Back 203/83 South Terrace
Off Market

203/83 South Terrace

Adelaide SA 5000

2
1
1
71 m²
Unit
Last sold for $637,600
Damien WillisDamien Willis, last sold this property on 19 July 2026 after 11 days on market.

Overview

Open the Door to Parkland Views and a Return from Day One

Sold at the closing deadline Overlooking the southern parklands from the edge of Adelaide's CBD, this two-bedroom apartment brings a rare sense of green space to city living, pairing a crisp modern interior with treetop views, a private balcony, secure car accommodation and a floorplan that makes smart, light-filled use of its 74sqm footprint. Currently tenanted at $720 per week until 25 February 2027, it stands as a strong investment from day one, with the option to hold long term, explore future short-stay potential or move in at lease end and enjoy a city-edge base above the natural beauty of Veale Gardens. Open the Door to: • A bright, modern apartment positioned above South Terrace with direct outlooks across the southern parklands. • Two bedrooms, including a main bedroom with built-in robe, broad window and leafy parklands views. • A second bedroom that works neatly as guest accommodation, a study, nursery or work-from-home base. • Open-plan living and dining that draws natural light through the apartment and connects directly to the balcony. • A private balcony made for morning coffee, evening air and uninterrupted views over the treetops. • A smart monochrome kitchen with glossy upper cabinetry, white lower storage, dishwasher, electric cooking, integrated microwave space and glass-block window detail. • A fresh bathroom with walk-in shower, mirrored storage, wall-hung vanity, charcoal feature tiling and a clean contemporary finish. • Split-system air conditioning, recessed lighting, timber-look flooring to the living areas and carpeted bedrooms. • Secure car accommodation within the building, adding everyday ease and stronger rental appeal. • Currently leased at $720 per week until 25 February 2027, giving investors immediate holding income and future flexibility. Step outside and the city gives you its softer side first, with Veale Gardens, Himeji Garden and the southern Parklands directly across the road, while tram stops put Glenelg, the CBD, Festival Plaza, the Central Market and North Adelaide within easy reach. From here, mornings can start in the parklands, nights can finish in the city, and the coast remains one easy tram ride away. CT - 6147/352 Council - Adelaide Zoning - Capital City Year Built - 2014 Total Built Area - 74m² approx. Council Rates - $1,842.45 per year SA Water Rates - $767.40 per year Emergency Services Levy - $121.25 per year Community Admin Fund - $841.68 per quarter Community Sinking Fund - $546.00 per quarter All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice. Ouwens Casserly Real Estate Pty Ltd partners with third party providers including Realestate.com.au (REA) and Before You Buy Australia Pty Ltd (BYB). If you elect to use the BYB website and service, you are dealing directly with BYB. Ouwens Casserly Real Estate Pty Ltd does not receive any financial benefit from BYB in respect of the service provided. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions in respect of the service provided by BYB. Interested potential purchasers should make their own enquiries as they see fit. RLA 275403

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
71 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Adelaide over the last 12 months, the estimated median property value of 203/83 South Terrace is $623.8k.

Median value
$623.8k
Estimated value range
$325.5k - $896k
Median days on market
24
Estimated value trend
18%
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 203/83 South Terrace

2026
Sold
$637,600
19 Jul 2026 by Damien Willis, of OC - Eastwood
2026
Rented
Undisclosed
Leased on 12 Feb 2026 by OC - Eastwood
2024
Sold
$500,000
28 Jul 2024 by Blake Bryant, of All Adelaide Real Estate - City Edge

Happy sellers in Adelaide

92%
92% 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 25 reviews in Adelaide over the last 12 months.

Local market activity for 2 bedroom units in Adelaide

In the last 12 months, 16 two-bedroom units similar to 203/83 South Terrace, have been sold.

This represents a 23% increase in two-bedroom units sales when compared to the previous 12 months.

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