A man accused of fatally stabbing Findon teenager Christopher Hatzis in Adelaide's Light Square has been granted bail on his eighth attempt, but will be forced to wear an electronic transmitter and remain in his family's home.

David Zefi, 23, and four others are charged with the murder of the 19-year-old in August last year.

The South Australian Supreme Court previously heard Zefi stabbed Christopher Hatzis several times while others held him in place, after a fight inside a nearby nightclub.

Zefi was the only one of the co-accused not given bail over the matter.

The prosecution opposed bail, but Justice Ann Vanstone said a trial may not start until the second half of next year.

By that time, she said, Zefi would have been in custody for about two years.

His family has put up a $200,000 cash guarantee.

Zefi has to remain at his family's southern suburbs home wearing the transmitter.

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