7 Michos Avenue, Panorama, SA 5041 | Land for sale | OnTheHouse
 
FOR SALE
OFFERS UNDER REVIEW

7 Michos Avenue
Panorama SA 5041

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Land area: 1536m2
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OFFERS UNDER REVIEW ---- PRIME DEVELOPMENT OPPORTUNITY - 1,536m² (APPROX.)

-----------------OFFERS UNDER REVIEW -------------------
An exceptional opportunity to secure a substantial 1,536m² (approx.) allotment in a rapidly evolving precinct just off Goodwood Road, positioned alongside Hurley's $70 million Hotel Motel and Rivergum's residential development.
Zoned for Urban Neighbourhood use, the site offers outstanding potential for multi-storey mixed-use development (STCC), presenting a rare chance to capitalise on strong demand and continued growth in this high-performing location.
Ideally positioned within close proximity to Flinders University, Flinders Medical Centre, Westfield Marion, and only minutes to the Adelaide CBD, the property combines convenience with long-term development upside.
Surrounded by quality developments and significant infrastructure investment, opportunities of this scale and flexibility are increasingly hard to secure.
Key Highlights:
• 1,536m² (approx.) land holding
• Urban Neighbourhood Zone
• Potential for multi-storey mixed-use development (STCC)
• Development approval already in place
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Property Details for 7 Michos Ave, Panorama

Building Type
Land
Land Size
1536m2
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About Panorama 5041

The size of Panorama is approximately 1.7 square kilometres. It has 12 parks covering nearly 9.7% of total area. The population of Panorama in 2016 was 2308 people. By 2021 the population was 2388 showing a population growth of 3.5% in the area during that time. The predominant age group in Panorama is 40-49 years. Households in Panorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panorama work in a professional occupation.In 2021, 84.20% of the homes in Panorama were owner-occupied compared with 81.20% in 2016.

Panorama has 1,091 properties. Over the last 5 years, Houses in Panorama have seen a 91.07% increase in median value, while Units have seen a 90.97% increase. As at 30 April 2026:

  • The median value for Houses in Panorama is $1,228,392 while the median value for Units is $731,427.
  • Houses have a median rent of $698 while Units have a median rent of $250.
There are currently 4 properties listed for sale, and no properties listed for rent in Panorama on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Panorama.

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Peter Michos
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Realestate Management Company - RLA158869
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