SOLD
Sold on 16 May 2024 for $330,000

202/23 King William Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 54m2
Sold By
Harcourts Tagni
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Property Details for 202/23 King William St, Adelaide

202/23 King William St, Adelaide is a 3 bedroom, 1 bathroom Unit and was built in 1936. The property has a land size of 54m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
1936
Floor Size
54m2
Land Size
54m2
Local Government
Adelaide
Lot/Plan
F202/C23717

Last Listing description (May 2024)

Set in the heart of the beautiful Adelaide CBD this 3-bedroom apartment could be the next jewel in your portfolio crown. Overlooking the hustle and bustle of King William Street and within easy walking distance to Rundle Mall, Adelaide Ovel, UniSA and all the best the city has to offer you may just decide to move in and make it your new stylish city pad.

Located in a secure building with swipe card access, 3 elevators, communal laundry and large common areas (did I mention the fantastic location)

All 3 bedrooms have built in robe recesses, and large opening windows allowing good natural light and air flow. The ceiling fans throughout the apartment and the addition of a wall heater and air-con unit combined with the solid stone exterior and tinted windows will provide year-round comfort for all.

With great rental returns (currently $530pw but potential for $600-$650pw) this one could pay for itself in no time. Unlike similar buildings in the CBD there are no locked in management agreements or restrictions, so you are free to live in or rent out to whomever you choose, whether self-managing or going through a real-estate company.

Inspections are by appointment only so call me today and book in your tour. Kelly 0468 640 085

Property History for 202/23 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$330,000
16 May 2024
Listed for Rent
23 Apr 2019
  • 16 May 2024
    Sold for $330,000
  • 03 Apr 2024
    Listed for Sale $289,000 - $309,000
  • 10 Apr 2019
    Listed for Rent - Price not available
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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 17,715 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.
There are currently 182 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 993 properties were sold in the past 12 months in Adelaide.

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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.