301/281 North TerraceAdelaide SA 5000
Property Details for 301/281 North Tce, Adelaide
301/281 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 72m2.
Last Listing description (January 2024)
This contemporary, well appointed two bedroom apartment with allocated carpark set within the 'Palais' building, offers the perfect combination of lifestyle and investment in this landmark location. Nestled in an elevated third floor position, this single-level sanctuary is ideal for first-time purchasers and investors alike.
Beyond the secure key FOB entry, this spacious apartment radiates natural light and features warm new carpeted floors through the open plan living/dining zone, The deep grey tile-floored kitchen maintains the apartment's streamlined efficiency with crisp white cabinetry including overhead cupboards and wine bottle storage, dishwasher, electric oven and cooktop.
This no-stress abode also offers secure lift access and designated basement car park (enter from either North Terrace or Frome Road). Perfect for owners/occupiers - CBD workers, University/medical staff, or a City pad for out-of-towners, it is also a first class investment property and ideal accommodation for students with all educational facilities close by - Adelaide University campuses, Uni of SA, TAFE, Medical School, Royal Adelaide Hospital and schools such as Adelaide Botanic High School, CBC, St Aloysius and Prince Alfred Colleges.
$399,000
CT: Volume 5985 Folio 553
Council: City of Adelaide
Council Rates: $1,827.15 per annum (approx)
Water Rates: $153.70 per quarter (approx)
Body Corporate Levy: $922 per quarter (approx)
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Property History for 301/281 North Tce, Adelaide, SA 5000
- 27 Sep 2023Listed for Sale $399,000
- 10 Jan 2018Listed for Rent $470 / week
- 16 Dec 2015Listed for Rent $470 / week
Recent sales nearby
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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 18,715 properties. Over the last 5 years, Houses in Adelaide have seen a 44.76% increase in median value, while Units have seen a 34.32% increase. As at 28 February 2026:
- The median value for Houses in Adelaide is $1,195,229 while the median value for Units is $566,972.
- Houses have a median rent of $650 while Units have a median rent of $620.
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