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.
$1,000,000–$1,100,000
For sale
Asking range
2
Bedrooms
2
Bathrooms
1
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
$1,000,000–$1,100,000
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.
Vs Adelaide
-13.0%
Median sale
Suburb $1,150,000
+0.30 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.
Based on the low end of the asking range, not a contract price.
$62,858 on top of the price (6.3% extra)
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.
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.
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.
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 $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.
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.
Gross yield if leased at the suburb aggregate is 2.3%. 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
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
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.
Listing material
Listed by Ray White Adelaide CityExperience an exceptional standard of city living from the 28th floor of the prestigious Luminesque Residences, perfectly positioned above the five-star Sofitel Adelaide. Showcasing breath-taking panoramic views stretching from the Adelaide Hills across the city skyline to the coastline, this sophisticated two-bedroom apartment delivers an enviable lifestyle in one of Adelaide's most sought-after residential addresses.
Designed to maximise both natural light and uninterrupted vistas, the spacious open-plan living and dining area seamlessly extends onto a generous balcony - creating the perfect indoor-outdoor entertaining space. Enjoy your morning coffee as the sunrises over the Adelaide Hills year round, or relax with an evening drink while taking in spectacular sunsets and the sparkling city lights, or watch the storms sweeping in from the coast and up over the hills.
Every detail has been carefully considered, with premium finishes throughout including elegant timber flooring to the living areas, plush carpet to the bedrooms, impressive 2.7-metre square-set ceilings, floor-to-ceiling double-glazed tinted windows, quality blinds and curtains, and ducted reverse-cycle air conditioning for year-round comfort. The sophisticated contemporary kitchen is thoughtfully designed with a striking marble-finish waterfall island, elegant black glass splashback, integrated dishwasher, and generous storage solutions. The bedrooms are spacious and capture impressive views, with a swish master suite complete with private ensuite and built-in robes.
This beautifully presented residence has also been enhanced with a number of thoughtful owner upgrades, adding both functionality and sophistication. These include integrated power outlets within the kitchen island for everyday convenience, mirrored storage cabinetry in the master ensuite, a professionally installed picture hanging system throughout, electric blinds to the main bedroom, and custom two-pack cabinetry finishes to the master suite wardrobes for a refined and durable finish.
Whether you're seeking an executive city residence, a luxurious lock-and-leave lifestyle or a premium investment opportunity, this exceptional apartment offers the perfect blend of comfort, style and convenience, appealing to city professionals, downsizers, retirees, interstate buyers and astute investors alike.
The Why to Buy :-)
* 2 Spacious bedrooms with swish master suite and built-in robes
* Generous second bedroom with built-in robe and floor-to-ceiling windows
* Amazing light filled living/dining with spectacular views wherever you look
* Beautiful contemporary kitchen with glass splashback, dishwasher and generous storage
* European-style laundry and additional storage throughout
* 2 Opulent bathrooms
* Ducted reverse-cycle air conditioning
* Double-glazed and tinted windows
* All weather balcony with some of Adelaide's best views
* Secure building and lift access with video intercom
* Valuable lock up storage cage
* 1 Secure car space
* NBN connection.
Residents also have the opportunity to enjoy the luxury facilities of the Sofitel Adelaide through an optional membership, currently available for approximately $150 per month. Membership includes unlimited access to the hotel's premium swimming pool, gymnasium, sauna and spa facilities, with the flexibility to cancel at any time. Fees and conditions are determined by the Sofitel Adelaide. Alternatively, take advantage of the UniSA gym and pool ($11 a week unlimited use) just a couple of minutes walk, as the current owners have enjoyed!
Positioned in the heart of Adelaide's vibrant CBD, you'll find the Adelaide Central Market, Peel Street and Leigh Street's renowned dining precincts, Rundle Mall, and the Riverbank entertainment precinct all just moments from your front door. The linear path along the Torrens river is a firm morning walk favourite of the current owners, as is a stroll past the Adelaide Oval and to North Adelaide and the surrounding parklands.
One of the unexpected highlights for the current owners has been the public transport options, including the Adelaide Railway Station, tramline and bus stops, allowing easy access to the hills, the airport and beaches; perfect for those spur of the moment trips, often leaving their car sitting unused in the car space for weeks at a time!
The location also has the added convenience of medical facilities on your doorstep, with doctors, dentists and hospitals only a short distance away.
Families will appreciate the highly desirable zoning for Adelaide High School and Adelaide Botanic High School, while nearby universities and TAFE campuses further enhance the property's outstanding location.
The current owners also love the very friendly community and intimate feel of the development, having found it surprisingly quiet, for a city-based apartment. This amazing new home awaits the next discerning owner!
For any further information please contact, Andrew Downing, The City Specialist on 0404 882 311.
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.
RLA307896
Listing description written by Andrew Downing, Ray White Adelaide City — reproduced as published, not verified by Districts.