2104/421 King William Street, Adelaide SA 5000
2104/421 King William Street, Adelaide SA 5000
1-bed apartment in 2015 signature building with pool/gym/carpark|Secure entry, balcony, south-east views, leased to Aug 2026|Young professional hub
Compact 1 bed/1 bath unit suits young professionals or investors seeking low-maintenance CBD living. Offers secure parking with direct lift, open kitchen/meals area, split system AC, dishwasher and generous balcony for morning views over hills/parklands. Building amenities include pool/gym, strata $1148/qtr. Positioned in high-density residential zone with NBN fibre/5G coverage, no overlays. Catchment for Adelaide High School, 0.4km to transport. Appeals to downsizers or renters in 20-39 demo dominating area. Demand solid for secure, amenity-rich units amid urban influx. Advantages: trams/buses doorstep, vibrant core access. Risks: strata costs, limited space for families. Growth from CBD expansion/new projects nearby, stable tenant profile boosts yield potential.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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Market Insight:
Adelaide 5000 demand remains underpinned by chronic inventory shortages and tight rental dynamics; CoreLogic shows city dwellings up 1.2% in January and 4.7% over the quarter to February 2026 while just 19 houses listed versus 2,877 registered buyers keeps competition intense. (( Investors and owner-occupiers are buying because the CBDΒs proximity to universities, government desks and cultural precincts supports $680/week rents that rose 4.6% year-on-year, while the $300m 200 North Terrace towers and the stateΒs $500m apartment construction underwriting keep the infill pipeline visible. (( The biggest risk is the new expectation that the RBA will lift the cash rate to around 3.85%, which can test first-home buyers, yet the same supply squeeze keeps well-timed buyers able to capture renewed value as stock stays tight. ((
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
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