1/228 Franklin Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

1/228 Franklin Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 250m2
Land area: 581m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 1/228 Franklin St, Adelaide

Building Type
Commercial
Floor Size
250m2
Land Size
581m2
Local Government
Adelaide
Lot/Plan
A376/F181218

Last Listing description (October 2016)

Located towards the western end of Franklin Street the property is well positioned with a lot of activity underway in the area. Accessible to public transport and is within walking distance of major city precincts such as the Adelaide Central Markets and Rundle Mall.
The property offers 250sqm*, with the front section recently refurbished and partitioned off as an office/showroom. This Property also includes 4 onsite valuable car parks.
Large glass frontage allows for excellent exposure opportunities onto Franklin Street and the development of the new Royal Adelaide Hospital provides a fantastic opportunity for complimentary services to become established nearby.

* Approx.

Property History for 1/228 Franklin St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Listed for Rent
$767/w
27 Oct 2016
  • 20 May 2016
    Listed for Rent - Price not available
  • 05 Apr 2016
    Listed for Rent $35,000 / year
  • 13 Jan 2016
    Listed for Rent $35,000 / year
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of 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 18,504 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:

  • The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 139 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1248 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.