253-257 Sturt StreetAdelaide SA 5000
Property Details for 253-257 Sturt St, Adelaide
Last Listing description (September 2018)
Professional two storey office building
Quality tenant on strong lease 7 + 7 + 7 year terms
971 sqm (approx.) of executive office space and fit-out across two levels
Convenient corner position
Popular City location with easy access
Partitioned offices with natural window light
Property History for 253-257 Sturt St, Adelaide, SA 5000
- 30 Sep 2021Sold for $3,400,000
- 10 Oct 2018Sold for $2,950,000
- 06 Jul 2018Listed for Sale $2.9 M - 7% ROR
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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.
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