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Sold on 13 Jan 2025 for $375,000

601/22 Ifould Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 44m2
Sold By
Turner Real Estate Adelaide
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Property Details for 601/22 Ifould St, Adelaide

601/22 Ifould St, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 44m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2010
Land Size
44m2
Local Government
Adelaide
Lot/Plan
F601/C26506

Last Listing description (January 2025)

Sold by Edgar Team 0433 233 466

This property presents a delightful opportunity for ambitious investors to capitalise on the existing weekly rent of $390pw and aspiring first-time homeowners aiming to seize a slice of the vibrant city life at a rare affordable price-point.

Boasting a balcony with breathtaking views of the foothills, the apartment encapsulates an essence of serene, low-maintenance city living. Imagine waking up each morning to the sight of undulating hills, painting the perfect backdrop for your lock-and-leave lifestyle. This property offers an open-plan living area, tastefully accentuated with stunning flooring that adds an air of polished sophistication.

? One-bedroom apartment in a neat and tidy condition
? Ideal for investors and first-time homeowners
? Balcony with captivating foothills views
? Low-maintenance, lock-and-leave city living
? Open-plan living space
? Polished timber flooring
? Kitchen equipped with dishwasher and stainless appliances
? Secure entry to the property

The apartment's unbeatable location offers easy access to a host of amenities. It's just a hop, skip, and a jump away from Rundle Mall, and Hutt Street, giving residents a plethora of retail and dining options. In the attractive east-end of the Central Business District offering cafes, restaurant or lifestyle amenities, the property enjoys excellent connectivity with public transport, making daily commute an absolute breeze.

So, why wait? Step into this prime property; add it to your portfolio or make it your own savoured slice of Adelaide's exciting city life.

CT / Vol.6071 / Fol.579
Year built / 2010
Council / City of Adelaide
Council Rates / $1,383.10pa
Admin Levy / Sinking Fund $445pq
Water & Sewer / $165.55pq
ESL / $146.05pa
Title / Community
Zoning / Capital City

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639

Property History for 601/22 Ifould St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$375,000
13 Jan 2025
Listed for Rent
$380/w
20 Oct 2022
  • 13 Jan 2025
    Sold for $375,000
  • 07 Nov 2024
    Listed for Sale Sold by Edgar Team
  • 20 Dec 2023
    Listed for Rent $390 / 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 18,034 properties. Over the last 5 years, Houses in Adelaide have seen a 54.85% increase in median value, while Units have seen a 28.95% increase. As at 31 December 2024:

  • The median value for Houses in Adelaide is $1,134,486 while the median value for Units is $535,077.
  • Houses have a median rent of $620 while Units have a median rent of $590.
There are currently 159 properties listed for sale, and 111 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1005 properties were sold in the past 12 months in Adelaide.

What's around 601/22 Ifould St, Adelaide

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Suburb Insights for Adelaide 5000

Market Insights
Adelaide Trends for Houses
Median Value

$1.13M

8.89%
View Trend
Median Growth

7.30%

View Trend
Median Rent

$620/W

6.90%
View Trend
Rental Yield

3.36%

2.61%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (02/24 - 12/24)
Adelaide Trends for Units
Median Value

$535k

14.19%
View Trend
Median Growth

14.84%

View Trend
Median Rent

$590/W

7.27%
View Trend
Rental Yield

6.08%

1.78%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (02/24 - 12/24)
Neighbourhood Insights
Age

Population 15,129

0-9

 

4%

10-19

 

8%

20-29

 

40%

30-39

 

17%

40-49

 

9%

50-59

 

9%

60-69

 

8%

70-79

 

4%

80-89

 

2%

Household Structure
Occupancy