1002/242 Flinders Street, Adelaide, SA 5000 sold on 28 March 2025 | OnTheHouse
SOLD
Sold on 28 Mar 2025 for $440,000

1002/242 Flinders Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 76m2
Sold By
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Turner Real Estate Adelaide
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Property Details for 1002/242 Flinders St, Adelaide

1002/242 Flinders St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2014
Land Size
76m2
Local Government
Adelaide
Lot/Plan
F1002/C28286

Last Listing description (March 2025)

Offer Accepted! Please contact for off market alerts for similar properties.

Introducing a charming city residence nestled in the heart of Adelaide, a spotless haven perfect for home starters, professionals, and investors alike. Constructed in 2014, this neatly presented two-bedroom apartment combines the conveniences of modern urban living with the homely attributes of a cosy dwelling, making it an appealing choice for those seeking to downsize without compromising on the quality of life.

Boasting an open-plan layout, the apartment provides modern day living. A sizeable balcony extends the living area, offering a splendid spot to unwind, entertain, or marvel at the city views. The modern kitchen, equipped with a dishwasher, stainless appliances, and an induction cooktop, is a testament to functionality meeting style, perfect for home-cooked meals or casual entertaining.

Key Features:
- Desirable Adelaide location
- Neatly maintained condition
- Two well-sized bedrooms
- Perfect for first homebuyers, professionals, downsizers, investors
- Open-plan living for a roomy feel
- Modern kitchen with dishwasher, stainless appliances, induction cooktop
- Terrace balcony, perfect for relaxation or entertainment
- Split reverse cycle air conditioning for year-round comfort
- Fresh carpeting adding to the overall appeal
- Lock-and-leave lifestyle, ideal for busy individuals or frequent travellers.

Currently managed through Turner Real Estate until the 7th July 2025 at $500 per week.

Nearby Schools / Gilles Street Primary School, Sturt Street Community School, Adelaide Botanic High School, Adelaide High School

CT / 6141/448
Year built / 2014
Equivalent Building Area / 73 sqm (approx.)
Council / Adelaide City Council
Title / Strata
Council Rates / 1,451.15 p.a
Water & Sewer / 165.55 p.q
ESL / $110.80 p.a
Strata & Sinking / $980 p.q

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639

Property History for 1002/242 Flinders St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$440,000
28 Mar 2025
  • 28 Mar 2025
    Sold for $440,000
  • 14 Feb 2025
    Listed for Sale Under Contract
  • 24 Jul 2014
    Sold for $415,000
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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 18,484 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:

  • The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 135 properties listed for sale, and 108 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1230 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.