42 Milner St, Prospect is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1885. The property has a land size of 803m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Prospect in the last 12 months.
Exceptional opportunity to further renovate and extend (stpc). A rare offering in this super popular location, sited on a substantial land holding of 803sqm (approx). This generous stone fronted symmetrical cottage, circa 1885 (approx), reflects its heritage with original features which include fire surrounds and lofty ceilings. The central hallway with new timber flooring accesses three recently carpeted bedrooms and living room with gas heater, a neat and tidy eat-in kitchen and main bathroom. The rear lean-to houses a basic laundry, separate bath and an outside WC. Entertaining family and friends is easy under the all weather pergola and in the expansive north-facing private rear garden, where plenty of potential awaits. Enjoy the established garden with numerous fruit trees including fig, quince, lemon, apricot and a veggie patch which adds to the lifestyle on offer. An auto roller door provides secure garaging for 2 cars, one additional off street car park plus handy work shed and garden shed. Perfectly positioned a short stroll to vibrant Prospect Rd with its cinema complex, eateries, boutiques, Schinella's Fresh Food and Aldi. A choice of excellent schools nearby, zoned for both Prospect Primary and Nailsworth Primary, Adelaide and Botanic High Schools with Rosary School and Blackfriars around the corner. Council Rates | $2,796.90 paSA Water | $265.20 pqESL | $223.75 paYear Built | 1885Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
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 7,118 properties. Over the last 5 years, Houses in Prospect have seen a 100.12% increase in median value, while Units have seen a 76.66% increase. As at 30 November 2025:
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