517/61 Hindmarsh Square, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

517/61 Hindmarsh Square
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 97m2
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Property Details for 517/61 Hindmarsh Sq, Adelaide

517/61 Hindmarsh Sq, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 97m2 and floor size of 51m2.

Building Type
Unit
Year Built
2003
Floor Size
51m2
Land Size
97m2
Local Government
Adelaide

Last Listing description (June 2016)

**Inspection by appointment**
This fully furnished two bedroom apartment is perfect for investors looking for a hassle free investment property to add to their portfolio.
The apartment is part of the hotel scheme provided by reputable Mantra Hindmarsh Square who maintains 4.5 star accommodation and quality service.

Last financial year the apartment boasted an excellent rental income of approx. $23,000 per annum Owners are also welcome to the 'Free' accommodation nights entitled throughout the year.
The city location is absolutely ideal for both holiday and corporate guests which keeps them coming back and the occupancy rates high.
The apartment itself is situated on the 5th floor with stunning east facing views over Hindmarsh Square, the Adelaide Hills and the city.
Fully furnished with stylish decor throughout, this modern apartment features two spacious bedrooms with built in robes, a generous bathroom, open plan living and dining, kitchenette complete with a dishwasher and a private balcony.
Further features include ducted reverse cycle air conditioning, internet access, cable TV & excellent security with swipe card access.
Guests staying at the Mantra Hindmarsh are made to feel very welcome with 24 hour reception & room service, concierge, laundry facilities, restaurant, bar & cafe, meeting & function suite & of course free use of the gymnasium.
Council Rates: $291.70 per quarter
SA Water Rates: $165.95 per quarter
Community Rates: $542 per quarter
Emergency Services Levy: $291.40 per annum
Call Toby Shipway for further information. Ph: 0413 600 919.

Property History for 517/61 Hindmarsh Sq, Adelaide, SA 5000

A timeline of how this property has performed in the market
  • 16 Jan 2013
    Listed for Sale $320,000 TO $330,000
  • 22 Nov 2011
    Listed for Sale $320,000 TO $330,000
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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 18,712 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:

  • The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 140 properties listed for sale, and 96 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1231 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.