305/23 King William St, Adelaide is a 3 bedroom, 1 bathroom Unit and was built in 1936. The property has a land size of 60m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom Unit sold in Adelaide in the last 12 months.
Positioned right in the heart of Adelaide's vibrant CBD, this well-appointed three-bedroom apartment presents an outstanding opportunity for investors, first-home buyers and those seeking an affordable city base.Currently tenanted at $555 per week, the property offers an attractive investment with immediate income and the added flexibility of no restrictive management agreements or limitations on use, giving purchasers greater control over their investment.Inside, the apartment features easy-care floating floors and a functional kitchen that makes excellent use of space, providing everything needed for comfortable day-to-day living. All three bedrooms are equipped with ceiling fans, ensuring year-round comfort.The true appeal lies in the location. Step outside and enjoy everything Adelaide city living has to offer. Within walking distance to trams, trains and bus services, commuting couldn't be easier. You'll also be moments from Adelaide's renowned shopping precincts, cafs, restaurants, entertainment
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 18,862 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:
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