FOR SALE
Expressions of Interest

507 & 509 Prospect Road
Blair Athol SA 5084

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1039m2
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Incredible Opportunity - 1,039m2 on Prospect Road!

Seize the chance to secure two adjacent allotments in one of Adelaide's most sought-after suburbs! Located on bustling Prospect Road, these combined properties offer a prime opportunity for developers or investors. Combine them both for a total of approximately 1,039m2 and build up to 7 homes (STPC).
Moments from Prospect's vibrant café and dining precinct, reputable schools, and just a short drive to Adelaide CBD.
Please note that there are existing dwellings on both allotments, and both are currently tenanted on a periodic lease.
507 Prospect Road
Land Size: 556m2
Frontage: 15.9m
Lease Type: Periodic
Current Rent: $440 per week
509 Prospect Road
Land Size: 483m2
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Property Details for 507 & 509 Prospect Rd, Blair Athol

Building Type
Land
Land Size
1039m2

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About Blair Athol 5084

The size of Blair Athol is approximately 2 square kilometres. It has 5 parks covering nearly 5.6% of total area. The population of Blair Athol in 2011 was 4,372 people. By 2016 the population was 4,617 showing a population growth of 5.6% in the area during that time. The predominant age group in Blair Athol is 20-29 years. Households in Blair Athol are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Blair Athol work in a professional occupation. In 2011, 52.1% of the homes in Blair Athol were owner-occupied compared with 51.7% in 2016.

Blair Athol has 2,408 properties. Over the last 5 years, Houses in Blair Athol have seen a 85.51% increase in median value, while Units have seen a 81.31% increase. As at 30 November 2024:

  • The median value for Houses in Blair Athol is $841,124 while the median value for Units is $489,028.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Blair athol on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Blair athol.

Suburb Insights for Blair Athol 5084

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Brijesh Mishra
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Newton Do
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Ray White Para Hills
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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.