54-56 Carrington St, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

Carrington Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 390m2
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Property Details for 54-56 Carrington St, Adelaide

Building Type
Commercial
Year Built
2015
Land Size
390m2
Local Government
Adelaide
Lot/Plan
A745/F182397

Last Listing description (April 2025)

RWC Adelaide are proud to exclusively present for sale 54-56 Carrington Street, Adelaide.

Commonly known as the "Hanson Chambers", 54-56 Carrington Street has long been the home to one of Adelaide's premier barristers' chambers.


Key investment features:
- Core Adelaide CBD positioning, right amongst the Law Precinct and Central Market redevelopment
- Desirable corner allotment of 380sqm* with frontage of 13m* to Carrington Street and 30m* to Penny Place
- Impressive blend of character and modern built form covering 322sqm* configured for law chambers
- Leased to Hanson Chambers on a new three year term providing an estimated net income of $132,790 per annum plus GST
- Underlying Capital City zoning allowing future development up to 53m for mixed-use outcomes
- No stamp duty payable

54-56 Carrington Street, Adelaide, is offered for Sale by Expression of Interest closing Thursday 3rd of April at 4pm.

For further information please contact the exclusive selling agents at RWC Adelaide.

Property History for 54-56 Carrington St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$2,565,000
16 Jun 2025
  • 16 Jun 2025
    Sold for $2,565,000
  • 17 Apr 2025
    Listed for Sale Contact listing agent
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About Adelaide 5000

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 18,807 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:

  • The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 162 properties listed for sale, and 92 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1259 properties were sold in the past 12 months in Adelaide.

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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.