12 King Street, Prospect, SA 5082 | Property Value & History | OnTheHouse
OFF MARKET

12 King Street
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 697m2
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Last updated 13 Jul 2026
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Property Details for 12 King St, Prospect

12 King St, Prospect is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 697m2.

Building Type
House
Land Size
697m2
Local Government
Prospect
Lot/Plan
A86/D991

Last Listing description (January 2026)

Ready to refurb and rent, ripe for exciting renovations, or rebuild from the ground up and capitalise on Prospects endless growth potential; 12 King Street - a solid brick 2-bedroom beauty in sought-after Prospect - is your ticket to one of Adelaide's most exciting postcodes. With practical appeal unfolding across timber floors, a light-filled lounge, kitchen with adjoining meals and sunroom, there's easy lease and liveability here, while you plan your next big step. Whether you're an astute investor, ambitious FHB, or budding renovator, this is a chance to secure a piece of blue-chip suburbia with endless upside.

But make no mistake - it's the land that steals the show. Sprawling across an impressive 698sqm parcel, the scope here is as rare as it is rewarding. Rebuild a luxury family masterpiece, subdivide and develop (STCC), or simply land-bank for future growth in one of the city-fringes most popular locales. With incredible space, solid bones, and a location that keeps lifestyle front and centre, this Prospect diamond is ready to shine brighter than ever.


MORE TO LOVE
• Charming c.1950s property set on an enticing 698sqm (approx.) allotment inviting incredible renovation, redesign + rebuild or high-value subdivision potential (subject to council conditions)
• Light-filled lounge, solid timber floors + soaring ceilings
• Cosy combined kitchen + casual meals
• 2 generous bedrooms, both with ceiling fans, master with added AC
• Spacious tiled rear sunroom with views outside
• Contemporary bathroom ready for a refurb, separate WC + practical laundry
• Huge backyard stretching over sunny lawns, neat gardens + established leafy trees
• Sizeable garage/workshop, as well as tool shed, wood shed + aviary
• Neat mid-century frontage, gated driveway + kid/pet-friendly lawns

SCHOOL ZONING
• A leisure stroll to Prospect North Primary + zoned for the exclusive Adelaide Botanic High

Set your sights on one of Adelaide's most in-demand city-fringe locales, where lifestyle and location go hand in hand. From top-tier schooling options and the everyday ease of Sefton Plaza, to the thriving café, restaurant, and bar culture that lines Prospect Road, you'll never be short on ways to fill your weekends. Whether it's brunching with friends, boutique browsing, or catching the latest movie, this buzzing neighbourhood delivers it all - and with the city just minutes away, work-life balance for professionals and families alike has never looked better.

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 322799

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:
Council | PROSPECT
Zone | EN - Established Neighbourhood
Land | 697sqm(Approx.)
House | 138sqm(Approx.)
Built | 1954
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Property History for 12 King St, Prospect, SA 5082

A timeline of how this property has performed in the market
  • 19 Oct 2025
    Listed for Sale Auction On-Site Saturday 8th November 11AM (USP)
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About Prospect 5082

The size of Prospect is approximately 5.0 square kilometres. There are 18 parks, covering nearly 3.1% of the total area. The population of Prospect in 2016 was 13280 people. By 2021 the population was 14584 showing a population growth of 9.8% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation.In 2021, 62.80% of the homes in Prospect were owner-occupied compared with 65.10% in 2016.

Prospect has 7,161 properties. Over the last 5 years, Houses in Prospect have seen a 80.54% increase in median value, while Units have seen a 90.69% increase. As at 30 June 2026:

  • The median value for Houses in Prospect is $1,560,307 while the median value for Units is $698,747.
  • Houses have a median rent of $660 while Units have a median rent of $580.
There are currently 17 properties listed for sale, and 16 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 333 properties were sold in the past 12 months in Prospect.

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Cotality Copyright and Legal Disclaimers about Property Data
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.