Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
2
Bedrooms
1
Bathrooms
1
Car spaces
697 m²
Land
138 m²
Building
Districts View
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $2,647/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 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 $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
UnknownArea
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ParadiseReady to refurb and rent, ripe for exciting renovations, or rebuild from the ground up and capitalise on Prospects endless growth potential; 12 King Street - a solid brick 2-bedroom beauty in sought-after Prospect - is your ticket to one of Adelaide's most exciting postcodes. With practical appeal unfolding across timber floors, a light-filled lounge, kitchen with adjoining meals and sunroom, there's easy lease and liveability here, while you plan your next big step. Whether you're an astute investor, ambitious FHB, or budding renovator, this is a chance to secure a piece of blue-chip suburbia with endless upside.
But make no mistake - it's the land that steals the show. Sprawling across an impressive 698sqm parcel, the scope here is as rare as it is rewarding. Rebuild a luxury family masterpiece, subdivide and develop (STCC), or simply land-bank for future growth in one of the city-fringes most popular locales. With incredible space, solid bones, and a location that keeps lifestyle front and centre, this Prospect diamond is ready to shine brighter than ever.
MORE TO LOVE
• Charming c.1950s property set on an enticing 698sqm (approx.) allotment inviting incredible renovation, redesign + rebuild or high-value subdivision potential (subject to council conditions)
• Light-filled lounge, solid timber floors + soaring ceilings
• Cosy combined kitchen + casual meals
• 2 generous bedrooms, both with ceiling fans, master with added AC
• Spacious tiled rear sunroom with views outside
• Contemporary bathroom ready for a refurb, separate WC + practical laundry
• Huge backyard stretching over sunny lawns, neat gardens + established leafy trees
• Sizeable garage/workshop, as well as tool shed, wood shed + aviary
• Neat mid-century frontage, gated driveway + kid/pet-friendly lawns
SCHOOL ZONING
• A leisure stroll to Prospect North Primary + zoned for the exclusive Adelaide Botanic High
Set your sights on one of Adelaide's most in-demand city-fringe locales, where lifestyle and location go hand in hand. From top-tier schooling options and the everyday ease of Sefton Plaza, to the thriving café, restaurant, and bar culture that lines Prospect Road, you'll never be short on ways to fill your weekends. Whether it's brunching with friends, boutique browsing, or catching the latest movie, this buzzing neighbourhood delivers it all - and with the city just minutes away, work-life balance for professionals and families alike has never looked better.
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 322799
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | PROSPECT
Zone | EN - Established Neighbourhood
Land | 697sqm(Approx.)
House | 138sqm(Approx.)
Built | 1954
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Anastasios Hronopoulos, Ray White Paradise — reproduced as published, not verified by Districts.
Nearby 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.