Back 620/304 Waymouth Street
Off Market

620/304 Waymouth Street

Adelaide SA 5000

1
1
Apartment
Last sold for $208,000
Michael GeorgiadisMichael Georgiadis, last sold this property on 04 May 2026 after 75 days on market.

Overview

Secure CBD Investment with Strong Rental Appeal

An exceptional opportunity for investors seeking reliable returns in the heart of Adelaide's vibrant West End. This fully furnished apartment offers a true "set and forget" investment, professionally managed to help ensure consistent occupancy and minimal day-to-day involvement. Currently leased at $420 per week, the property provides an immediate income stream, making it an attractive option for investors looking for a low-maintenance, income-producing asset. Perfectly positioned just moments from cafes, universities, restaurants, and public transport, the location is highly appealing to students and city-based tenants, supporting strong ongoing rental demand. Apartment Features • Fully furnished including sofa, dining suite, study desk and chair, LCD TV, refrigerator, microwave, bed and more • Private ensuite bathroom • Reverse-cycle air conditioning for year-round comfort • High-speed internet connectivity Building Amenities • Fully equipped gymnasium • Library and dedicated study areas • Communal courtyard for socialising and entertaining • 24-hour onsite management and security • Smart card access and video surveillance • Accessible lifts and ramps With professional onsite management and sustained demand for quality CBD accommodation, this apartment represents a smart, low-maintenance addition to any investment portfolio. All photographs and floorplans are for illustration purposes only. Disclaimer All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate and accept no liability for any errors or omissions (including, but not limited to, land size, floor plans, building age, condition or other property details). Interested parties should make their own independent enquiries and seek appropriate legal advice. RLA 212749

Features

1 bedroom
1 bathroom
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 620/304 Waymouth Street 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 620/304 Waymouth Street

2026
Sold
$208,000
Private Sale/Treaty on 04 May 2026 by Michael Georgiadis, of Michaelkris Real Estate
2023
Sold
$130,000
09 May 2023 by Michael Georgiadis, of Michaelkris Real Estate
2016
Sold
$135,000
Private Sale/Treaty on 14 Oct 2016 by Michael Georgiadis, of Michaelkris Real Estate

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 620/304 Waymouth Street, have been sold.

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

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