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.
For sale
For sale
1
Bedrooms
1
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
No recorded sale price for this property yet.
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.
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.
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
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 Raine & Horne UnleyDue to overwhelming interest the best offer deadline has been brought forward to Tieaday 25th August at 12pm.
Accommodation
Positioned high above the action with panoramic city views, this spacious one-bedroom apartment delivers an impressive combination of contemporary comfort, security and resort-style living in the heart of Adelaide.
Enjoying an east-facing aspect, the apartment welcomes excellent natural light through double-glazed windows, while an undercover balcony provides the perfect spot for a morning coffee or evening drink while taking in the city surrounds.
At the heart of the home is a sleek modern kitchen featuring stone benchtops, excellent cabinetry and preparation space, an AEG four-burner gas cooktop, new Westinghouse oven and dishwasher. The kitchen connects effortlessly with the open-plan living and dining area, creating an inviting space to relax or entertain.
The generously proportioned bedroom features a ceiling fan and impressive wall-to-wall mirrored built-in wardrobes, while the stylish bathroom is finished with floor-to-ceiling tiling and a frameless glass shower. A cleverly concealed European laundry adds further practicality.
Year-round comfort is taken care of by Samsung ducted reverse-cycle air conditioning, complemented by block-out blinds to both windows and double glazing.
Adding another dimension to the lifestyle are the building's outstanding communal facilities. Head to the rooftop recreational area for BBQs and entertaining, enjoy a swim in the Level 18 infinity pool, work out in the P2 gym, or unwind with friends in the P3 billiard and theatre room.
Secure entry to the undercroft car park and your own large private storage compartment (5.3sqm) on P1 complete an impressive inner-city package.
For investors, the apartment also presents an exciting opportunity, with similar apartments reportedly achieving approximately $675 per week when fully furnished.
Key Features
-Spacious one-bedroom apartment with panoramic city views
-East-facing aspect
-Generous bedroom with wall-to-wall mirrored built-in wardrobes
-Modern kitchen with stone benchtops
-Excellent kitchen cabinetry and preparation space
-AEG four-burner gas cooktop
-New Westinghouse oven
-Dishwasher
-Samsung ducted reverse-cycle air conditioning
-Ceiling fan to bedroom
-Double-glazed windows
-Block-out blinds to both windows
-Stylish bathroom with floor-to-ceiling tiles
-Frameless glass shower
-European laundry
-Undercover private balcony
-Secure building access
-Secure entry to undercroft car parking
-Low strata fees ($650 app pq)
-Large private storage compartment 5.3sqm (2.8m x 1.9m) on P1
-Rooftop recreational and entertaining area
-Communal BBQ facilities and seating
-Infinity swimming pool (heated) on Level 18
-Residents' gym on P2
-Billiard and theatre room on P3
-ABB provision
-Pets upon approval
-Outstanding CBD location
-Walking distance to the redeveloped Adelaide Central Market precinct
-was rented as a fully furnished apartment for $675 per week before becoming owner occupied
-Option to purchase furniture
Lifestyle
Step outside and embrace one of Adelaide's most convenient inner-city lifestyles, where shopping, dining, entertainment, education and public transport are all within easy reach. Car parking for visitors and friends can often be found on Grote Street.
Grote Street places you within walking distance of the Adelaide Central Market and the redeveloped Market Square precinct, together with the restaurants, cafés and multicultural dining of Gouger Street and Chinatown. Rundle Mall, Victoria Square/Tarntanyangga and the wider CBD retail and business precinct are also easily accessible.
Weekends can be spent exploring the cafés, restaurants and bars of the city, catching a show at Her Majesty's Theatre, visiting Adelaide Oval and the Riverbank precinct, or enjoying Adelaide's beautiful surrounding Park Lands.
Public transport is another major advantage, with bus and tram services nearby providing easy connections throughout the CBD and beyond. The location is also convenient to major tertiary institutions including the University of Adelaide and UniSA's city facilities.
Families and future owner-occupiers will appreciate access to highly regarded city schooling, with the property positioned for sought-after CBD public-school zoning, including Adelaide High School and Adelaide Botanic High School, subject to current Department for Education zoning and eligibility requirements.
Whether you're a professional seeking a sophisticated CBD base, a first-home buyer wanting lifestyle and convenience, or an investor looking for a highly appealing city holding, 618/160 Grote Street puts the best of Adelaide within easy reach.
*Disclaimer: Raine & Horne Unley try their absolute best to obtain correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should seek independent legal advice if they wish to proceed. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Constantine Pappas, Raine & Horne Unley — reproduced as published, not verified by Districts.