Back 7/31 Formby Cres
Off Market

7/31 Formby Cres

Port Adelaide SA 5015

2
1
2
96 m²
Apartment
Last sold for $680,000
Nick PsarrosNick Psarros, last sold this property on 27 November 2025 after 15 days on market.

Overview

Waterfront Serenity in the Heart of Historic Port Adelaide

Situated in the historic heart of Port Adelaide and perfectly positioned along the tranquil Port River, this beautifully maintained waterfront apartment presents a relaxed lifestyle with uninterrupted south-facing views across the waters of West Lakes. Designed with comfort and convenience in mind, the home sits within a quiet, well-kept precinct and showcases updated finishes with a low-maintenance appeal-ideal for first-home buyers, downsizers, investors, or those seeking a secure lock-up-and-leave lifestyle. Recent building upgrades and a community of owner-occupiers enhance its appeal, while inside you'll find open-plan living, light-filled interiors and a spacious, functional kitchen with updated appliances. Two generous bedrooms complete the home, with the main bedroom enjoying private balcony access and sweeping water views. Key Features: • Waterfront apartment showcasing south-facing balcony views across West Lakes • Constructed in 1999 with a sleek rendered façade • Two well-sized bedrooms, including a master with built-in robe • Main bathroom featuring a soaking tub, separate shower, and toilet • Light-filled open plan living and dining area • Functional kitchen complete with built-in 600mm electric oven and four-burner cooktop • Comfort ensured with split system air conditioning • Separate laundry for added convenience • Auto irrigation system maintained by the strata • Secure living with video intercom and keyless entry • Recently repainted exterior and repointed roof capping tiles by the strata • Well-maintained and predominantly owner-occupied apartment complex Location Highlights: • Located approximately 14km northwest of Adelaide CBD, offering easy city access via Port Road and public transport • Major shopping and retail hubs nearby, including Port Adelaide Plaza, Semaphore Road shops, and historic Port Adelaide precinct for dining, cafés, and boutique retail • Zoned for quality schools including Le Fevre High School, Portside Christian College, Largs Bay Primary School, and St Anthony's Catholic School • Abundant recreational opportunities including the Port River, Linear Park trails, Semaphore Beach, the historic wharves, and nearby parks such as Woolnough Gardens and Petersville Reserve • Excellent transport connectivity via train at Port Adelaide Station, local bus routes, and easy access to major arterial roads including Port Road and Old Port Road • Family-friendly suburb with a vibrant community, sporting clubs, and cultural attractions including the National Railway Museum and Port Adelaide Soccer Club • Close to waterfront dining, bars, and cultural hubs, combining city convenience with a coastal lifestyle • Offers a mix of lifestyle, recreation, heritage charm, and investment potential in a rapidly evolving precinct To place an offer on this property, please click the link here - https://portal.reaforms.com.au/purchaser/unit-7-31-formby-crescent-port-adelaide-sa-5015-8sulsxkf12ztcpah3b8pessvj Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
96 m² floor area
Apartment

Estimated Value

We need at least 3 similar 2 bedroom apartments sold in Port Adelaide over the last 12 months.

Property history for 7/31 Formby Cres

2025
Sold
$680,000
27 Nov 2025 by Nick Psarros, of Ray White Port Adelaide
2019
Rented
Undisclosed
Leased on 28 Oct 2019 by Turner Real Estate Wayville
2018
Rented
Undisclosed
Leased on 26 Sep 2018 by Turner Real Estate Wayville

Happy sellers in Port Adelaide

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We have insufficient information to provide an overview of customer satisfaction for Port Adelaide. Viewing the agent profiles, reviews and sales for Port Adelaide can provide insights for this location.

Local market activity for 2 bedroom apartments in Port Adelaide

In the last 12 months, 1 two-bedroom apartment similar to 7/31 Formby Cres, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

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