nation in the alternative energy space and is a city of growing importance in the education and defence industries. Pic: supplied. In fact, Domain's data shows that the most expensive home sold in Adelaide last year was just $6.08 million. The leafy green suburb is located just outside the main Adelaide CBD and adjacent to eighth place Dulwich. Older couples and families are moving in for its relaxed way . 14 South Esplanade, Glenelg $6.5 million. . Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. What are the most expensive house sales in Adelaide? 20 Fitzroy Tce, Fitzroy sold for $5.55 million. These 10 locations have attractive affordability, vacancies close to zero and compelling growth dynamics in common. 4.1 (44) Structural . Another suburb located within the northeastern cluster of prestigious and exclusive suburbs including St Peters, Walkerville, College Park, and Hackney, is Royston Park. Elizabeth Vale offers all of that (vacancies 0.2%), as well as the Lyell McEwin Hospital, a shopping centre and extensive green spaces. 30-34 Hall Street, Semaphore sold for $2.625 million. This is the obvious choice, as it is the most preferred location for tourists and travellers. While beachside homes have been always been in demand, the majority of properties topping this years list of premium prices are in inner city suburbs. Most Expensive Schools in Adelaide. The property is set on a 4,346 sqm block with a pool and tennis court. Luxury Portfolio International Belle Property Australia. 29-31 St Georges Road, Toorak, VIC - $88M. 34 South Esplanade, Glenelg South $5,100,000, 3. But, what about the luxury market? College Park easily accesses the Adelaide CBD via the A11 Payneham Road, but sits just outside of the Adelaide tram network, with the eastern terminus a tad further down the road at the Botanic Gardens. 23 Wootoona Tce, St Georges $6,080,000, 23 Wootoona Terrace, St Georges. Sponsorship or Promotion fees may be higher than referral fees. 253 Short Rd, Penfield Gardens - $2.325 million. 6 Farrell St, Glenelg South $3,720,000, 6 Farrell Street, Glenelg South. Well, prices have skyrocketed too. According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. . 382 The Parade, Kensington Park $4,500,000, 4. Even with the recent cooling off of Australia's property values, Sydney's eastern suburbs dominated the countdown of the most expensive properties yet again. 18 Bellerophon St, Yatala Vale $1.56 million, 16 Northgate St, Unley Park $5.2 million, 9 Edwin Tce, Gilberton sold for $7 million. Adelaides most expensive house in 2019 was situated at 81 Seaview Road in Tennyson, ranked twelfth on the list below. Buyer demand has more than doubled in the past 18 months in Salisbury East, which provides a case study in the affordability and lifestyle offered by the City of Salisbury. Where indicated, third parties have written and supplied the content and we are not responsible for it. 437917. 444 Hawthorn Road, Echunga sold for $2.7 million. Consider whether this advice is right for you, having regard to your own objectives, financial situation and needs. This northern Adelaide precinct offers rail and motorway connectivity, shopping, schools and a golf course. $130 million. Australia. 23 Wootoona Tce, St Georges. Claridge Construction has a reputation as a highly regarded luxury home builder in Adelaide. Not only does this property support a lifestyle often sought but seldom found; the grand scale of construction makes such an offering irreplaceable in a market where building costs have skyrocketed., Grant Giordano, Giordano & Partners Principal, In essence, the replication for such grandeur, luxury and modernity is no longer attainable financially not to mention the two and half year build time.. According to Domain data, the property was listed for 139 days before its latest sale. Local agent Graham Bowie of Sotheby's Realty South Australia says open homes in these areas attract huge numbers. Six kilometres south of the Adelaide CBD, Kingswood has a median house price of $1,766,300, and an asking price around the $1.1 million to $1.3 million mark. While some council records were set more than 10 years ago, the majority of top sales were made over the past two years. Adelaides run of big sales continues, with the sale of a half-finished Leabrook mansion, which has eclipsed the previous state-record holder by $1 million. 23 Wotuna Terrace, St. George - $6,080,000. Xanadu 2.0. Move over Ivanhoe, SA has a new residential property transaction record and the amount paid in fees alone is more than our states median house price. 382 The Parade, Kensington Park. Stamp duty based on non-first home buyer, owner occupier purchase of an established dwelling. Kensington Gardens is east of Kensington Park, and just west of the Penfolds Magill Estate Cellar Door, a popular tourist destination for both wine and fine dining. Claridge Construction. Greater Sydney dominated the "most expensive" category, with three of the most expensive house markets located in the area. An Artists Gallery-Like Villa in Ibiza, Spain, Designing a Kids Room With Practicality and Style, Palm Beach Is Still HotJust Take This Property Asking Three Times Its April 2021 Sale Price, Los Angeles Mansion Tied to One of the Citys Wealthiest Families Lists for $64 Million, Lil Wayne Sells Contemporary Miami Beach Home for $22.583 Million, An English Manor Lists for Only the Second Time in Two Centuries. Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. The most expensive house sold in Adelaide in 2021. Homebuyers are paying in CASH: Retirees and owners who made a profit selling property in more expensive parts of US are snapping up homes in the Southeast - including Augusta where 72% of deals . Unley Park sits north of Cross Road (A3) and is between Unley Park and Millswood train stations. It also comes as no surprise that major players are also setting their gaze on Adelaide, Canstars Rising Stars Report, powered by Hotspotting, put Adelaide at the top of its best city and region to buy in for 2023, beating 14 other jurisdictions including the state capitals, and regional areas. What is The Most Expensive House in Adelaide? Past performance should not be relied upon as an indicator of future performance; unit prices and the value of your investment may fall or rise. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. ( REA: ASX ) REA Group Ltd review found that Adelaides finest homes saw numbers rise southern! Situated at 81 Seaview Road in Tennyson, ranked twelfth on the east Fitzroy... 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Expensive home in Adelaide was officially amalgamated into the much bigger city Playford. Estimated $ 72 million, while Highgrove is now worth approximately $ 39 million for $ 2,405,000 with pool. Such on website pages cities in Australia with Australia 's most important property news through our emails... Economists said the surge in immigration is contributing to the city of growing importance the... Twelfth on the east by Toorak Gardens is the third most expensive building in Australia, No told MEDIA! 30-34 Hall Street, Glenelg South $ 5,100,000, 3 Wolseley Road, Vaucluse, NSW - $ 63M conversions. According to median house price reflected a sharp rise in Sydney house prices by 1.4 % the... And, if anything, lockdowns or the thought of isolating at home has made South Australians buy estates... A city of Elizabeth was officially amalgamated into the much bigger city of Elizabeth was officially amalgamated into much. By him and his wife Stephanie Williams are among the top-sellers for the year Ahead in luxury real agents!