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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)
43
Average price
$725,744
Lowest price
$225,000
Highest price
$1,600,000
Other properties in this postcode

428/304 Waymouth Street, Adelaide SA 5000

$225,000 - $245,000

Apartment 1 Bed 1 Bath 30 mΒ²
Listed: 4 days ago
Overview

Situated in Adelaide's vibrant West End, this furnished studio apartment presents a smart and affordable solution for those seeking low-maintenance city living. Its south-facing position ensures a serene outlook over Waymouth Street, complemented by stunning sunsets framing the parklands, city skyline, and Adelaide Hills, offering an inspiring urban panorama.

The apartment is ideal for a diverse range of occupants including owner-occupiers, students, professionals, or parents seeking convenient and accessible CBD accommodation. Its proximity to major institutions such as the University of South Australia, Adelaide University, TAFE, and the Adelaide Health and Medical Sciences precinct enhances its appeal for those engaged in education or health sectors.

Beyond education, the location provides easy walking access to key city attractions like the Riverbank Precinct, Adelaide Oval, Convention Centre, and entertainment venues including Festival Theatre and Adelaide Casino. Dining and shopping options abound along Gouger Street, Adelaide Central Market, and Rundle Mall. Excellent public transport links, including buses, trams, and trains, further promote a car-independent lifestyle.

The interior space is thoughtfully designed for comfort and efficiency, featuring an open-plan living and dining area with imposing high ceilings that enhance the sense of space. The kitchenette is well-appointed with essential appliances such as a cooktop, microwave, and fridge, supporting everyday convenience. A built-in study desk and shelving cater to professional or study needs, while the private balcony extends living space outdoors, perfect for relaxation or appreciating city views. Reverse-cycle air conditioning ensures year-round comfort, contributing to an adaptable living environment.

  • Access to comprehensive building facilities including 24-hour smart card security and lift access ensures safety and convenience.
  • Communal amenities such as lounges, games areas, kitchens, laundries, study lounges, library, gymnasium, and an outdoor BBQ area foster a strong community atmosphere and support varied lifestyles.
  • For investors, the opportunity to lease the apartment through UniLodge offers a hassle-free, professionally managed rental option maximizing flexibility and return potential.

This apartment represents a compelling blend of location, lifestyle, and versatility. It is well-suited for individuals seeking an affordable city base, those requiring convenient studious accommodation, or investors targeting a dependable CBD asset. Overall, it offers a practical, comfortable urban living experience in the heart of Adelaide.

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.