7/40 Gilbert Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

7/40 Gilbert Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 61m2
Land area: 85m2
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Last updated 12 Jan 2026
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Property Details for 7/40 Gilbert St, Adelaide

7/40 Gilbert St, Adelaide is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 85m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2012
Floor Size
61m2
Land Size
85m2
Local Government
Adelaide
Lot/Plan
F7/C27483

Last Listing description (May 2023)

This modern, two-bedroom apartment is situated in a desirable location in the heart of Adelaide. Located in a secure building, just a short walk from the Adelaide Central Markets, the apartment is surrounded by a vibrant mix of cafes, restaurants, and shops. Inside, the apartment offers a spacious living and dining area, two generous bedrooms, a fully-equipped kitchen, and a modern bathroom. The apartment also boasts a large private balcony, perfect for entertaining friends and family or enjoying a quiet cup of coffee. With its central location, this property is ideal for anyone wanting to be close to the action of the city.

FEATURES YOU'LL LIKE:


Two generous bedrooms
Spacious living and dining area
Fully-equipped kitchen
Modern bathroom
Large private balcony
Secure building
Short walk from Adelaide Central Markets
Surrounded by a vibrant mix of cafes, restaurants, and shops
Ideal central location

PROPERTY DETAILS
Council / City of Adelaide
Council Rates / $486.50 p/q approx.
Strata Fee / $878.00 p/q approx.
SA Water / $203.95 p/q approx.
ESL / $121.50 p/a approx.

For further questions please contact William Bai on 0402 427 738.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 7/40 Gilbert St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$529,000
15 May 2023
Listed for Rent
$450/w
17 Nov 2012
  • 15 May 2023
    Sold for $529,000
  • 01 Mar 2023
    Listed for Sale Under Contract
  • 16 Jan 2014
    Sold for $480,000
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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 18,499 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 139 properties listed for sale, and 94 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1247 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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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.