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Sold on 02 Oct 2024 - Price Unavailable

1/171 Prospect Road
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/171 Prospect Rd, Prospect

1/171 Prospect Rd, Prospect is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Prospect in the last 12 months.

Building Type
Apartment
Local Government
Prospect
Lot/Plan
F1/C41078

Last Listing description (October 2024)

PRICE GUIDE: $500K

The universe is talking to you! A ground floor, including courtyard, in prestigious Prospect…close to everything…up for sale…at an amount you can afford!? START THE CAR!!

This light-filled two-bedroom, one bathroom apartment is only a few years old (built 2016) and is situated on the ground floor of this secure apartment complex. No more waiting for lifts, or walking up the stairs! Located only 4 km from the CBD on Prospect Road which is thriving with an abundance of cafes, restaurants, retail shops and cinema complex . This apartment would suit downsizers, professional single or couple.

What we love about this property:
- A well appointed kitchen with stainless steel appliances including dishwasher.
- Secure building access with intercom for entry approval.
- Undercroft car park with remote controlled electric gate for secure access.
- A large storage box situated above the car park.
- Split system air conditioners to the living room and bedroom one
- Study nook
- Large courtyard for alfresco entertaining.
- 10m to bus stop 14
- Currently rented @ $450 p/week

Close to:
* 30m walk to the closest eatery
* 450m walk to The Barker Gardens
* 600m walk to Prospect Coles & Shopping Complex
* 2min drive to Prospect Palace Nova
* 5min drive to O'Connell St, Nth Adelaide
* 9min drive to Adelaide Oval

Since first rented as an investment property, 2 years ago, this property has experienced a total of 5 days vacancy! Buying this property for investment? Speak to our Property Management team who've won No.1 PM Agency in SA, 3 of the last 5 years!

Hurry! This one won't last long!

*Sourced Google Maps
** UNLESS SOLD PRIOR

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Property History for 1/171 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
02 Oct 2024
Listed for Rent
$470/w
17 May 2023
  • 18 Oct 2024
    Sold for $520,000
  • 13 Sep 2024
    Listed for Sale Best Offer By: 8th October (*USP)
  • 04 May 2023
    Listed for Rent $470 / week
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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 6,903 properties. Over the last 5 years, Houses in Prospect have seen a 99.27% increase in median value, while Units have seen a 64.37% increase. As at 31 October 2024:

  • The median value for Houses in Prospect is $1,345,666 while the median value for Units is $560,249.
  • Houses have a median rent of $620 while Units have a median rent of $520.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Prospect.

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Karl Niehus
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1840 Real Estate
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