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Back 201/304 Waymouth Street
Off Market

201/304 Waymouth Street

Adelaide SA 5000

1
1
27 m²
Studio
Last sold for $185,000
Toby ShipwayToby Shipway, last sold this property on 12 June 2025 after 16 days on market.

Overview

**SOLD BY TOBY SHIPWAY - TO GET THE MAXIMUM PRICE WITH MINIMUM FUSS CONTACT TOBY SHIPWAY**

Prime Investment or Affordable City Living Perfectly positioned in Adelaide's vibrant West End, this furnished studio apartment offers an excellent opportunity for investors, parents seeking secure student housing, or owner-occupiers looking for a low-maintenance lifestyle. Currently under management by UniLodge, the property benefits from high occupancy rates and delivers a strong rental return of $1,175 per month after management fees. For those looking to make this apartment their home, owner-occupiers can take possession with just three months' written notice, aligned with the middle or end of a university semester. The location is ideal, with the University of South Australia, Adelaide University, TAFE, and the Adelaide Health and Medical Sciences precinct all within easy walking distance. The Riverbank Precinct-home to Adelaide Oval, the Convention Centre, the Festival Theatre, and Adelaide Casino-is just a short stroll away. Nearby, residents can also enjoy the buzzing restaurant and shopping scenes along Gouger Street, Adelaide Central Market, and Rundle Mall. Public transport, including trams, buses, and trains, is conveniently accessible, ensuring seamless connectivity throughout the city. Inside the apartment features an open plan living, dining and sleeping space complimented with high ceilings, a well-equipped kitchenette and a built-in study desk with shelving make working or studying from home easy. The bathroom is excellent size with floor to ceiling tiles. A private east-facing balcony offers peaceful city views, and reverse cycle air conditioning ensures comfort throughout the year. Residents of the building enjoy a wide range of quality amenities, including 24-hour smart card security, lift access, a communal lounge and games area, a well-appointed shared kitchen, and a laundry room. Dedicated study lounges, a library, a gymnasium, and an outdoor BBQ area further enhance the lifestyle appeal. Whether you're an investor seeking a secure and high-yielding opportunity, a parent wanting safe and convenient accommodation for a student, or a buyer looking to embrace the simplicity of city living, this apartment offers unbeatable value. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.

Features

1 bedroom
1 bathroom
27 m² floor area
Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Adelaide over the last 12 months, the estimated median property value of 201/304 Waymouth Street is $310k.

Median value
$310k
Estimated value range
$130k - $458.89k
Median days on market
19
Estimated value trend
70%
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 201/304 Waymouth Street

2025
Sold
$185,000
Private Sale/Treaty on 12 Jun 2025 by Toby Shipway, of Ray White Adelaide CBD

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 studios in Adelaide

In the last 12 months, 10 one-bedroom studios similar to 201/304 Waymouth Street, have been sold.

This represents a 66% decrease in one-bedroom studios sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Adelaide

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Laura Hao

Laura Hao is a recommended agent for Adelaide.  They have 4 local sales and collected 7 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  7 Reviews in Adelaide
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Arnold Guan

Arnold Guan is a recommended agent for Adelaide.  They have 24 local sales and collected 7 local reviews across the last 12 months.

  •   5   (10 reviews)
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Cynthia Sajkunovic

Cynthia Sajkunovic is a recommended agent for Adelaide.  They have 12 local sales and collected 4 local reviews across the last 12 months.

  •   5   (16 reviews)
  •  4 Reviews in Adelaide
  •  12 Sales in Adelaide
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Kelly Eustice

Kelly Eustice is a recommended agent for Adelaide.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (144 reviews)
  •  3 Reviews in Adelaide
  •  5 Sales in Adelaide
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