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305/23 King William Street, Adelaide$404,250
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305/23 King William Street

Adelaide, SA 5000, Australia
$385,000 – $423,500
3 bed 1 bath55 m²

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About this property

Positioned right in the heart of Adelaide's vibrant CBD, this well-appointed three-bedroom apartment presents an outstanding opportunity for investors, first-home buyers and those seeking an affordable city base. Currently tenanted at $555 per week, the property offers an attractive investment with immediate income and the added flexibility of no restrictive management agreements or limitations on use, giving purchasers greater control over their investment. Inside, the apartment features easy-care floating floors and a functional kitchen that makes excellent use of space, providing everything needed for comfortable day-to-day living. All three bedrooms are equipped with ceiling fans, ensuring year-round comfort. The true appeal lies in the location. Step outside and enjoy everything Adelaide city living has to offer. Within walking distance to trams, trains and bus services, commuting couldn't be easier. You'll also be moments from Adelaide's renowned shopping precincts, cafés, restaurants, entertainment venues and cultural attractions. Whether you're looking to expand your investment portfolio, secure your first property or enjoy the convenience of inner-city living, this affordable and versatile apartment ticks all the boxes. An exceptional opportunity to secure a three-bedroom apartment in one of Adelaide's most convenient and connected locations. Call Kelly Eustice to book your tour - 0468 640 085

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Land Area
55 m²
Listed
3 weeks ago

Repayment calculator

$1,960/month
$980 /fortnight
Loan $323,400 at 6.10% over 30 years

Upfront costs

Deposit$80,850
Stamp duty$16,543
Conveyancing (est.)$2,000
Total upfront$99,393
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Adelaide

This 3-bedroom apartment in Adelaide, SA 5000 sits within reach of public transport, local shops and nearby schools. It is listed 35% below the $617,500 median of 71 comparable apartmentswithin 5 km.

Schools near Adelaide

  • Christian Brothers College - Junior Campuscombined
  • Christian Brothers College - Senior Campuscombined · R-12 · Boys
  • Pulteney Grammar Schoolcombined · R-12 · CoEd
  • St Aloysius Collegecombined · R-12 · Girls
  • St Mary's Collegecombined · R-12 · Girls
  • Gilles Street Primary Schoolprimary · U, R-6 · CoEd

What's nearby

  • Adelaide Railway Station 1 (train)414 m away
  • Lucia's Charcuterie842 m away
  • Unnamed209 m away
  • Unnamed241 m away
  • Pfitzner Court482 m away

Adelaide at a glance

Full suburb profile
Population
18,202
Median age
31
Household income
$1,365/wk
Median rent
$400/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Adelaide price trend

Median sold · Unit 3 bed

Compound growth +15.0% / yr over 4 yrs

$1.30mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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