125/281 North Terrace, Adelaide, SA 5000 sold on 12 May 2026 | OnTheHouse
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Sold on 12 May 2026 for $550,000

125/281 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 125/281 North Tce, Adelaide

125/281 North Tce, Adelaide is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Apartment sold in Adelaide in the last 12 months.

Building Type
Apartment

Last Listing description (May 2026)

Best Offers By Monday 18th MAY 2:00PM (USP)
Nestled in the heart of Adelaide's vibrant CBD, this two-bedroom apartment offers the ultimate in convenience and city living. Just a short stroll from Rundle Mall, Rundle Street's lively cafes and restaurants, top universities, and a host of cultural attractions, everything you need is right at your doorstep. With the tram stop just outside, commuting around the city is effortless.

What we love about this apartment:

* Well-designed layout offering comfortable and functional living
* Light-filled living area seamlessly connected to the kitchen, creating an inviting everyday living space
* Dedicated meals/dining area enhanced by a skylight, bringing in natural light
* Modern kitchen with new installed island bench, ample storage, and practical workflow
* Two generously sized bedrooms with wide windows
* Central bathroom with shower and separate toilet for added convenience
* Internal laundry facilities, neatly integrated into the layout
* Secure underground car parking located at level B2#125
* Recently updated with fresh paint
* Secured intercom entry system
* Low-maintenance home, ideal for owner-occupiers or investors

With Tram and Bus stops right out the front, this fantastic location is situated close to Adelaide University, Rundle Mall, and all the attractions along North Terrace.

Adelaide, the walkable city, offers many national and international events. But the East End is the most sought-after location on the social calendar. With Botanic Park Concerts, open-air cinemas in warm weather, and the Adelaide Fringe, Adelaide Festival, WOMAdelaide, and never-ending sport, comedy, food, and other events in Feb/Mar, you won’t be disappointed living in the heart of this fabulous city in this surprisingly peaceful apartment.

INFORMATION:
COUNCIL RATE:$496.70/quarter (approx)
SA WATER SUPPLY: $82.3/quarter (approx)
SA WATER SEWERAGE:$94/quarter (approx)
STRATA FEE: Admin Fund $782/quarter (approx),
Sinking Fund $336/quarter(approx)
Emergency Services Levy:$TBA/annual (approx)
Year Built: 2007

RLA: 272 867
*Please note that all the information provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions – including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.

Property History for 125/281 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$550,000
12 May 2026
Listed for Rent
$450/w
18 Mar 2022
  • 12 May 2026
    Listed for Sale $550,000
  • 12 May 2026
    Sold for $550,000
  • 18 Mar 2022
    Listed for Rent $450 / week
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,816 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 177 properties listed for sale, and 84 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1265 properties were sold in the past 12 months in Adelaide.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.