3/23 Azalea St, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 140m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Hard to surpass, this perfectly positioned two bedroom unit provides a unique opportunity for homebuyers or investors to acquire this delightful solid brick home. Currently tenanted providing income from the get-go with the potential to upgrade in the future, this property is sure to please.
Located in one of Prospect's premiere streets and only 5 KMS to the CBD with easy walk to Prospect Village, North Adelaide, leafy parks plus eateries & coffee houses, this is truly opportunity knocking. Many homebuyers and investors are choosing to invest in Prospect due to its great caf lifestyle, local cinema, boutique shopping, CBD proximity and importantly school zoning for both Adelaide & Botanic High.
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 7,138 properties. Over the last 5 years, Houses in Prospect have seen a 92.15% increase in median value, while Units have seen a 81.96% increase. As at 31 March 2026:
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