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SA › Adelaide › North Tce

U1313, 96 North Tce, Adelaide SA 5000

For saleApartment

$480,000–$520,000

For sale

Asking range

1

Bedrooms

1

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $480,000–$520,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $480,000–$520,000(Listing record · 14 July 2026)
  • CalculationAsk is 58% below the Adelaide median recorded sale ($1,150,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Adelaide's advertised median rent ($449/wk), implied gross yield would be 4.86% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$480,000–$520,000

Asking range

No recorded sale for this property.

Adelaide at a glance

22,705

People

$1,150,000

Median sale

$449/wk

Median rent

2.03%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Adelaide report →

Vs Adelaide

-58.3%

Median sale

Suburb $1,150,000

+2.83 pp

Gross yield

Suburb 2.03%

Suburb median $1,150,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$480,000
Stamp Duty (South Australia)
$20,330
Transfer/Registration Fee
$4,868
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$508,898

$28,898 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Adelaide's advertised median rent — not a rent for this listing.

Net yield
3.36%
Annual cashflow (pre-tax)
$-8,812
Interest cover (DSCR)
0.65
Annual rent
$23,348
Operating expenses
$7,200
Loan amount
$384,000
Annual interest
$24,960
Gross yield
4.86%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$480,000–$520,000available14 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $449/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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Adelaide in one glance

Adelaide at a glance

22,705

People

$1,150,000

Median sale

$449/wk

Median rent

2.03%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Adelaide report →

Keep researching

  • Why Adelaide? Read the area thesis →
  • What else is on the market in Adelaide →
  • Other records on North Tce →

Listing material

Listed by Ray White Adelaide City

High yield, set and forget investment opportunity.

Currently managed by the Oaks Hotels and Resorts, this fully serviced investment offers a genuine 'set-and-forget' opportunity with a guaranteed rental return of $775.00 per week (approx. $40,299.96 per annum). That's an impressive 8% gross yield, making it a solid addition to any portfolio.

It gets even better! This property also meets the requirements for Stamp Duty Exemption (Subject to approval from Revenue SA). This is a potential saving of over $20,000!

If you're looking to get more adventurous, the flexibility of this apartment offers so many other options. Manage the apartment yourself on a short basis through Airbnb, Stayz & other platforms, choose from a choice of Airbnb companies who can do it all for you, or lease on a long-term tenancy agreement. Looking to move in and enjoy an exciting city lifestyle, this is easily done via 90 days written termination notice.

Read the full description

Everything the city has to offer is right at your doorstep! The exciting River Torrens Precinct and Adelaide Oval sit directly opposite, less than 500 metres to the Medical Precinct consisting of the new Royal Adelaide Hospital (RAH), South Australian Health and Medical Research Institute (SAHMRI), South Australian Health and Biomedical Precinct (SAHBP), Uni SA Health Innovation Building (HIB) and the Adelaide Health and Medical Sciences Building (AHMS).

First Class restaurants and bars are just a short walk away with gourmet shopping at nearby Central Markets and Gouger Street. Adelaide University, University SA and TAFE are all very close with secondary education zoning for Adelaide High School. Transport options easily accessible with the tram, Adelaide Train Station and major bus stops only a minute away.

Perched on the on western side of the renowned Embassy Apartments, this 13th floor apartment boasts breathtaking views over the historic Trinity Church, the daily lightshows at Biomedical Precinct, the vibrant West End, North Terrace, the River Torrens and stunning sunsets over the ocean.

Fully furnished and ready to go, this apartment comes with everything you could want as an owner occupier or investor. Designed for easy, low maintenance living, the light filled open plan living layout brings together a sleek kitchen, spacious lounge area and a private balcony via the floor to ceiling glass doors framing the skyline and sweeping sunset views.

The kitchen is fully equipped with solid granite benchtops, quality fixtures and fittings, and stainless steel appliances including a 4 burner gas cooktop, electric oven and dishwasher-providing everything needed for easy everyday living and long term tenant appeal.

The bedroom offers excellent space, consisting of a king bed with side tables, and includes built in robes and frosted glass for natural light. The bathroom/ensuite has been well designed to maximise space with modern finishes and floor to ceiling tiles.

Further features include a European style laundry complete with a washing machine, dryer and basin, ducted reverse cycle air conditioning, excellent security with a swipe card system, intercom and 24-hour reception in the foyer.

The Embassy is renowned for its meticulous upkeep, strong management and engaged strata committee. Recent upgrades include designer renovated foyers by Polli Woods, new gym equipment, lift upgrades and more improvements to come.

This property represents a compelling investment with strong rental demand and future capital growth prospects in a tightly held, continually improving location. Ongoing development and new infrastructure make it ideal for investors, executive couples, retirees and anyone seeking a secure, low maintenance CBD base.

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 inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the Ray White Adelaide City office (2/127 Hutt Street, Adelaide) for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA307896.

Listing description written by Toby Shipway, Ray White Adelaide City — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.