OFF MARKET

17/81 Melbourne Street
North Adelaide SA 5006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 16m2
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Property Details for 17/81 Melbourne St, North Adelaide

17/81 Melbourne St, North Adelaide is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 16m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Townhouse
Year Built
1990
Floor Size
43m2
Land Size
16m2
Local Government
Adelaide
Lot/Plan
U17/S14216

Last Listing description (January 2024)

Real estate should serve your ever changing needs and enhance your lifestyle in several tangible ways.

This exceptionally well located apartment has the flexibility, practicality and utility in a highly desirable location offering you options for many years to come.

Whether you are investing or nesting, downsizing or securing an Adelaide base close to the city for retirement or kid's studying at Uni this apartment is perfectly positioned to cater to your requirements throughout the changing seasons of your life.

With style to make you smile and dcor you will adore this apartment melds a fresh modern sensibility with some French Provincial elements to create an ambiance of timeless elegance that looks beautiful now and will continue to for many years to come.

Importantly, this property enjoys affordable strata fees of approx. $400 per quarter and its own dedicated parking spot in a secure carpark which always prove valuable. This well maintained building is a landmark on Melbourne Street and this apartment enjoys an elevated disposition above the hustle and bustle.

Set merely moments from the icons of his highly prized location this property is a short stroll from the Adelaide Oval, Adelaide's esteemed parklands and beautiful Botanic Gardens. Melbourne Street is home to an array of eateries and the conveniences of O'Connell Street are simply seconds away making this one of Adelaide's most highly coveted suburbs.

Imagine a lifestyle of walks along the Torrens, soaking in the parklands then relaxing with those you enjoy the most over a glass of favourite at one of Adelaide's finest venues..

Excellent rates of return of close to $380 per week are enjoyed for similar properties nearby and with low strata fees this apartment makes sense whether you live in or rent out.

Real estate should serve you by offering an abundance of options and this apartment delivers flexibility, utility and practicality aplenty!

A future filled with those elements is one of abundance and an apartment with those qualities is a wonderful vehicle to such a future.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

RLA 232366

Property History for 17/81 Melbourne St, North Adelaide, SA 5006

A timeline of how this property has performed in the market
Last Sold
$306,000
23 Nov 2022
  • 23 Nov 2022
    Sold for $306,000
  • 29 Sep 2022
    Listed for Sale $299,000 - $328,000
  • 10 Apr 2015
    Sold for $240,000
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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2011 was 6,678 people. By 2016 the population was 6,969 showing a population growth of 4.4% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation. In 2011, 49.1% of the homes in North Adelaide were owner-occupied compared with 48.8% in 2016.

North Adelaide has 4,758 properties. Over the last 5 years, Houses in North Adelaide have seen a 57.30% increase in median value, while Units have seen a 31.12% increase. As at 31 August 2024:

  • The median value for Houses in North Adelaide is $1,456,364 while the median value for Units is $677,195.
  • Houses have a median rent of $700 while Units have a median rent of $540.
There are currently 17 properties listed for sale, and 29 properties listed for rent in North adelaide on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in North adelaide.

Suburb Insights for North Adelaide 5006

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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.