Prospect
SA, 5082
Thinking about buying in Prospect? Now could not be a better time, with just 74 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,954,000 with prices in this suburb ranging from $639,000 to $7,258,000. Prospect is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $426.00 |
| Median Monthly Mortgage | $2839.00 |
| Median Persons Per Bedroom | 0.77 |
| Average Household Size | 2.67 |
| Average Age | 46.00 |
| Average Income | $1228.33 |
| Average Cars Per Dwelling | 1.93 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 2 Bed $638,000 |
| 3 Bed $1,797,000 |
| 4 Bed $1,802,000 |
| 5 Bed $4,213,000 |
| 6 Bed+$1,863,000 |
Prospect Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Prospect driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Prospect ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Prospect classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Prospect requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Prospect
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37 CARTER ST, THORNGATE, SA, 5082 |  4 |
 2 |
 2 |
Price on Application |
Local Schools
Blackfriars Priory School
Prescott College
North Adelaide Primary School
Wilderness School
Immaculate Heart of Mary School
Walkerville Primary School
Brompton Primary School
Bowden Brompton Community School
Prospect Primary School
St Dominic's Priory College
(While the above schools are located with the suburb of Prospect there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Prospect weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.6 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
| Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
| Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
| Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
| May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
| Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
| Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
| Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
| Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
| Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
| Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
| Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Nearby Suburbs
Public Transport
Festival Plaza - Less than 5 KM
Festival Plaza - Less than 5 KM
Festival Plaza - Less than 5 KM
Festival Plaza - Less than 5 KM
Entertainment Centre - Less than 5 KM
Entertainment Centre - Less than 5 KM
Bowden - Less than 5 KM
Dudley Park - Less than 2 KM
North Adelaide - Less than 2 KM
Ovingham - Less than 2 KM
General Points of Interest
SASMEE Model Trains - Less than 10 KM
MARS Sporting Complex - Less than 5 KM
Adelaide Superdrome - Less than 10 KM
The Lights Community and Sports Centre - Less than 5 KM
Pioneer Women's Memorial Garden - Less than 5 KM
Titanium Security Arena - Less than 5 KM
Adelaide Oval - Less than 5 KM
Crossfit Fallen - Less than 10 KM
Trak Village Arcade - Less than 10 KM
Diving Adelaide - Less than 10 KM
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