304 Prospect Road, Prospect, SA 5082 sold on 10 July 2025 | OnTheHouse
 
SOLD
Sold on 10 Jul 2025 for $1,725,000

304 Prospect Road
Prospect SA 5082

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 1040m2
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Property Details for 304 Prospect Rd, Prospect

304 Prospect Rd, Prospect is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1040m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Prospect in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
113m2
Land Size
1040m2
Local Government
Prospect
Lot/Plan
A10/D2613

Last Listing description (November 2025)

A rare opportunity exists to secure a development site that has been tightly held within the same family for many decades. The three-bedroom home was built in 1940 and holds many wonderful memories over three generations.

Situated on a 1040.51sqm allotment on the corner of Prospect Road and Alabama Avenue, this is a smart development site ideal for townhouses, apartments, or multiple dwellings of your choice (subject to Council consents).

This solid home that is currently occupied, is in great condition and consists of 3 spacious bedrooms, 1 large bathroom, generous living, high ceilings, and it still has the chook sheds, garaging, and the original brick maker machine that was used to make every brick in the adjoining property on Alabama Avenue. There is existing consent for dual driveway access off of Prospect Road and Alabama Avenue.

Perfectly positioned within close proximity to the trendy cafes, restaurants, medical facilities, and the cosmopolitan shopping that Prospect has to offer, as well as having North Adelaide and the CBD just 5-10 minutes' drive down the road, this will be an attractive package for someone looking to put their mark on this prestigious suburb surrounded by other quality developments.

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Property History for 304 Prospect Rd, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$1,725,000
10 Jul 2025
Listed for Rent
$570/w
31 Aug 2025
  • 01 Aug 2025
    Listed for Rent $570 / week
  • 10 Jul 2025
    Sold for $1,725,000
  • 09 Apr 2025
    Listed for Sale Contact Agent
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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 7,120 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 19 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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