501/83 South Terrace, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

501/83 South Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 501/83 South Tce, Adelaide

501/83 South Tce, Adelaide is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014.

Building Type
House
Year Built
2014
Local Government
Adelaide

Last Listing description (November 2021)

'SPARKLING CITY FRINGE APARTMENT WITH SPECTACULAR PARK / HILLS VIEWS'.

Flawless in presentation, this classy secure apartment will leave you breathless.

Set in the 'Citi Fringe' boutique apartment complex, this outstanding offering will suit a variety of astute buyers which includes 1st home buyers, retirees, investors or those wanting a low maintenance lifestyle so close to the CBD.

Built in 2014 with no expense spared this luxurious apartment features:

* 2 double sized bedrooms (master with built in robes, both of the bedrooms boast CBD views).

* Impressive kitchen with an abundance of cupboard storage, bench space, 'Caesar Stone' benchtops and quality appliances.

* Integrating with the kitchen is the open plan casual meals / living area. From this area, you can enjoy unlimited views of the parklands.

* Deluxe bathroom which is equipped with a shower, w.c., vanity and stone benches.

* European laundry.

* Covered balcony which overlooks the attractive Parklands and Adelaide Hills in the horizon.

* Ducted reverse cycle air-conditioning.

* Intercom Security.

* Single carport with automated car lift. You require a remote control to access the rear carpark security roller gate.

* Security is paramount with security entrance access off South Terrace. Attractive main entrance foyer.

* Combination of Bamboo timber flooring in the main living area and carpet in the bedrooms.

* The current Vendors have recently rented the apartment out fully furnished achieving approximately $30,000 per year.

* Fixed long term rental projection (unfurnished) is approximately $500 per week. (Please see Form R7 attached with the photos)

Local attractions within proximity include the South Terrace Parklands, Veale Gardens, central markets, Gouger Street, Chinatown, Caf's and bars, quality private and public schools, public transport and much more!

'You're sure to be very impressed. Take advantage!'

RLA183205

Property History for 501/83 South Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
  • 09 Nov 2021
    Sold - Price Undisclosed
  • 18 May 2021
    Listed for Sale $549,000
  • 28 Jul 2018
    Listed for Rent $595 per week
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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 18,720 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 138 properties listed for sale, and 99 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1240 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.