126 Wright StreetAdelaide SA 5000
Property Details for 126 Wright St, Adelaide
Last Listing description (January 2023)
To enquire, please email or call 1300 815 051 and enter code 4945
This development site of approximately 265sqm* is located in arguably the most sought-after precinct in the city at the moment.
So close to the Adelaide Central Markets, Chinatown and a hive of development activity, the site will no doubt yield a substantial residential or mixed-use development.
Currently the property is disposed of as a car parking managed by Wilson and very easy to maintain.
The site is zoned Capital City which allows for developments of up to 43 metres (Subject to Consent). The land has an expired Planning Approval for an 18 Storeys Mixed Use Apartment which comprises one commercial shop, 34 residential apartments, car parks, and a facility.
To discuss this property further please contact us.
To enquire, please email or call 1300 815 051 and enter code 4945
Property History for 126 Wright St, Adelaide, SA 5000
- 09 Feb 2024Sold for $1,980,000
- 18 Jan 2023Listed for Sale Contact for Price
- 02 Apr 2019Sold for $1,177,000
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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 17,716 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:
- The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
- Houses have a median rent of $610 while Units have a median rent of $580.
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