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Back 623/304 Waymouth Street
Off Market

623/304 Waymouth Street

Adelaide SA 5000

1
1
27 m²
Apartment
Last sold for $195,000
Toby ShipwayToby Shipway, last sold this property on 03 August 2025 after 76 days on market.

Overview

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

High-Yield Investment or Low-Maintenance City Living Ideally located in the heart of Adelaide's vibrant West End, this furnished studio apartment presents an exceptional opportunity for investors and owner-occupiers alike. Situated in the south-west corner of the building, the apartment boats amazing views south over the Adelaide Hills and west over the leafy parklands and daily sunsets over the ocean. Currently managed by UniLodge, generating a strong rental return via the high-occupancy pool scheme. Currently returning $1,175.00 per month after management fees. For those looking to move in, owner-occupiers can take possession with just three months' written notice at the middle or end of the semester. Surrounded by Adelaide's best amenities, these apartments offer unbeatable convenience. The University of South Australia, Adelaide University, TAFE, and the Adelaide Health and Medical Sciences precinct are all within walking distance. The Riverbank Precinct, home to Adelaide Oval, the Convention Centre, Festival Theatre, and Adelaide Casino, is just a short stroll away, along with the dining and shopping hotspots of Gouger Street, Adelaide Central Market, and Rundle Mall. Public transport options, including buses, trams, and trains, are easily accessible. Designed for comfort and functionality, each apartment features an open-plan living and dining space with high ceilings, a well-equipped kitchenette with a cooktop, microwave, and fridge, and a modern bathroom with floor to ceiling tiles. A built-in study desk and shelving provide a practical workspace, while a private east-facing balcony offers city views. Reverse cycle air conditioning ensures year-round comfort, and a wall-mounted TV adds to the convenience. Residents enjoy access to excellent building amenities, including 24-hour smart card security, lift access, a communal lounge and games area, a well-appointed kitchen, and a laundry room. Study lounges, a library, a gymnasium, and an outdoor BBQ area further enhance the lifestyle appeal. This apartment is perfect for investors seeking a strong rental return, parents looking for safe and convenient student accommodation, or owner-occupiers wanting a low-maintenance city lifestyle. For more information or to arrange an inspection, contact Toby Shipway on 0413 600 919. Disclaimer: All information provided has been obtained from sources we believe to be accurate, but we cannot guarantee its accuracy. Interested parties should conduct their own due diligence and seek independent legal advice.

Features

1 bedroom
1 bathroom
27 m² floor area
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 623/304 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 623/304 Waymouth Street

2025
Sold
$195,000
Private Sale/Treaty on 03 Aug 2025 by Toby Shipway, of Ray White Adelaide CBD
2024
Sold
Undisclosed
Private Sale/Treaty on 07 Dec 2024 by Bobbie Kang, of Professionals Adelaide City

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 30 reviews in Adelaide over the last 12 months.

Local market activity for 1 bedroom apartments in Adelaide

In the last 12 months, 192 one-bedroom apartments similar to 623/304 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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