2103/29 Angas Street, Adelaide SA 5000

2103/29 Angas Street, Adelaide SA 5000
A 113 square metre 2-bedroom 2-bathroom unit on level 21 of a 2018-built building in Adelaide’s CBD. It includes one car space and sits on a 14 square metre unit title lot. The high floor and modern construction set it apart from typical city stock. The high floor and substantial internal size are considered competitively strong in this suburb, where many units are smaller and at lower levels. The configuration of two bedrooms and two bathrooms with a car space is well suited to professionals or investors seeking premium CBD living. Its modern age is seen to reduce deferred maintenance concerns, and the elevated position is regarded as providing outlook and privacy. Buyers who value space and height are best served by this unit. The reported internal area discrepancy may be considered to affect valuation confidence, and the minimal lot size might be seen to influence lending criteria. The absence of private outdoor space could be viewed as a consideration. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2103/29 Angas Street, Adelaide SA 5000
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

14m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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