1/302 Young St, Wayville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 71m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Auction Location: On site
PRIME INNER-CITY OPPORTUNITY
Presenting an exceptional option for savvy investors or first-home buyers, this charming two-bedroom unit epitomises strategic investment in one of South Australia's most sought-after suburbs.
With unrivalled proximity to the Adelaide CBD and a wealth of amenities, this property is set to deliver robust returns and strong capital growth for years to come.
Currently tenanted until February 2025 at $450/week, this home's recent updates to the kitchen and bathroom ensure a modern living experience, blending comfort with style. The low-maintenance design allows for hassle-free management, making it an ideal choice for those looking to minimise expenditure and maximise profitability.
The key attraction of this property is its unbeatable location. Nestled just 1 km south of the CBD and with public transport options on your doorstep, it offers tenants the luxury of city living without the frenetic pace. The Goodwood Road precinct is within walking distance, providing a delightful array of pubs, cafes, and boutique shops, ensuring a vibrant lifestyle. Moreover, the Adelaide Showgrounds and the popular Farmer's Market are mere moments away, providing weekend entertainment and fresh local produce.
The property falls within the catchment zones for some of the state's most highly regarded public schools. It is zoned for Adelaide and Adelaide Botanic High Schools, as well as Goodwood Primary School, which enhances its appeal to tenants and underscores its potential for rental income growth.
The presence of Drakes Wayville nearby ensures convenient access to grocery shopping, while public transport connectivity simplifies commuting, making it an ideal residence for professionals seeking quick access to the CBD.
From an investment perspective, Wayville itself is a suburb poised for continuous growth. Its desirability is underscored by increasing property values and strong rental demand driven by its proximity to educational institutions, recreational facilities, and the central business district.
This property represents a compelling proposition for buyers striving to secure a home in a location brimming with convenience and lifestyle benefits. With its strategic positioning, updated amenities, and minimal upkeep requirements, it stands as a top-tier choice that promises substantial growth and secure returns. Engage with this opportunity now to enrich your portfolio with a property that truly outshines the competition.
Home highlights:
- Updated kitchen
- Updated bathroom
- Modern appliances
- Two good-sized bedrooms
- Off-street parking space
Shopping:
- 450m to Drakes Wayville
- 5 minutes to Unley Shopping Centre
- 2 minutes to Goodwood Rd shopping precinct
Local attractions, entertainment and conveniences:
- 5 minutes to the Adelaide CBD
- 2 minutes to the Wayville Reserve
- 9km to Glenelg Beach
- 2 minutes to Goodwood Road shops, pubs, cafes and restaurants
- 5 minutes to King William Road retail and dining precinct
Education:
- Zoned to Goodwood Primary School
- Zoned to Adelaide High School and Adelaide Botanic High School
Method of Sale:
- Auction at 10.30am on Saturday, August 17 (unless sold prior)
Disclaimer:
Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, TOOP+TOOP makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
For more information:
Contact Ben Scadden of TOOP+TOOP Real Estate on 0401 573 580
The size of Wayville is approximately 1.1 square kilometres. There are 2 parks, covering nearly 1.7% of the total area. The population of Wayville in 2016 was 1835 people. By 2021 the population was 1922 showing a population growth of 4.7% in the area during that time. The predominant age group in Wayville is 20-29 years. Households in Wayville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wayville work in a professional occupation.In 2021, 52.10% of the homes in Wayville were owner-occupied compared with 50.80% in 2016.
Wayville has 1,122 properties. Over the last 5 years, Houses in Wayville have seen a 111.86% increase in median value, while Units have seen a 75.86% increase. As at 30 June 2026:
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