55D Devonport Terrace

Prospect SA 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 6,902 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.