153 - 163 Drayton Street represents a compelling opportunity to acquire an exceptional future development site in what is unquestionably one of Adelaide s fastest developing and most progressive precincts.
Although one of Adelaide s oldest suburbs, recently thriving Bowden has undergone a dramatic transformation and resurgence on the back of the State Government s highly successful flagship Bowden project. Bowden s success is not surprising given the suburbs proximity to the Adelaide CBD and its accessibility to exceptional surrounding amenity. This location has it all.
With the property being zoned under a mix of Residential Character (Precinct 66) and Mixed Use (Precinct 47), the opportunity exists for various forms of flexible accommodation with a range of commercial, retail and residential uses promoted (STNC).
The size of Bowden is approximately 0.4 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Bowden in 2016 was 911 people. By 2021 the population was 1808 showing a population growth of 98.5% in the area during that time. The predominant age group in Bowden is 20-29 years. Households in Bowden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bowden work in a professional occupation.In 2021, 39.50% of the homes in Bowden were owner-occupied compared with 30.50% in 2016.
Bowden has 1,634 properties. Over the last 5 years, Houses in Bowden have seen a 83.04% increase in median value, while Units have seen a 66.48% increase. As at 30 November 2025:
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