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Sold on 16 Dec 2024 for $296,000

1003/23 King William Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 58m2
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Property Details for 1003/23 King William St, Adelaide

1003/23 King William St, Adelaide is a 3 bedroom, 1 bathroom Unit and was built in 1936. The property has a land size of 58m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
1936
Floor Size
55m2
Land Size
58m2
Local Government
Adelaide
Lot/Plan
F1003/C23717

Last Listing description (December 2021)

Set in the iconic heritage listed former CBA building and high above the hustle and bustle of King William Street this could be the set a forget option you have been looking for.

Featuring 3 bedroom and being offer fully furnished with excellent rental returns this one will pay for itself in no time.
The large common areas add another dimension including games room, media room, laundry and meeting rooms.

Location is certainly the key being within walking distance to the best Adelaide has to offer such as Rundle Mall, Adelaide Oval, New Royal Adelaide Hospital, UNISA, Central Markets and so much more.
If your needing to go a little further afield there are also buses, trains and trams on your doorstep.

While originally developed for international students there are no restrictions on the usage of these apartments and can be owner occupied and rented to whomever you choose and have no lock in management contracts (unlike similar buildings in the city)

Apartments on the top floor in this building don't come up very often so don't miss out. Call me to arrange a tour.

Property History for 1003/23 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$296,000
16 Dec 2024
Listed for Rent
$185/w
22 Jan 2018
  • 16 Dec 2024
    Sold for $296,000
  • 17 Dec 2021
    Sold for $245,000
  • 16 Jan 2020
    Listed for Sale $235,000 - $245,000
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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 18,032 properties. Over the last 5 years, Houses in Adelaide have seen a 54.85% increase in median value, while Units have seen a 28.95% increase. As at 31 December 2024:

  • The median value for Houses in Adelaide is $1,134,486 while the median value for Units is $535,077.
  • Houses have a median rent of $620 while Units have a median rent of $590.
There are currently 162 properties listed for sale, and 109 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 988 properties were sold in the past 12 months in Adelaide.

What's around 1003/23 King William St, Adelaide

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Population 15,129

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