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.
5
Bedrooms
2
Bathrooms
4
Car spaces
942 m²
Land
416.71 m²
Building
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
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 Harris Real Estate Kent TownA Residence of Exceptional Calibre | An Address Defined by Distinction
22 Azalea Street is a home that unfolds with grace and intention. Where light, proportion and quiet luxury reveal themselves from the moment you arrive. Behind its striking façade lies a residence of depth and atmosphere, where layered living spaces, beautiful natural light and a seamless dialogue between indoors and out come together.
This exceptional home enjoys a position on a picturesque, tree-lined street in one of Prospect's most coveted enclaves.
From the outset, there's an undeniable sense you've stepped into something truly special. Set on an expansive 942sqm, the original sandstone villa has been beautifully preserved, celebrating its heritage with exquisite cornices, pressed metal ceilings and wide, light-filled hallways. While a considered addition introduces a new level of sophistication, space and liveability.
Where the home truly comes to life, a breathtaking open-plan living and dining domain unfolds, bathed in northern light. Expanses of glass draw the eye outward to a sublime alfresco setting, where indoor and outdoor living become one. A striking fireplace anchors the space, while the built-in Artusi BBQ and generous entertaining zone set the scene for long lunches and relaxed evenings. Beyond, the tranquil outlook over the swimming pool creates a setting that feels both resort-like and deeply private - an invitation to slow down and enjoy.
The kitchen is impeccable - a statement in both design and function, showcasing timeless cabinetry, premium materials and a beautifully considered palette that will endure for years to come. Crafted for both the passionate home cook and the avid entertainer, it is complemented by a generous butler's pantry, allowing for seamless preparation and a polished hosting experience.
Accommodation is equally impressive. The master suite offers a private sanctuary, complete with a beautifully finished ensuite and a cleverly designed walk-in dressing room. Four additional bedrooms provide flexibility for family living or guests, many featuring built-in wardrobes, while a refined formal lounge offers a quiet retreat.
Every detail has been thoughtfully considered, from the soft tones of the light timber flooring underfoot to the beautifully appointed laundry and practical utility courtyard, ideal for kitchen garden living and daily ease.
Outdoors, the concrete-tiled mineral swimming pool invites year-round enjoyment, with gas heating adding an extra layer of comfort when desired. At the rear, garaging with an additional bathroom presents exceptional versatility - from secure storage for prized vehicles to the potential for a pool house or studio.
And the location only enhances its appeal. Positioned on one of Prospect's most picturesque, tree-lined streets and surrounded by some of its finest character homes, you're just a short stroll from a vibrant cosmopolitan avenue of cafés, restaurants and lifestyle offerings - a destination that continues to evolve and impress.
This is a home of rare calibre - immaculate, considered and effortlessly liveable. A residence designed as much for feeling as it is for function. A truly outstanding offering.
Contact Myra Brunning on 0426 121 522 for further information or your own private viewing.
FEATURES TO LOVE :
- Stunning alfresco entertaining space, including a fireplace and Artusi built-in BBQ
- Heritage features, including pressed metal ceilings, ornate cornices, and wide hallway
- Generous room proportions throughout
- Designer kitchen with precision detailing renovated in 2021
- A concealed wine bar/storage space, thoughtfully designed with the flexibility to function as a tea/coffee station
- Well-appointed butler's pantry
- Luxury finishes to bathrooms renovated in 2025
- Reverse-cycle heating and cooling
- Garaging with additional off-street parking for up to six vehicles
- Driveway access to the rear of the property
- Concrete-tiled mineral swimming pool with gas heating
- Beautifully landscaped, picturesque gardens
- Laundry with direct access to the utility courtyard
- Automatic irrigation system
- 3-phase power – entire house rewired 2020
LIFESTYLE :
- Cosmopolitan living with cinema, cafés and restaurants a short stroll away
- Access to premium fitness and wellness studios
- Walking distance to North Adelaide, Adelaide Oval and the new Adelaide Aquatic Centre
- Proximity to leading private schools; Wilderness School & St Peter's College & zoned public schools; Adelaide & Adelaide Botanic High Schools
- A strong sense of community
- Leafy, tree-lined streets in a blue-chip setting
Specifications:
CT / 5187/369
Council / Prospect
Zoning / EN
Built / 1915
Land / 942m2 (approx)
Frontage / 18.29m
Council Rates / $3910.65pa
Emergency Services Levy / $289.25pa
SA Water / $344.11pq
Estimated rental assessment $1,400 - $1,500 per week/ Written rental assessment can be provided upon request
Nearby Schools / Prospect P.S, Brompton P.S, Bowden Brompton Community School, Bowden Brompton CS Torrens Road Campus, Nailsworth P.S, Adelaide Botanic H.S, Adelaide H.S, Adelaide Secondary School of English
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Myra Brunning, Harris Real Estate Kent Town — 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.