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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Adelaide SA 5000
New Listings (last 30 days)
36
Average price
$720,361
Lowest price
$270,000
Highest price
$1,600,000
Other properties in this postcode

52/34 Austin Street, Adelaide SA 5000

$455,000 - $475,000

Listed: 49 days ago
Updated: 20 days ago
Overview

This corner apartment offers an inviting blend of natural light and fresh airflow, amplified by its coveted three private balconies. The bright open plan living space promotes a sense of spaciousness, enhanced by the apartment’s corner position which distinguishes it with expansive views and an airy ambiance seldom found in inner-city residences.

Fully furnished and thoughtfully designed, the apartment features three bedrooms equipped with built-in robes and a centrally located bathroom, providing practical living options for residents. The modern kitchen integrates functionality with style, complementing the living area and making it a versatile space for everyday life.

One of the standout aspects of this property is its dual appeal: it is equally suitable for owner-occupiers seeking a comfortable city lifestyle or investors wanting an immediate, hassle-free income stream. Achieving a strong net return of approximately 7.8%, the apartment’s attractive rental yield is supported by the flexibility afforded through the absence of restrictive management agreements, allowing for greater autonomy in how the property is utilized.

Additional comforts such as ducted reverse cycle air conditioning and an internal laundry contribute to a convenient urban living experience. Located in the heart of Adelaide’s CBD, residents gain walking access to notable attractions including Adelaide University, Rundle Mall, the Botanic Garden, and cultural institutions like the Art Gallery of South Australia, positioning the apartment as a gateway to the best the city offers.

Proximity to efficient public transport options further enhances daily convenience, appealing to professionals and students alike who value connectivity. Whether the priority is to establish a city base, secure a profitable investment, or a combination of both, this apartment represents a logical choice with distinctive benefits in a prime location.

Local Market Insights

In Adelaide, Quiet Listings observed 36 new apartments entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $720,361. The property type mix of listed properties is predominantly Apartments at 81%, followed by houses (6%), and townhouses (6%). The most active agency for apartments in the Adelaide area is currently Ray White, representing 22% of new listings, followed by S’avance Real Estate with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.