109/23 King William StreetAdelaide SA 5000
Property Details for 109/23 King William St, Adelaide
109/23 King William St, Adelaide is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1936. The property has a land size of 34m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (January 2025)
Set in the heart if the city this cute studio apartment could be the next jewel in your portfolio crown or a place to call home in the middle of the hustle and bustle of King William Street.
You will love being able to just walk across the road to all the shopping the Mall has to offer, and a short stroll to all the restaurants of Rundle Street, Adelaide Uni for the academics or take in the sights and sounds of the Adelaide Night life.
For those needing to travel a little further afield the train station is just around the corner, bus & Tram stops directly out the front and plenty of other transport options.
This apartment unlike all other apartments in the building does give you direct access to a small courtyard area perfect to sit and take in the fresh air and sunshine.
The build itself boast large common areas and a communal laundry but unlike other such buildings there is no locked in management or restrictions on use.
With an estimated rental return at $350 per week this apartment could pay for itself in no time for the savvy investor.
Please call 0468 640 085 if you wish to book an inspection.
Property History for 109/23 King William St, Adelaide, SA 5000
- 10 Jan 2025Sold for $210,000
- 23 Aug 2024Listed for Rent $375 / week
- 06 Aug 2024Listed for Sale $199,000 - $218,000
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0About 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 18,721 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:
- The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
- Houses have a median rent of $650 while Units have a median rent of $620.
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