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