Back 1.4/242 Flinders Street
Off Market

1.4/242 Flinders Street

Adelaide SA 5000

2
1
78 m²
Apartment
Last sold for $425,000
Josh EdgarJosh Edgar, last sold this property on 27 June 2025 after 24 days on market.

Overview

Urban convenience; Invest or rest here on Flinders Street

Currently leased until 21/8/25 at $520 p.w. Market rent: $530 - $550 p.w. Nestled in the heart of Adelaide, this neatly-presented apartment offers the perfect fusion of comfort and city convenience. Situated at 1.4/242 Flinders Street, it's an ideal choice for first home buyers, professionals, downsizers, empty nesters, and savvy investors alike. Enter inside to discover an open-plan living area that promises a seamless flow of space and light. The north-facing balcony bathes the interior in natural light, providing a cosy spot for morning coffees or evening wind-downs. With two well-sized bedrooms, there's ample room for restful nights and personal space. The apartment's design is all about low-maintenance living. Say goodbye to weekend chores and hello to a lock-and-leave lifestyle, allowing you to enjoy the vibrant life Adelaide has to offer without the hassle of constant upkeep. Convenience is key, with this urban abode placing you within easy reach of Adelaide's finest cafes, shops, and cultural hotspots. Whether you're commuting or exploring, everything is within reach of this central location. This property offers more than just a place to live; it's a chance to embrace the pulse of city living while enjoying peace of mind. Secure your slice of Adelaide's vibrant scene today, before someone else seizes this unique opportunity. Year Built / 2014 Council / City of Adelaide Council Rates / $353.05pq approx Strata / $823pq approx Water & Sewer Supply / $165.55pq Rent Appraisal / $530 - $550 p.w. Speak to TURNER Property Management about managing this property #expectmore RLA 62639

Features

2 bedrooms
1 bathroom
78 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Adelaide over the last 12 months, the estimated median property value of 1.4/242 Flinders Street is $660k.

Median value
$660k
Estimated value range
$310k - $1.49m
Median days on market
30
Estimated value trend
16%
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 1.4/242 Flinders Street

2025
Sold
$425,000
Private Sale/Treaty on 27 Jun 2025 by Josh Edgar, of Turner Real Estate Wayville
2024
Rented
Undisclosed
Leased on 18 Aug 2024 by 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 2 bedroom apartments in Adelaide

In the last 12 months, 281 two-bedroom apartments similar to 1.4/242 Flinders Street, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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