FOR SALE
UNDER CONTRACT

49 Albert Street
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 696m2
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A rare offering this this popular inner urban locale.

Best offers | Friday 1st November at 1pm<br><br>An excellent chance to secure a circa 1920's character bungalow home on popular leafy street, only moments to the hub of Prospect village hub. <br><br>Surrounded by well-maintained gardens, the home features 2 bedrooms, living room with split system air conditioner, kitchen / meals, bathroom and laundry.<br><br>The long driveway provides plenty of off street parking and leads to garage at the rear, where you will also find rain-water tank, garden shed and a chicken coop!<br><br>Positioned on a generous allotment of 696sqm (approx.) there is ample space providing options to renovate, rejuvenate and create your own masterpiece in the future if required.<br><br>Please note, the property is currently tenanted on a fixed term lease until March 2025.<br><br>** ATTENTION BUYERS This is an exciting and unique opportunity to potentially purchase one of two properties positioned side by side. We are offering 49 Albert Street, Prospect and 51 Albert Street, Prospect to the market as individual properties, or with the potential to purchase both. <br> <br>Council Rates | $TBC<br>SA Water | $TBC<br>ESL | $TBC<br>Year Built | 1920<br><br>Are you thinking of purchasing this property as an investment? Speak with our Property Management team about how we can assist you!<br><br>All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Property Details for 49 Albert St, Prospect

49 Albert St, Prospect is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 696m2. The place is currently for sale with Fox Real Estate.

Building Type
House
Land Size
696m2

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About Prospect 5082

The size of Prospect is approximately 5 square kilometres. It has 18 parks covering nearly 3.1% of total area. The population of Prospect in 2011 was 13,008 people. By 2016 the population was 13,288 showing a population growth of 2.2% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 65.4% of the homes in Prospect were owner-occupied compared with 65.1% in 2016.

Prospect has 6,954 properties. Over the last 5 years, Houses in Prospect have seen a 83.98% increase in median value, while Units have seen a 64.81% increase. As at 30 November 2024:

  • The median value for Houses in Prospect is $1,326,433 while the median value for Units is $579,687.
  • Houses have a median rent of $623 while Units have a median rent of $530.
There are currently 33 properties listed for sale, and 18 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Prospect.

Suburb Insights for Prospect 5082

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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.