4/50 Rose Street, Prospect, SA 5082 sold on 05 August 2026 | OnTheHouse
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Sold on 05 Aug 2026 for $585,000

4/50 Rose Street
Prospect SA 5082

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 62m2
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Property Details for 4/50 Rose St, Prospect

4/50 Rose St, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 62m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Prospect in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
69m2
Land Size
62m2
Local Government
Prospect
Lot/Plan
U4/S5573

Last Listing description (August 2026)

Accommodation
An exceptional opportunity awaits to purchase one of two renovated second-level units within a small, tidy group of only four residences. Offering identical floorplans and modern updates throughout, these low-maintenance residences present an ideal opportunity for savvy investors seeking immediate rental income or first home buyers looking to secure a foothold in the highly sought-after suburb of Prospect upon lease expiry.

Unit 3 is securely leased at $485 per week until the 13th June 2027, while Unit 4 is leased at $485 per week until 4th July 2027, providing an attractive set-and-forget investment from day one.

Inside, both units offer a light-filled layout featuring two generous bedrooms, each complete with built-in wardrobes, ceiling fans and soft carpeting for year-round comfort. Floating timber-look flooring flows throughout the main living areas, complementing the fresh neutral dcor.

The updated white laminate kitchens are both stylish and practical, boasting generous bench space, ample cabinetry and a four-burner gas cooktop, making meal preparation a pleasure. The renovated bathrooms showcase contemporary floor-to-ceiling tiling, while the spacious lounge is serviced by a split system air conditioner to ensure comfort throughout the seasons.

Each unit also enjoys the convenience of its own allocated carport.

Whether you're looking to expand your investment portfolio, secure a quality long-term asset or plan ahead for your first home, these impressive units offer flexibility, convenience and exceptional value in one of Adelaide's most desirable city-fringe suburbs.

Key Features
-Rare opportunity to purchase one of two renovated second-level units
-Small and well-maintained group of only four residences
-Unit 3 leased at $485 per week until 13/06/2027
-Unit 4 leased at $485 per week until 04/07/2027
-Two spacious bedrooms
-Built-in wardrobes to both bedrooms
-Ceiling fans to both bedrooms
-Floating timber-look flooring throughout living areas
-Carpeted bedrooms
-Updated white laminate kitchen
-Generous bench space and ample cabinetry
-Four-burner gas cooktop
-Renovated bathroom with floor-to-ceiling tiling
-Split system reverse-cycle air conditioning to lounge
-Allocated carport
-Outstanding investment or future owner-occupier opportunity

Lifestyle - Why You'll Love Living in Prospect
Renowned as one of Adelaide's most vibrant and tightly held inner-city suburbs, Prospect continues to attract buyers with its cosmopolitan atmosphere, excellent connectivity and outstanding lifestyle amenities.

Enjoy the boutique shopping and dining precinct along Prospect Road, home to an exciting mix of cafs, artisan bakeries, wine bars and popular restaurants including Anchovy Bandit, Muratti Cakes & Gateaux, Cibo Espresso, The Palace Nova Cinema and numerous local eateries.

Local shopping amenities include Northpark Shopping Centre, Sefton Plaza, Churchill Centre and Adelaide CBD, while major supermarkets, specialty retailers and essential services are all within easy reach.

Public transport is excellent, with frequent bus services along Prospect Road and Main North Road, together with nearby train access providing an easy commute into the Adelaide CBD, only approximately 10 minutes away.

Families will appreciate the quality local schooling options including zoning for Prospect Primary School and Adelaide Botanic High School. You also have a range of respected private colleges including Blackfriars Priory School, St Dominic's Priory College, Our Lady of the Sacred Heart College and Prince Alfred College all within close proximity.

*Disclaimer: Raine & Horne Unley try their absolute best to obtain correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should seek independent legal advice if they wish to proceed. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 4/50 Rose St, Prospect, SA 5082

A timeline of how this property has performed in the market
Last Sold
$585,000
05 Aug 2026
Listed for Rent
$320/w
25 Jun 2020
  • 05 Aug 2026
    Sold for $585,000
  • 30 Jun 2026
    Listed for Sale $550,000 - $600,000
  • 08 May 2020
    Listed for Rent $320 / week
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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 7,161 properties. Over the last 5 years, Houses in Prospect have seen a 75.00% increase in median value, while Units have seen a 89.38% increase. As at 31 July 2026:

  • The median value for Houses in Prospect is $1,584,856 while the median value for Units is $702,395.
  • Houses have a median rent of $673 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Prospect on OnTheHouse. According to Cotality's data, 316 properties were sold in the past 12 months in Prospect.

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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.