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Sold on 21 Dec 2024 for $730,000

34 Palmer Street
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 334m2
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Toop & Toop Norwood
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Property Details for 34 Palmer St, Prospect

34 Palmer St, Prospect is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 334m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Prospect in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
98m2
Land Size
334m2
Local Government
Prospect
Lot/Plan
A40/D34886

Last Listing description (December 2024)

Auction Location: On Site

This wonderful Torrens Title (not strata) home offers an incredible opportunity for investors, first-home buyers and down-sizers alike. With 334sqm on title, some 93sqm of internal living area, double lock-up garage, under-cover alfresco and low-maintenance gardens, it is perfectly private, secure and easy to manage.

The home features a level floor-plan with no steps, large Master bedroom with built-in wardrobe and direct access into the two-way bathroom/ensuite, second bedroom and separate laundry. There are updated interiors, including an open plan-kitchen/dining area adjacent to the bright living room.

Positioned on a corner block with high brick walls for privacy, it is within a few steps of nearby cafe's, Charles Cane Reserve with playground, and other local amenities like gym, hairdresser, and public transport. Zoned for Prospect Primary School, and both Adelaide High School and Adelaide Botanic High School.

Currently tenanted until 20/6/2025 with a rental income of $565 p/w.

This property will be sold at auction on Saturday 21st December 2024 at 11:00am, unless sold prior. First opportunity for inspection is Saturday 7th December 2024 at 4:30pm.

Water Rates: $189.01 p/q
Council Rates: $1,654.83 p/a

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Property History for 34 Palmer St, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$730,000
21 Dec 2024
Listed for Rent
$400/w
15 May 2020
  • 21 Dec 2024
    Sold for $730,000
  • 04 Dec 2024
    Listed for Sale Auction Guide $650,000
  • 14 May 2020
    Listed for Rent - Price not available
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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 6,955 properties. Over the last 5 years, Houses in Prospect have seen a 83.27% increase in median value, while Units have seen a 66.83% increase. As at 31 December 2024:

  • The median value for Houses in Prospect is $1,343,938 while the median value for Units is $589,895.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 32 properties listed for sale, and 16 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Prospect.

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