SOLD
Sold on 25 Jan 2024 for $115,000

203/160 Rundle Mall
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
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Property Details for 203/160 Rundle Mall, Adelaide

203/160 Rundle Mall, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 1968. The property has a floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
1968
Floor Size
30m2
Local Government
Adelaide
Lot/Plan
F203/C21063

Last Listing description (April 2018)

Offering a one bedroom, fully furnished 2nd level apartment facing east with superb hills views and city high rise buildings. Comprising separate living area, kitchen/meals and bathroom plus split system air-conditioning. Securely leased, on-site managers, common TV, kitchen and laundry on each level plus outdoor rooftop entertaining area.
Within walking distance to all city Universities, local cafes and restaurants, Rundle Mall shopping precinct and public transport.
Currently leased at $300 per week. A hassle free investment with secure lease to International Student Market with full on-site management.

Fully furnished with a full furniture package. Well located close to University of Adelaide with a 10 year track record. Further taxation benefits apply (Depreciation Schedule).
Contact Paul Carey for an Information Memorandum including financials, as well as to inspect, on 0411 500 652.
*Please note the apartment images displayed are a sample only and not of the advertised property.
Disclaimer:
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 History for 203/160 Rundle Mall, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$115,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $115,000
  • 13 Mar 2018
    Sold for $127,000
  • 18 Jan 2018
    Listed for Sale $127,000
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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 17,939 properties. Over the last 5 years, Houses in Adelaide have seen a 53.84% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:

  • The median value for Houses in Adelaide is $1,107,070 while the median value for Units is $491,735.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 169 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1050 properties were sold in the past 12 months in Adelaide.

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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.