58-60 Carrington Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

58-60 Carrington Street
Adelaide SA 5000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 297m2
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Property Details for 58-60 Carrington St, Adelaide

Building Type
Land
Land Size
297m2
Local Government
Adelaide
Lot/Plan
A744/F182396

Last Listing description (July 2023)

Savills is pleased to offer this versatile development site in the heart of the Adelaide CBD of 297sqm* at 58-60 Carrington Street, Adelaide.

This property has an appealing city frame position in the growing south-eastern pocket of the Adelaide CBD in close proximity to the Law Courts Precinct, Calvary Hospital and the Adelaide Central Markets. This offering is also nearby many popular cafes, restaurants and bars with easy access to public transport.


* High demand CBD development site of 297sqm*
* Dual street frontages with right of way access via Penny Place
* Over 9 metres frontage to Carrington Street
* Car park holding income
* Would suit a variety of development outcomes and mixed use opportunities
* Easy access to public transport and amenity
* Zoned Capital City within the Adelaide City Council height limit 53 metres

For sale via Expression of Interest campaign closing 30th March 2023 at 4pm. Unless sold prior.

For any further information please contact the exclusive selling agents.

*Approximate
RLA1786

Property History for 58-60 Carrington St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$1,540,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $1,540,000
  • 27 Feb 2023
    Listed for Sale Contact Agent
  • 31 Jan 2000
    Sold for $222,000
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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 18,504 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:

  • The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 138 properties listed for sale, and 97 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1250 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.