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Market Update / Adelaide CBD

  • April 03, 2019

From humble one-bedroom stone workers cottages to flashy penthouse apartments, central Adelaide delivers the real-estate goods.

Adelaide is a magnet for singles: budgeting students, office workers, and mature independents: the city attracts those who crave urban pace more than suburban space.

Median prices for two bedroom homes in the area are at $580,000. Median price for rent is currently at $420 per week.

A great result achieved this month by Peter Michos Director at RMC Real Estate, was for the homes situated at 156 & 158 Sturt Street, Adelaide. Two Torrens titled maisonettes side by side, owned by the same family for some sixty years ! Both homes offer two bedrooms and are graced with all the classic features, soaring ceilings, feature fireplaces, decorative ceilings leading off the wide hallways, timber floorboards throughout.

Set on trendy Sturt street location, which passes through Whitmore Square and King William Road.

The homes were sold to one buyer as owner occupier and as an investment, inline with the current median house price.

If you would like more information on the Adelaide CBD Market, contact Peter Michos today on 0418 830 152 or fill in your details below.

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