Thebarton is a highly sought after and strategic location, inviting an array of industrial/commercial businesses, whilst also presenting an outstanding opportunity for residential developers.
Located on the corner of Bennett Street and Brown Street, the site is positioned on an 870sqm corner allotment, a stones throw from the prosperous commercial precinct of West Thebarton Road.
The site is also in close proximity to a number of public transport routes, the Royal Adelaide Hospital, River Torrens and the Adelaide Entertainment Centre, as well as being minutes from the CBD.
The size of Thebarton is approximately 1.2 square kilometres. It has 6 parks covering nearly 1.9% of total area. The population of Thebarton in 2011 was 1,322 people. By 2016 the population was 1,427 showing a population growth of 7.9% in the area during that time. The predominant age group in Thebarton is 20-29 years. Households in Thebarton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thebarton work in a professional occupation. In 2011, 50.4% of the homes in Thebarton were owner-occupied compared with 48.9% in 2016.
Thebarton has 1,096 properties. Over the last 5 years, Houses in Thebarton have seen a 67.77% increase in median value, while Units have seen a 60.96% increase. As at 31 October 2024:
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