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Location

Market Insights for Adelaide SA 5000

New Listings (last 30 days)

Average price

$725,744

Lowest price

$225,000

Highest price

$1,600,000

906/23 King William Street, Adelaide SA 5000

$315,000 - $335,000

Search Band Search Visibility Band

$315k - $331k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 1 Bath

Listed: 11 days ago

Overview

Positioned on the eighth floor of a charming heritage building, this well-appointed two-bedroom apartment provides an exceptional opportunity to immerse in Adelaide's vibrant CBD lifestyle. It blends character and contemporary conveniences, offering elevated views and an enviable location that puts key city attractions within easy reach.

This apartment is thoughtfully designed for effortless living, featuring comfortable spaces that suit both investors and urban dwellers seeking a stylish city base. Its proximity to renowned shopping precincts, cafes, restaurants, and entertainment venues such as Rundle Mall ensures a dynamic yet convenient lifestyle.

Students and professionals benefit from close access to educational institutions like UNISA, as well as iconic venues including Adelaide Oval and the central market. Efficient public transport options nearby enhance connectivity, allowing residents to embrace a car-free lifestyle if desired.

Investors will appreciate that the apartment is fully furnished and currently leased at $500 per week until January 2027, ensuring immediate rental income. Whether as a long-term investment, a first home, or a city retreat, this property promises a balanced mix of lifestyle appeal and financial opportunity.

Local Market Insights

In Adelaide, Quiet Listings observed 43 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 $725,744. The property type mix of listed properties is predominantly Apartments at 80%, followed by townhouses (7%), and commercial properties (7%). The most active agency for apartments in the Adelaide area is currently Ray White, representing 30% of new listings, followed by S’avance Real Estate with 14%. 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.