SOLD
Sold on 31 Jan 2024 for $845,000

1/117 Prospect Road
Prospect SA 5082

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 163m2
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Property Details for 1/117 Prospect Rd, Prospect

1/117 Prospect Rd, Prospect is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 163m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Prospect in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
120m2
Land Size
163m2
Local Government
Prospect
Lot/Plan
F1/C42225

Last Listing description (February 2024)

** During open inspection times, please meet us at the Barker Gardens entrance.

Presenting a sophisticated and light filled ground floor apartment that's uniquely positioned in this prime setting, enviably located in the heart of Prospect and surrounded by the abundant amenities of this cosmopolitan village hub. Offering modern living that's as easy as it can be, drive directly into your own double garage and discover a spacious split-level interior that's perfectly tucked away in private seclusion.

Boasting views across Barker Gardens, open plan living and dining with dual sliding doors to an all-weather alfresco creates the perfect blend of indoor to outdoor living and entertaining, Adjacent is the sleek and fully equipped kitchen with ample built in cabinetry. Three generous bedrooms ? the master secluded with its own walk-through robe to fully tiled ensuite bathroom. The two further bedrooms both have floor to ceiling mirror robes, and are serviced by the central family bathroom.

Filled with stylish amenity and supreme convenience, here is an outstanding opportunity to enjoy low-maintenance modern living that's only 3 years young. Such a prime location with every convenience at your doorstep, you will be spoilt for choice, caf?'s, restaurants, retail shops and supermarkets, all only a stroll away.

Council Rates | $1,512.72 per year
SA Water | $172.44 per quarter
ESL | $137.85 per year
Community Strata |$1,298.58 per quarter
Sinking Fund | $337.42 per quarter
Year Built | 2020

Are you thinking of purchasing this property as an investment? Speak with our Property Management team about 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 1/117 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$845,000
31 Jan 2024
Listed for Rent
$997/w
07 Jun 2023
  • 31 Jan 2024
    Sold for $845,000
  • 23 Nov 2023
    Listed for Sale UNDER CONTRACT
  • 11 May 2023
    Listed for Rent $52,000 / year
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About Prospect 5082

The size of Prospect is approximately 5 square kilometres. It has 18 parks covering nearly 3.1% of total area. The population of Prospect in 2011 was 13,008 people. By 2016 the population was 13,288 showing a population growth of 2.2% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 65.4% of the homes in Prospect were owner-occupied compared with 65.1% in 2016.

Prospect has 6,891 properties. Over the last 5 years, Houses in Prospect have seen a 95.42% increase in median value, while Units have seen a 52.53% increase. As at 30 September 2024:

  • The median value for Houses in Prospect is $1,315,867 while the median value for Units is $520,618.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Prospect.

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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.