303/242 Flinders StreetAdelaide SA 5000
Property Details for 303/242 Flinders St, Adelaide
303/242 Flinders St, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 71m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (April 2024)
This property will suit owner occupiers or investors looking for a blue-chip investment in this prime position.
Set within The Arts Building with a modern finish throughout, the property consists of two bedrooms, modern bathroom, European laundry, open plan kitchen & living and a private balcony.
- 3 x split system AC units
- Fisher & Paykel Single dish drawer dishwasher
- Electric cooktop & oven
- Stone benchtops and large pantry
- 2 way bathroom with frameless shower
- Second bedroom/study
- Secure intercom entry
Strata | $704 pq approx
Sinking Fund $19 pq approx
Council Rates | $1,200 pa
Rental Assessment | $480-$520 per week
Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.
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 303/242 Flinders St, Adelaide, SA 5000
- 22 Jun 2023Sold for $340,000
- 16 Jun 2023Listed for Rent $495 / week
- 21 Sep 2022Listed for Sale UNDER CONTRACT
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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.
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