SOLD
Sold on 05 Feb 2024 for $450,000

506/112 South Terrace
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
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Property Details for 506/112 South Tce, Adelaide

506/112 South Tce, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
53m2
Local Government
Adelaide
Lot/Plan
F506/C40812

Last Listing description (April 2020)

Call today for private inspection !!
Private, secure 61 square metre 1 bedroom, 1 bathroom as new Citi Terrace Apartment North/West Facing with city views. (No car park)
Master Bedroom with mirrored built in robe & balcony access, Ducted Air-conditioning, timber floors, led down lights throughout, Induction Cooktop and appliances by Miele, Open Plan living leading onto tiled balcony, Intercom system with camera, data points, cable t.v. ready. Also offering a community garden area, barbecue, gymnasium on level 3.

Located on South Terrace between King William Street and Pulteney Street. Manicured Veal Gardens with all amenities at your fingertips.

Property History for 506/112 South Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$450,000
05 Feb 2024
Listed for Rent
15 Oct 2018
  • 05 Feb 2024
    Sold for $450,000
  • 24 Sep 2018
    Listed for Rent $405 / week
  • 03 May 2018
    Listed for Sale $399,000
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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.