304/245 Hindley StreetAdelaide SA 5000
Property Details for 304/245 Hindley St, Adelaide
304/245 Hindley St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a floor size of 64m2.
Last Listing description (October 2013)
High Flyer on Hindley
This fully furnished two bedroom apartment (with secure carpark) is an ideal low cost investment into the Adelaide CBD and is managed by the Breakfree Group until 2021 (with another 10 year option)
Unfortunately the lease does not allow the owner to stay in the room except under normal commercial rent via Breakfree bookings.
Recent Net Income:
Qtr ending June 2011 $2,854.64
Qtr ending September 2011 $2,232.65
Qtr ending December 2011 $4,047.94
Qtr ending March 2012 - $4152.77
Qtr ending June 2012 - $2096.80
Qtr ending September 2012 - $2659.47
Qtr ending December 2012 - $3397.82
Qtr ending March 2013 - $3113.37
Ave Income per quarter over last 8 quarters: $3,069.43
Ave income per month over 24 months: $1,023.14
Expenses per Annum: Council $971.10
Strata Fees $1,119.76
Strata Sinking Fund $1,302.28
ESL $196.90
SA Water $616.20
Ave expenses per month: $350.52
Additional feature/s - Close to Transport.
Property History for 304/245 Hindley St, Adelaide, SA 5000
- 16 Aug 2013Listed for Sale $159,000
Recent sales nearby
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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 18,787 properties. Over the last 5 years, Houses in Adelaide have seen a 43.98% increase in median value, while Units have seen a 37.56% increase. As at 31 March 2026:
- The median value for Houses in Adelaide is $1,210,028 while the median value for Units is $585,713.
- Houses have a median rent of $670 while Units have a median rent of $620.
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