5/119 Gilbert Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

5/119 Gilbert Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 116m2
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Last updated 30 Mar 2026
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Property Details for 5/119 Gilbert St, Adelaide

5/119 Gilbert St, Adelaide is a 2 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 116m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2008
Floor Size
88m2
Land Size
116m2
Local Government
Adelaide
Lot/Plan
F12/C25060

Last Listing description (March 2026)

Welcome to 5/119 Gilbert Street, a stunning, penthouse-level apartment crafted by the renowned Forme Projex, offering a premier lifestyle in the heart of Adelaide. From the moment you step inside, the sense of space and sophistication is immediate, highlighted by soaring 10-foot ceilings and gorgeous solid timber flooring that flows flawlessly throughout the home. The open-plan design is perfectly complemented by recessed lighting and ducted reverse-cycle air conditioning, ensuring year-round comfort and a modern, airy ambiance.The heart of the home is the contemporary kitchen, elegantly appointed with premium stainless steel appliances and a sleek, integrated built-in fridge. This culinary space overlooks the living area, which extends effortlessly out to a large, north-facing balcony. Flooded with natural light, this outdoor retreat serves as the perfect vantage point to take in the sweeping main views, offering a fantastic space for entertaining guests or simply unwinding with a morning coffee.The accommodation is thoughtfully designed, featuring a large main bedroom complete with a built-in robe and integrated drawers for optimal storage. The generous second bedroom also includes its own built-in robe, providing excellent space for guests, a roommate, or a dedicated home office. Both bedrooms are serviced by a beautifully appointed central bathroom that maintains the apartment's high standard of finish.Completing this exceptional inner-city offering is the highly coveted inclusion of a secure, ground-floor car park. Positioned in a vibrant and sought-after precinct of the CBD, this penthouse apartment delivers the ultimate blend of luxury, convenience, and low-maintenance city living.** This building has no lift.RLA 302170

Property History for 5/119 Gilbert St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$490,000
15 Jun 2021
Listed for Rent
$440/w
08 Feb 2019
  • 13 Mar 2026
    Listed for Sale Not Disclosed
  • 15 Jun 2021
    Sold for $490,000
  • 01 Apr 2021
    Listed for Sale $510,000 - $535,000
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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 18,783 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.
There are currently 142 properties listed for sale, and 95 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1257 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
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.