FOR SALE
$555,000 - $560,000

802/160 Grote Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Amazing Luxury 2 bedroom apartment in a convenient area

Rare opportunity to find this unique investment opportunity boasting the ultimate in amenities in the heart of Adelaide CBD. Perfectly positioned close to public transport links, cafés, restaurants, Adelaide Central Market, the Art Gallery of South Australia, the University of South Australia, the University of Adelaide, as well as school zoning for Adelaide High School.
Low maintenance with the city at your doorstep providing a great opportunity for those seeking a secure and private property without compromising on comfort and location.
Features include:
- Two good size bedrooms
- Master bedroom with private balcony
- Spacious open plan lounge/meals area
- Modern kitchen with gas cooking
- Glass sliding door to spacious balcony
- Large balcony with stunning city views
- Ducted reverse cycle air conditioning
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Property Details for 802/160 Grote St, Adelaide

802/160 Grote St, Adelaide is a 2 bedroom, 2 bathroom Apartment. The place is currently for sale with Harcourts Prohomes.

Building Type
Apartment

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 18,024 properties. Over the last 5 years, Houses in Adelaide have seen a 56.83% increase in median value, while Units have seen a 30.63% increase. As at 30 November 2024:

  • The median value for Houses in Adelaide is $1,134,010 while the median value for Units is $534,563.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 170 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1017 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Oliver Feng
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Oscar Sheng
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Harcourts Prohomes
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.