With a team coached by former Contax head coach, Margaret Angove and a starting seven featuring Rebecca Sanders, Kathryn Harby-Williams, Jacqui Delaney, Sarah Sutter, Peta Squire, Cassie Mogg and Alex Hodge, Thunderbirds won their first two premierships and grand finals in 1998 and 1999.

[15][16] In 2010, after finishing second during the regular season, they defeated the minor premiers, New South Wales Swifts, in the major semi-final and Waikato Bay of Plenty Magic in the grand final.

[17][18][19][20] In 2013, Natalie von Bertouch captained Thunderbirds to their fourth premiership after they defeated Queensland Firebirds in the grand final.

Premierships  Runners Up Source:[9][10][11][12][13][14] Thunderbirds have played the majority of their home games at the Netball SA Stadium.

[7][8][39] Thunderbirds have also played home games, including the 2010 and 2013 grand finals, at the Adelaide Entertainment Centre.

Ahead of the 2011 season, Thunderbirds announced they were changing their team colours to pink.