SOLD
Sold on 27 Feb 2024 for $367,000

5/157 Prospect Road
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 78m2
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Property Details for 5/157 Prospect Rd, Prospect

5/157 Prospect Rd, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 78m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Prospect in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
71m2
Land Size
78m2
Local Government
Prospect
Lot/Plan
U5/S3350

Last Listing description (October 2022)

Ideally positioned within a stroll of Prospect's pulsing cafe and foodie scene, this two-bedroom apartment with designated carpark and a quieter existence on its upper floor fits the description for the leisure seekers and astute investors alike.

You'll love the ease of this light and airy abode with stylish timber-look floors, a neutral colour scheme and spacious open-plan living that ends with a compact-but-functional kitchen and access to a rear balcony.

The perks keep coming:

- One designated undercover carpark
- Large main living zone with space for couches and dining table
- Heating/cooling provisions
- Large main bedroom
- Built-in storage to both bedrooms
- Separate laundry
- Updated bathroom
- Ceiling fans to both bedrooms
- Electric cooktop and hot water
- Comfy carpets to bedrooms
- Just five minutes' drive from North Adelaide

Whether it's Bottega Bandito or Anchovy Bandit, Soonta or Stax, Meze Mazi, Palace Nova, Coles or Cotto, the places that make eclectic Prospect Road the gem of the city's northern fringe are all yours. It's time to leisure up.

Current tenanted until 6th of September 2022 for $270 per week.

CT / 5502/594
Year built / 1974
Equivalent Building Area / 74sqm approx.
Council / City of Prospect
Strata Title
Strata rates / $397.50 p.q.
Council Rates / $1,363.74p.a.
Water & Sewer / $146.65 p.q.
ESL / $85.35p.a.
Zoning / UC(L) - Urban Corridor (Living)
Rent appraisal / $270 per week

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

Property History for 5/157 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$367,000
27 Feb 2024
Listed for Rent
$260/w
06 Sep 2019
  • 27 Feb 2024
    Sold for $367,000
  • 07 Oct 2022
    Sold for $296,000
  • 20 Jul 2022
    Listed for Sale Under Contract
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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 6,904 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 37 properties listed for sale, and 21 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 252 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.