702/62 South Terrace, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

702/62 South Terrace
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Last updated 9 Mar 2026
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Property Details for 702/62 South Tce, Adelaide

702/62 South Tce, Adelaide is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a floor size of 80m2.

Building Type
Unit
Year Built
2021
Floor Size
80m2
Local Government
Adelaide

Last Listing description (October 2025)

A premium top-floor apartment that offers breathtaking views of the parklands, Adelaide suburbs plus hills. This modern two-bedroom, two-bathroom apartment is designed with high-end finishes, making it an ideal choice for professionals, downsizers, or investors.

Key Features:
Spacious Open-Plan Living: The apartment boasts luxurious hybrid flooring and a full-width balcony, allowing for all-weather outdoor entertaining while welcoming abundant natural light.

Designer Kitchen: Equipped with Miele appliances, stone bench tops, an island bench, and a pantry, making it perfect for home chefs.

Elegant Bedrooms: The master bedroom features a private balcony, built-in robes, and an ensuite, while the second bedroom offers flexibility as a guest room, study, or home office.

Stylish Bathrooms: Both bathrooms are luxuriously appointed with floor-to-ceiling tiles, rain showerheads, and wall-hung vanities.

Premium Comfort: Includes Fujitsu split-system air conditioning, double-glazed sliding balcony doors, and LED downlights.

Secure Parking & Storage: Comes with an appointed secure car space and generous storage cage (located on level 2).

Connectivity & Security: The apartment is NBN-ready, features a security system, and is located in a highly sought-after area.

Other features we love:
- High percentage of owner occupiers reside in the complex
- Body Corporate Fees inc. Gas supply to apartment
- Intercom access
- Bike storage area on ground level
- Hybrid flooring in living areas
- Carpeted bedrooms
- Fully tiled balcony with glass balustrade
- Kitchen island bench top with breakfast bar

The ultimate apartment if you're looking for views across the parklands and beyond - be sure to inspect.

Specifications:
CT / 6265/431
Council / Adelaide
Zoning / CC
Built / 2021
Council Rates / $2,456pa
Community Rates / $1,748.40pq
Community Manager / Strata Management SA
Emergency Services Levy / $226pa
SA Water / $220pq
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Sturt Street Community School, Gilles Street P.S, Goodwood P.S, Richmond P.S, Adelaide H.S, Adelaide Botanic H.S

Disclaimer: 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 and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 343664

Property History for 702/62 South Tce, Adelaide, SA 5000

A timeline of how this property has performed in the market
Listed for Rent
$765/w
04 Jul 2023
  • 06 Jun 2025
    Listed for Sale $860,000-$890,000
  • 23 Jun 2023
    Listed for Rent $765 / 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 18,740 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 135 properties listed for sale, and 95 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1262 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.