FOR SALE
$419,000 to $449,000

Level 11/1103/248 Flinders Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 62m2
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UNDER CONTRACT BY JACKSON DARE & JORDAN DARE

PRICE ADJUSTMENT - Great Value Property for Investors!
Luxury Apartment in the CBD of Adelaide.
Nestled in Adelaide's coveted East end, this contemporary one-bedroom apartment, constructed in 2019, offers urban living at its finest.
Perched on the 11th floor of the esteemed One apartment complex, enjoy exceptional views of the cityscape from your own private balcony, or take advantage of the bustling city-lifestyle and walk/cycle to dozens of cafes, restaurants, bars, shops and all that Adelaide has to offer.
Currently leased until 25th July 2025 at $525 per week, this property stands as an excellent investment opportunity to add to your property portfolio - an asset that will always appeal given its central location in the CBD of Adelaide.
Highlighted features:
- Secure lease at $525 per week until July 2025
- Sold fully furnished
- Private balcony offering sweeping views of the City
- Access to a communal rooftop terrace
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Property Details for Level 11/1103/248 Flinders St, Adelaide

Level 11/1103/248 Flinders St, Adelaide is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 62m2. The place is currently for sale with Elders Real Estate Gawler.

Building Type
Apartment
Floor Size
62m2

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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 17,729 properties. Over the last 5 years, Houses in Adelaide have seen a 55.29% increase in median value, while Units have seen a 24.26% increase. As at 30 September 2024:

  • The median value for Houses in Adelaide is $1,117,950 while the median value for Units is $513,770.
  • Houses have a median rent of $615 while Units have a median rent of $570.
There are currently 175 properties listed for sale, and 83 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1057 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Jackson Dare
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Jordan Dare
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Elders Real Estate Gawler
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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.