1/81 Albert StreetProspect SA 5082
Property Details for 1/81 Albert St, Prospect
1/81 Albert St, Prospect is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1978. The property has a land size of 696m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 6 bedroom Unit sold in Prospect in the last 12 months.
Last Listing description (May 2026)
Welcome to Units 1-3/81 Albert Street, a rare and fantastic opportunity in the highly sought after suburb of Prospect. This unit complex has been tightly held for well over 40 years and is an opportunity you will not want to miss.
Set on a single title with a total allotment size of 696sqm (Approx), the property comprises three two bedroom units, each offering a practical and consistent layout. Every unit features two generous bedrooms, a central bathroom, and a comfortable living space. Unit 1 features a split-system air-conditioner for year round comfort.
At the rear of the property, tenants have access to a shared laundry facility and storage room, while each unit benefits from a designated carport space at the front. Additional off-street parking is available along Albert Street.
UNIT 1 - Vacant
UNIT 2 - Tenanted @ $250 per week - Periodic Lease
UNIT 3 - Tenanted @ $250 per week - Periodic Lease
Ideally positioned in the blue-chip suburb of Prospect, these units enjoy exceptional proximity to a wide range of local amenities and everyday conveniences. Public transport is effortlessly accessible, with multiple bus stops along Churchill Road, as well as nearby train access via the Islington and Dudley Park stations. Commuting to the Adelaide CBD is quick and convenient, with an easy drive of approximately 15-20 minutes. For shopping and lifestyle needs, both Bunnings Prospect and the Churchill Centre are just moments away, featuring major retailers such as Costco, Coles, and a variety of popular dining options. Offering outstanding accessibility and convenience in a highly sought-after location, this is a position that truly delivers on all fronts.
Whether you're expanding your portfolio or entering the investment market, this is a rare chance to secure multiple income streams under one title in a thriving area. These unit complexes are becoming increasingly sought after due to the greater rental yields on offer as well as less risk with the rents being spread across three different units.
Get in quick, this will not last!
Land // 696sqm (Approx)
Frontage // 15.24m (Approx)
Council // City of Prospect
Council Rates // $1556.00 per unit per annum
Water Rates // TBA
Year Built // TBA
As the property is being sold via the way of Auction, we highly recommend all prospective purchasers review the Vendors Statement (Form 1) and Contract of Sale which can be inspected at the First National Salisbury Office (2/10 Commercial Road, Salisbury SA 5108) for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Property History for 1/81 Albert St, Prospect, SA 5082
- 16 May 2026Sold for $1,500,000
- 27 Apr 2026Listed for Sale SOLD AT AUCTION!
- 17 Nov 2022Listed for Rent $250 / week
Recent sales nearby
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About Prospect 5082
The size of Prospect is approximately 5.0 square kilometres. There are 18 parks, covering nearly 3.1% of the total area. The population of Prospect in 2016 was 13280 people. By 2021 the population was 14584 showing a population growth of 9.8% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation.In 2021, 62.80% of the homes in Prospect were owner-occupied compared with 65.10% in 2016.
Prospect has 7,148 properties. Over the last 5 years, Houses in Prospect have seen a 87.38% increase in median value, while Units have seen a 85.61% increase. As at 30 April 2026:
- The median value for Houses in Prospect is $1,539,899 while the median value for Units is $676,516.
- Houses have a median rent of $650 while Units have a median rent of $565.
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