4/50 Rose Street, Prospect, SA 5082 | Unit for sale | OnTheHouse
 
FOR SALE
$550,000 - $600,000

4/50 Rose Street
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
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Two renovated 2bd units 3km from CBD in neat group of 4

Accommodation
An exceptional opportunity awaits to purchase one of two renovated second-level units within a small, tidy group of only four residences. Offering identical floorplans and modern updates throughout, these low-maintenance residences present an ideal opportunity for savvy investors seeking immediate rental income or first home buyers looking to secure a foothold in the highly sought-after suburb of Prospect upon lease expiry.
Unit 3 is securely leased at $485 per week until the 13th June 2027, while Unit 4 is leased at $485 per week until 4th July 2027, providing an attractive set-and-forget investment from day one.
Inside, both units offer a light-filled layout featuring two generous bedrooms, each complete with built-in wardrobes, ceiling fans and soft carpeting for year-round comfort. Floating timber-look flooring flows throughout the main living areas, complementing the fresh neutral décor.
The updated white laminate kitchens are both stylish and practical, boasting generous bench space, ample cabinetry and a four-burner gas cooktop, making meal preparation a pleasure. The renovated bathrooms showcase contemporary floor-to-ceiling tiling, while the spacious lounge is serviced by a split system air conditioner to ensure comfort throughout the seasons.
Each unit also enjoys the convenience of its own allocated carport.
Whether you're looking to expand your investment portfolio, secure a quality long-term asset or plan ahead for your first home, these impressive units offer flexibility, convenience and exceptional value in one of Adelaide's most desirable city-fringe suburbs.
Key Features
-Rare opportunity to purchase one of two renovated second-level units
-Small and well-maintained group of only four residences
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Property Details for 4/50 Rose St, Prospect

4/50 Rose St, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 69m2. The place is currently for sale with Raine & Horne Unley.

Building Type
Unit
Year Built
1970
Floor Size
69m2
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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 7,160 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 16 properties listed for sale, and 16 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 341 properties were sold in the past 12 months in Prospect.

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Constantine Pappas
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Stephen George
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Raine & Horne Unley
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