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Investment Property Prospect, SA, 5082

Suburb Snapshot

Prospect is a suburb in the Prospect Region of South Australia. Prospect has a population of 13,275 people and 28.63% of its occupants live in rental accommodation. The median listing price for houses is $997,500 and this has changed 25.47% over the past year and changed 11.45% over 2 years.

The median rent in Prospect for houses is $600 per week and the median rental yield is 3.12%. Stock on the market for houses/townhouses has changed 77.42% compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $475,000 and this has changed 13.36% over the past year. The average unit takes 70 days to sell and the median rent for a unit in Prospect is $465 per week, producing a rental yield of 5.09%.

Supply & Demand in Prospect, Prospect

0.82%

Current vacancy rate


55

Rental stock available


13,275

Population


28.63%

Rental population


0.71%

Current vacancy rate


64

Rental stock available


20,518

Population


28.85%

Rental population


0.49%

Current vacancy rate


4,378

Rental stock available


1,676,654

Population


25.08%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Prospect, Prospect

  House Townhouses Units
Median listing price $997,500 $742,500 $475,000
Median price change - last quarter 3.90% 3.84% 0.00%
Median price change - 1 year 25.47% 14.23% 13.36%
Median price change - 2 years 11.45% 36.23% 16.13%
  House Townhouses Units
Median weekly rent $600 $630 $465
Median yield % 3.12% 4.41% 5.09%
Median rent change - 1 year 9.09% 5.00% 3.33%
  House Units
Previous month sales 38 12
Stock on market previous month 55 5
Stock variance vs. last year 77.42% -50.00%
Average days on market 67 70

Prospect investment property listings

Showing 5 of 73 investment properties found in Prospect on realestateinvestar.com.au

Lot 53 Cochrane Tce, Prospect

$895,000

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CONSTRUCTION TO START MID 2025

This is an incredible opportunity to secure a luxurious tri-level townhouse in one of Adelaide's most sought-after inner-city suburbs. Designed with modern living in mind, this architecturally crafted home blends elegance and practicality for the ultimate lifestyle upgrade. Featuring superior ...

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Townhouse

SA 5082


35 Olive St, Prospect

$1,850,000

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Exquisite c.1910 Stone-Fronted Symmetrical Cottage

Resort-Style Living in Prestigious Prospect, Just 5km from the CBD Step into a world where timeless elegance meets modern luxury at 35 Olive Street, a recently renovated and extended circa-1910 stone-fronted symmetrical cottage. This sophisticated residence offers an unparalleled blend of period ...

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House

SA 5082


269 Prospect Rd, Prospect

$1,290,000

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Prime Opportunity in a Sought-After Location!

Positioned on an impressive 738sqm (approx.) allotment with a 15.24m frontage (approx.), this tastefully renovated stone-fronted residence presents a rare opportunity for investors, developers, and homeowners alike with a flexible floorplan. Located in the highly desirable Urban Corridor (Living) ...

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House

SA 5082


69B Boyle St, Prospect

$1,295,000

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Architecturally Designed, Fixed Price Custom Home in the Heart o

Ready to Build | Torrens-Titled | Approved Plans | Custom Finishes Discover this stunning House and Land package that awaits you in the prestigious suburb of Prospect. Nestled in a serene street in the heart of Prospect, this Torrens-titled residence, currently in the pre-construction phase, has ...

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House

SA 5082


18 Labrina Ave, Prospect

$1,600,000

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Location Doesn't Get Better Than This!

Open Inspections on the 12th & 13th of April have been cancelled, apologies for any inconvenience. Welcome to a home that ticks all the boxes! Inspections By Appointment. Please call or email for further information and to arrange a private viewing. Say hello to easy living in this feel good ...

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House

SA 5082


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