Back 10/196 North Terrace
Off Market

10/196 North Terrace

Adelaide SA 5000

1
1
45 m²
Apartment
Last sold for $350,000
Guy MeasdayGuy Measday, last sold this property on 31 July 2025 after 29 days on market.

Overview

Fantastic investment opportunity or affordable city base

Situated in this iconic character building overlooking the State Library and War Memorial with Rundle Mall at your doorstep. Currently managed by Unilodge and rented at $500 p.w. to 2/26. Suitable for owner-occupiers or short-term rentals. You'll love: - Close to all the action with a tram stop at your front door - Separate double bedroom - Modern bathroom - Light and bright kitchen, living and dining overlooking North Terrace - Fully furnished - Split system air conditioning - Communal laundry facilities - Secure entry A rare and affordable opportunity to buy in the heart of the city and add your own touches or alternatively, a hands-free long-term investment property. Admin Levy / $918 p.q. Sinking Fund / $87 p.q.

Features

1 bedroom
1 bathroom
45 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 10/196 North Terrace is $470k.

Median value
$470k
Estimated value range
$131.5k - $650k
Median days on market
29
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Adelaide. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/196 North Terrace

2025
Sold
$350,000
Private Sale/Treaty on 31 Jul 2025 by Guy Measday, of Turner Real Estate Wayville

Happy sellers in Adelaide

93%
93% of sellers in Adelaide reported that their sale price either exceeded or met their price expectations.

Adelaide stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 190 one-bedroom apartments similar to 10/196 North Terrace, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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