201/23 King William Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

201/23 King William Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 38m2
Land area: 37m2
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Last updated 14 Sep 2026
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Property Details for 201/23 King William St, Adelaide

201/23 King William St, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 1936. The property has a land size of 37m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1936
Floor Size
38m2
Land Size
37m2
Local Government
Adelaide
Lot/Plan
F201/C23717

Last Listing description (August 2026)

Originally constructed in 1936 and thoughtfully redeveloped in 2007, this well-presented two-bedroom apartment offers the perfect balance of character, comfort and convenience in the heart of Adelaide.
Designed for easy, low-maintenance living, the functional floorplan features an open-plan living and dining area that creates a welcoming space to relax. Whether you're searching for a city base or a smart investment, this apartment offers outstanding versatility.
This apartment is truly move-in ready. Included are a sofa, television, double bed, kitchen appliances and crockery. Brand new carpets throughout give the apartment a fresh new look, while ceiling fans add to its everyday comfort.

Perfectly positioned in Adelaide's vibrant CBD, you'll enjoy the convenience of having cafés, restaurants, shopping, entertainment and public transport all at your doorstep. Major attractions including UniSA, the Royal Adelaide Hospital, Adelaide Oval and Rundle Mall are all within easy walking distance.
Set within a beautiful heritage building, the apartment showcases charming period features that reflect Adelaide's rich architectural history while offering the comforts of modern living.
With no restrictive management agreements, you'll enjoy the flexibility to occupy, lease or utilise the property in a way that best suits your needs-an increasingly rare opportunity in the city apartment market.
Features You'll Love:
• Two bedrooms
• Open-plan living and dining
• Sold fully furnished
• New carpets throughout
• Ceiling fans throughout
• Kitchen appliance and crockery included (Air fryer, toaster, kettle and convection microwave)
• Heritage character with modern comforts
• Low-maintenance lifestyle
• Walking distance to UniSA, Royal Adelaide Hospital, Adelaide Oval and Rundle Mall
• Flexible ownership with no restrictive management agreements
Whether you're looking to step into the property market, expand your investment portfolio or enjoy the convenience of CBD living, this apartment presents an exceptional opportunity in one of Adelaide's most desirable locations.
For further information or to arrange an inspection, contact Kelly Eustice on 0468 640 085.

Property History for 201/23 King William St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$180,000
01 Jul 2021
Listed for Rent
$205/w
28 Mar 2019
  • 30 Jun 2026
    Listed for Sale $299,000 - $329,000
  • 01 Jul 2021
    Sold for $180,000
  • 04 May 2020
    Listed for Sale $175,000 - $185,000
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the 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 18,867 properties. Over the last 5 years, Houses in Adelaide have seen a 32.10% increase in median value, while Units have seen a 44.41% increase. As at 31 August 2026:

  • The median value for Houses in Adelaide is $1,203,171 while the median value for Units is $623,271.
  • Houses have a median rent of $680 while Units have a median rent of $625.
There are currently 160 properties listed for sale, and 83 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1394 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Cotality Copyright and Legal Disclaimers about Property Data
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.