105/227 Prospect Road, Prospect, SA 5082 | Property Value & History | OnTheHouse
OFF MARKET

105/227 Prospect Road
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 664m2
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Property Details for 105/227 Prospect Rd, Prospect

105/227 Prospect Rd, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 664m2 and floor size of 68m2.

Building Type
Unit
Year Built
1975
Floor Size
68m2
Land Size
664m2
Local Government
Prospect

Last Listing description (May 2019)

Plus, you will save $9,524 in stamp duty if you purchase prior to June 30 2018.**
Additionally for a very limited time there is a bonus of $10,000 via a government grant for any off the plan purchases that occur prior to September 30 2017.
So you need to hurry if you want to save $19,524 right now and secure one of these fabulous apartments in Prospect.

Attention investors
Prospect is one of the fastest developing areas around the city and this development will surely become a landmark site in the future.
Just 3 kilometres from North Adelaide and less than 6 kilometres to the CBD this location will suit a number of buyers including city workers, first home buyers, students and investors.
Within 2 kilometres you will find a Bunnings outlet, 2 major shopping centres, Costco, K-Mart, Aldi, all the major banks plus much much more.
All apartments are extremely spacious, light filled, and have modern designs that come with good size balconies and secure entry with under croft parking.

Now if you are an Investor you can own this property for as little as $14 per week, no that s not a mistake just $14 per week is all you will need to get into this fabulous apartment.*
How is this possible? Well, when you buy a property as an investor you also receive rent and tax rebates. Taking all of this into consideration the balance that you should pay is incredibly only $14 per week. Please take the time to call us so we can explain how easy it could be to become an investor for just $14 per week.
Attention First home buyer
First home buyers the news is even better as you not only save thousand in stamp duty you will also receive $25,000 from government grants up until September 30th 2017.
That s right, thousands in stamp duty savings and receive grants worth $25,000 .
This offer is truly unbelievable and not worth missing.
Positioned prominently on the corner of Prospect Road and Regency Roads, this development has excellent access to public transport which can have you arriving in the city or North Adelaide in minutes.
Prospect Road has been going through a major upgrade in the past 2 years and continues to be a popular area for a diverse group of business people and residents.
It s only a short walk to the shopping precinct of Prospect where you will find a number of cafes, restaurants, fresh fruit and veg and a brand-new cinema complex all for your convenience.
Features of your apartment will include
Reverse cycle air-conditioning
Large, private balconies for each apartment
Excellent size kitchens that come with stainless steel appliances including dishwasher
Stone bench top to the kitchen
Excellent storage space
Intercom communication from the entrance foyer
Garaged under croft parking
Choice of two colour schemes
Ensuites are available in half of the properties
Plus massive discounts in stamp duty if you purchase one of these apartments before June 30 2018.
Call today on 1300 719 412 or
go online at www.tipsolutions.com.au to book an appointment and we will be happy to discuss the options with you.
*$14 pw is based on purchasing a property as an investor and renting the property to tenants, it also takes into consideration the refund you will receive form the tax department and is based on an apartment package loan of $334,000, interest only of 4.65%, running costs $111 pw, estimated rent $310 pw & $85 pw being an average tax refund assuming income tax bracket of 32.5cents. Sufficient equity required to fund purchase.
**discounted Stamp Duty offer will expire at June 30, 2018 and contracts must be signed by that time to qualify. Normal stamp duty on apartment with purchase price of $334,000 is $13,030, however an off the plan concession applies where construction hasn't yet started at time of signing the contract of $9,524, with total payable in stamp duty being $3,506 refer Revenue SA for full terms and conditions.
Disclaimer: Total Investment Property Solutions offer this information as an example only. Before making any decision whether to purchase an investment property you should seek your own independent professional advice tailored to your specific needs and circumstances. This content is not to be taken as legal or financial advice. Offer is made at 4/7/2017 and will expire once all properties are sold or withdrawn from market. RLA 262420

Property History for 105/227 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
  • 30 Aug 2017
    Listed for Sale Not Disclosed
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About Prospect 5082

The size of Prospect is approximately 5.0 square kilometres. It has 18 parks covering nearly 3.1% of 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 7,121 properties. Over the last 5 years, Houses in Prospect have seen a 95.15% increase in median value, while Units have seen a 80.18% increase. As at 31 December 2025:

  • The median value for Houses in Prospect is $1,539,077 while the median value for Units is $645,147.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 16 properties listed for sale, and 20 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 414 properties were sold in the past 12 months in Prospect.

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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.