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.
SA › Adelaide › King William St
$650,680
For sale
Asking
2
Bedrooms
2
Bathrooms
0
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
$650,680
Asking
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
-43.4%
Median sale
Suburb $1,150,000
+1.56 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.
$40,075 on top of the price (6.2% 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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 3.6%. 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 CityPrice guide: $650,000 - $680,000
Perfectly positioned in the heart of Adelaide, this spacious and light-filled apartment delivers an exceptional combination of comfort, convenience, and investment appeal. Whether you are an investor seeking outstanding rental returns or a future owner planning to secure a premium CBD residence, this impressive apartment presents an outstanding opportunity in one of Adelaide's most sought-after locations.
Offering approximately 97sqm of internal living plus a private balcony, the apartment immediately stands out with its generous proportions and functional layout-a rare offering within the Adelaide CBD market. Large windows throughout invite an abundance of natural light, creating a bright and welcoming atmosphere while enhancing the sense of space. The master bedroom also benefits from premium triple-glazed windows with an enlarged feature window, providing enhanced comfort, natural light, and excellent noise reduction.
The expansive open-plan living and dining area forms the heart of the home, seamlessly connecting to the private balcony where you can relax and enjoy vibrant city outlooks. Quality floor tiles extend throughout the living areas and both bedrooms, creating a modern, low-maintenance finish, while a brand-new Fujitsu split-system heating and cooling system ensures year-round comfort.
The beautifully renovated wrap-around kitchen features granite stone benchtops, elegant gold fixtures, quality appliances, and ample storage, making it ideal for everyday living or investment purposes. Both bedrooms are generously proportioned and include extensive built-in wardrobes, with the master suite enjoying the added privacy and convenience of its own ensuite.
Both bathrooms have been stylishly renovated to a high standard, featuring floor-to-ceiling tiles, frameless shower screens, premium gold tapware, and custom-built vanities, creating a luxurious contemporary feel.
Adding further practicality is the spacious walk-in laundry, complete with custom-made premium-quality cabinetry that provides exceptional storage and functionality-a rare feature in CBD apartments.
Situated on Adelaide's iconic King William Street, this outstanding location places such as cafe, restaurants, shopping, universities, public transport, entertainment precincts, and Adelaide's cultural attractions all within easy walking distance. Currently leased until January 2027 at $885 per week, the property offers an outstanding investment opportunity with secure rental income in a premium city location.
Property Features:
* Spacious open-plan living and dining area opening to a private balcony
* Renovated wrap-around kitchen with stone benchtops, gold fixtures, and ample storage
* Two oversized bedrooms with extensive built-in wardrobes
* Triple-glazed windows with an enlarged feature window to the master bedroom for enhanced comfort and noise reduction
* Two beautifully renovated bathrooms featuring floor-to-ceiling tiles, frameless shower screens, premium gold tapware, and custom-built vanities
* Spacious walk-in laundry with custom-made premium-quality cabinetry
* Floor tiles throughout the living areas and both bedrooms
* Large windows allowing abundant natural light
* Brand-new Fujitsu split-system heating and cooling
* Modern finishes throughout with marble-look wet areas, gold hardware accents, and large-format floor tiles
* Excellent investment opportunity with strong rental return
* Prime CBD location close to shops, cafes, public transport, universities, and entertainment
* Rundle Mall, Adelaide Central Market, Festival Centre, Victoria Square, and the River Torrens all within easy walking distance
* Free city tram and multiple bus routes nearby, providing seamless access across Adelaide
* Unbeatable CBD location with shopping, dining, and public transport at your doorstep
* Located within the shared school zone for Adelaide High School and Adelaide Botanic High School (subject to Department for Education zoning policies and enrolment criteria)
Offering generous space, quality renovations, secure rental income, and an unbeatable city lifestyle, this impressive King William Street apartment represents a rare investment opportunity in one of Adelaide's most connected and convenient locations.
Do not let this exceptional opportunity slip away! so we encourage you to register your interest promptly to secure your chance to own this remarkable home. Contact Marco Lai 0433 733 368 or Sumit Khatri 0433 577 970 for any further information.
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.
RLA 307896
Listing description written by Marco Lai, Ray White Adelaide City — reproduced as published, not verified by Districts.