Back 428 Regency Road
Off Market

428 Regency Road

Prospect SA 5082

4
3
2
638 m²
House

Overview

Development Opportunity - 3 Bedroom Home and Separate Studio

Situated in the Housing Diversity Neighbourhood Zone with planning approval granted by the City of Prospect for 3 Community Title Townhouses (application #22028933). Planning information available at Open Inspections The current home features 3 Bedrooms or 2 Bedrooms with formal lounge, large open plan family room, kitchen with dishwasher and casual meals area, formal dining room, sunroom and 2 separate bathrooms. The rear studio offers a spacious open plan bedroom, lounge and kitchenette and with a separate bathroom, this space can be used as additional rental income, home office, studio space or teenage retreat. Currently Tenanted until the 23rd of March 2025 at $650 per week, a tremendous opportunity exists for the Developer and Investor, with the current Tenant willing to extend to a new lease. The home is situated on approx 638sqm and close to shopping, cafes, entertainment and all community facilities with only a 15 minute drive to the Adelaide CBD and its position in the Adelaide High and Botanic High school zone ensures that it caters for a busy family lifestyle.

Features

4 bedrooms
3 bathrooms
2 carspaces
638 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Prospect over the last 12 months, the estimated median property value of 428 Regency Road is $1.7m.

Median value
$1.7m
Estimated value range
$920k - $2.19m
Median days on market
29
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Prospect. 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 428 Regency Road

2025
Sold
Undisclosed
Private Sale/Treaty on 13 Jun 2025
2022
Rented
Undisclosed
Leased on 01 Dec 2022 by 4 Rooms Property
2018
Rented
Undisclosed
Leased on 26 Jul 2018 by 4 Rooms Property

Happy sellers in Prospect

88%
88% of sellers in Prospect reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 5 reviews in Prospect over the last 12 months.

Local market activity for 4 bedroom houses in Prospect

In the last 12 months, 45 four-bedroom houses similar to 428 Regency Road, have been sold.

This represents a 17% increase in four-bedroom houses sales when compared to the previous 12 months.

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