1303/242 Flinders Street, Adelaide SA 5000

1303/242 Flinders Street, Adelaide SA 5000
North facing | modern 2014 build | 1-bedroom city apartment | Adelaide High School catchment | lock-up-and-leave appeal This apartment is competitively positioned as a modern, low-maintenance unit in a central Adelaide location. Its north aspect and immaculate presentation place it above typical older CBD stock, offering natural light and a fresh interior that appeals strongly to young professionals, downsizers, and investors. The 2014 construction year and inclusion of balcony, dishwasher, and split-system air conditioning reinforce a turnkey quality that older units often lack. Being within the Adelaide High School catchment adds a layer of demand from families seeking proximity without sacrificing city convenience, making this property well-suited for those prioritising lifestyle efficiency over space. The value of this property may be influenced by its smaller floorplate typical of one-bedroom apartments, which could limit appeal for buyers seeking more generous living areas. The medium energy-efficiency rating of 6/10 might be a consideration for those focused on long-term running costs. While the building’s modern amenities and central location support strong rental demand, the lack of confirmed floor level or outlook means a buyer should verify the actual views and noise exposure before forming a final price view. These factors are worth weighing but do not diminish the property’s core strengths.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1303/242 Flinders Street, Adelaide SA 5000
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Adelaide’s market is defined by exceptionally tight supply, creating a competitive environment that is driving strong price growth across both houses and units. Demand is underpinned by a diversified local economy and relative affordability compared to eastern capitals, attracting both active buyers and new entrants. This supply-demand imbalance, coupled with improving borrowing conditions, supports sustained upward momentum. However, sharply rising entry prices present a significant constraint for first home buyers, while limited new listings and construction timelines continue to pressure overall market activity.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

78mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat