8/40 Gilbert Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
 
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8/40 Gilbert Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 86m2
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Last updated 30 Mar 2026
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Property Details for 8/40 Gilbert St, Adelaide

8/40 Gilbert St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 86m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2012
Floor Size
61m2
Land Size
86m2
Local Government
Adelaide
Lot/Plan
F8/C27483

Last Listing description (September 2024)

Welcome to Apartment 8/40 Gilbert Street, nestled in the vibrant heart of the CBD. This beautifully appointed 2-bedroom apartment offers a premium lifestyle in a low-rise boutique group of 12, strategically located just moments away from Adelaide's finest dining, shopping, and cultural hotspots.

Step inside to discover generously designed living spaces that exude a timeless contemporary charm. The apartment features timber floors throughout, complemented by downlights and large windows that flood the rooms with ample natural light, creating a warm and inviting atmosphere.

Security and convenience are paramount, with secure undercover parking ensuring your peace of mind. You'll also benefit from intercom access on the street level and a secure elevator providing direct access to your apartment, making coming and going a breeze.

Take a moment to relax and unwind on your private north facing balcony, offering stunning views of the city and providing the perfect spot to soak up the sun or enjoy a quiet evening.

The sleek and modern kitchen is a chef's delight, boasting stainless steel appliances, a stone bench, cooktop, mirror splashback, and an integrated fridge. Whether you're preparing a gourmet meal or simply enjoying your morning coffee, this kitchen offers both style and functionality.

Both bedrooms are designed with your comfort in mind, featuring split system air conditioning for personalized climate control. The second bedroom offers the flexibility of converting into a study or guest room, making it ideal for professionals, couples, or investors seeking a premium urban lifestyle. The bathroom, complete with floor-to-ceiling tiles and laundry facilities.

You'll have the convenience of:
-A supermarket and bottle shop within 50 metres
-Coffee shops adjacent
-Glenelg tram within 100 metres
-Easy walk to the Central Market
-Pulteney Grammar School 200 metres up the road

Don't miss this opportunity to make Apartment 8/40 Gilbert Street your new home.

Specifications:
CT / 6101/326
Council / Adelaide
Zoning / CC
Built / 2012
Council Rates / $2,028.55pa
SA Water / $79.50pq
Strata Manager / ASCM
Strata Rates / $1,036.01pq
ES Levy / $123.30pa
Estimated rental assessment: $550 - $580 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Gilles Street P.S, Sturt Street Community School, Goodwood P.S, Adelaide H.S, Adelaide Botanic H.S, Mitcham Girls 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 | 226409

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Property History for 8/40 Gilbert St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$568,405
09 Jul 2024
Listed for Rent
$460/w
10 Jan 2018
  • 09 Jul 2024
    Sold for $568,405
  • 16 May 2024
    Listed for Sale Not Disclosed
  • 04 Jan 2018
    Listed for Rent - Price not available
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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 18,783 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 142 properties listed for sale, and 95 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1257 properties were sold in the past 12 months in Adelaide.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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