North Adelaide at a glance
7,519
People
$1,250,000
Median sale
$585/wk
Median rent
2.43%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › North Adelaide › Sussex St
For sale
For sale
1
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
North Adelaide at a glance
7,519
People
$1,250,000
Median sale
$585/wk
Median rent
2.43%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $585/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
North Adelaide at a glance
7,519
People
$1,250,000
Median sale
$585/wk
Median rent
2.43%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Fox Real EstatePositioned in a peaceful pocket just off Melbourne Street, this stylish studio apartment presents a rare opportunity to secure an easy-care property in one of Adelaide's most sought-after city-fringe locations.
Recently renovated with warm natural tones, quality finishes and thoughtful design, the apartment combines comfort and functionality in a cleverly designed space. The inviting interior features a queen bed styled as a daybed, creating a versatile living environment that feels open and welcoming throughout the day.
The compact yet well-appointed kitchenette includes everything required for simple meals, complemented by a dedicated coffee station. A separate bathroom features a modern walk-in shower, clean contemporary finishes and the added convenience of an integrated washing machine and dryer.
Every element has been carefully considered to make the most of the space, creating a property that is both beautiful and practical - ideal for professionals, first-home buyers, investors or country-based buyers looking for a convenient city base.
Features you'll love
- Recently renovated throughout
- Stylish studio apartment with clever use of space
- Warm, contemporary interiors and quality finishes
- Queen bed/daybed configuration
- Functional kitchenette with dedicated coffee station
- Separate bathroom with walk-in shower
- Washing machine and dryer
- Quiet, private position just off Melbourne Street
- Walking distance to cafés, restaurants, parklands and Adelaide Oval
- Easy access to the Adelaide CBD
- Currently operating as an Airbnb
Recently enjoying solid bookings, highlighting the strong potential for continued Airbnb use and making this an excellent opportunity for investors seeking an established short-stay proposition.
The property will be sold fully furnished and equipped, including all furnishings, cutlery, glassware and more, providing a simple and seamless transition for the next owner looking to continue its Airbnb investment potential.
Long-term rental return information available upon request
With North Adelaide's cafés, restaurants, parklands and Adelaide Oval all close by, this is a property that offers an enviable combination of lifestyle and location.
Whether you're seeking a low-maintenance home, a convenient city base or an investment opportunity with flexibility, this unique property deserves your inspection.
Invest in lifestyle. Invest in location. Invest in your future.
Council | City of Adelaide
Strata | $148.08 pq
Council Rates | $1,629.55 pa
SA Water | $191.85 pq
ESL | $90.80 pa
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Listing description written by Rachael Pavli, Fox Real Estate — reproduced as published, not verified by Districts.
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