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Sold on 06 Jan 2025 for $1,450,000

231 Gilbert Street
Adelaide SA 5000

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 317m2
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Property Details for 231 Gilbert St, Adelaide

231 Gilbert St, Adelaide is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 317m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are 124 other 3 bedroom Houses sold in Adelaide in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
116m2
Land Size
317m2
Local Government
Adelaide
Lot/Plan
A197/F182659

Last Listing description (January 2025)

Timeless Sandstone Charm Amidst Adelaide's Vibrant Cityscape!

Discover the timeless allure of this Circa 1930 character residence-an impeccably renovated Torrens Title sandstone cottage that epitomizes elegance and urban sophistication. This beautifully preserved residence seamlessly merges classic character with sleek, contemporary living, offering a spacious, flexible layout that includes up to three generous bedrooms, home office potential, and a series of secluded outdoor spaces designed for tranquil relaxation or stylish entertaining.

Nestled in the vibrant and ever-evolving southwestern corner of Adelaide, this home places you in the renowned Gilbert Street Precinct. Indulge in an eclectic mix of upscale eateries, artisan cafes, and the iconic Central Market, with the cosmopolitan allure of Gouger Street only moments away - an urban lifestyle that few locations can rival.

Perfect as a premium investment, a secure lock-and-leave city retreat, or a highly sought-after Airbnb, 231 Gilbert Street captures the essence of refined city living with every modern convenience right at your doorstep. This is more than just a home; it's a unique opportunity to embrace the sophisticated charm of Adelaide's historic west end.

MORE FEATURES INCLUDED:

- Torrens Title ownership for complete independence
- Three spacious bedrooms with generous proportions
- Tessellated tiled verandah, circular leadlight front windows & leadlight entry
- Decorative ornate high ceilings and stunning Baltic polished timber floorboards
- Distinctive ceiling ornamentation
- Light-filled living areas offering warmth and charm
- Separate kitchen and dining, designed for comfortable & easy living
- Modernized kitchen featuring quality appliances and abundant cabinetry
- Sparkling and contemporary bathroom
- Convenient laundry room with a second toilet
- Updated new AC systems
- Peaceful north-facing landscape front yard
- Charming undercover verandah at the rear, perfect for entertaining
- Low-maintenance backyard for effortless upkeep
- Handy storage shed for added convenience
- Rear access with undercover carport parking and a pedestrian gate leading to Winifred Street
- Walking distance to Central Adelaide & Chinatown
- School zone for Adelaide High School and Adelaide Botanic High School

This stunning cottage is ideally suited for city professionals, young families, retirees, or makes a fantastic investment opportunity or a low-maintenance city retreat. With its unique charm, it's also well-suited for Airbnb, appealing to travellers and generating strong short-term rental returns.

PROPERTY DETAILS:

Local LGA - Adelaide City Council
Built - 1930
Land Size - 312sqm (approx.)
Floor Plan - 213sqm (approx.)
Council - $550 p/q (approx.)
Water - $270 p/q (approx.)
ESL - $51 p/q (approx.)

Contact the Ray White Adelaide team for any further information at:

Chris Xu - 0433 616 770
chris.xu@raywhite.com

Andrew Downing - 0404 882 311
andrew.downing@raywhite.com

***PLEASE NOTE***
This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research. These lovely character homes are also very popular with Airbnb ventures.

All information provided has been obtained from sources we believe to be accurate, however we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the Ray White Adelaide City office (2/127 Hutt Street Adelaide) for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property History for 231 Gilbert St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$1,450,000
06 Jan 2025
Listed for Rent
$600/w
04 Jan 2022
  • 06 Jan 2025
    Sold for $1,450,000
  • 28 Oct 2024
    Listed for Sale SOLD AT AUCTION!
  • 06 Dec 2021
    Listed for Rent $600 / week
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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 18,037 properties. Over the last 5 years, Houses in Adelaide have seen a 50.48% increase in median value, while Units have seen a 31.68% increase. As at 31 January 2025:

  • The median value for Houses in Adelaide is $1,131,112 while the median value for Units is $539,853.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 163 properties listed for sale, and 99 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1027 properties were sold in the past 12 months in Adelaide.

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The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.