218/281 North Terrace, Adelaide, SA 5000 sold on 16 October 2025 | OnTheHouse
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Sold on 16 Oct 2025 - Price Unavailable

218/281 North Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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Property Details for 218/281 North Tce, Adelaide

218/281 North Tce, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Adelaide in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
65m2
Local Government
Adelaide

Last Listing description (November 2025)

Positioned in the heart of Adelaide's vibrant East End, this modern 2-bedroom apartment in the highly regarded Palais complex offers the perfect blend of lifestyle, convenience, and investment appeal.

With Adelaide University plus the restaurants, cafés and boutiques of Rundle Street and Rundle Mall just moments away, this property is ideal for professionals, students, or savvy investors.

Key Features:

Secure underground car parking

Two spacious bedrooms filled with natural light

Modern kitchen with electric cooktop, dishwasher, and ample storage

Open-plan living and dining area with contemporary finishes

Reverse-cycle heating and cooling for year-round comfort

Bathroom with combined laundry facilities

Why you'll love it:
This low-maintenance apartment offers an unbeatable city lifestyle with everything at your doorstep. It's equally suited for owner-occupiers looking for stylish urban living or investors seeking strong rental demand in an inner-city location.

Opportunities like this are highly sought after – whether you're securing your own city pad or adding to your investment portfolio, this is one not to miss.

RLA 269825

Property History for 218/281 North Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
16 Oct 2025
Listed for Rent
$450/w
29 Jan 2018
  • 16 Oct 2025
    Sold
  • 29 Aug 2025
    Listed for Sale RECENT SALES
  • 12 Jan 2018
    Listed for Rent $450 / week
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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 18,493 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 127 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1247 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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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.