SA, 5082

Thinking about buying in Prospect? Now could not be a better time, with 8234 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,047,000 with prices in this suburb ranging from $226,000 to $5,795,000.

Distance to the coast is 5 Km.

Household Makeup

Median Weekly Rent $344.89
Median Monthly Mortgage $2011.89
Median Persons Per Bedroom 0.87
Average Household Size 2.68
Average Age 37.53
Average Income $959.68
Average Cars Per Dwelling 1.75
Average Properties Within 50M 19

Average Property Prices

1 Bed $884,000
2 Bed $617,000
3 Bed $1,131,000
4 Bed $1,502,000
5 Bed $1,815,000
6 Bed+$1,809,000

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.

Housing Stock

Houses for sale Prospect

Belle Property 417 REGENCY RD, PROSPECT, SA, 5082 Beds3 Bathrooms3 Parking 2 Contact Agent
Century 21 UNIT 6, 157 PROSPECT RD, PROSPECT, SA, 5082 Beds2 Bathrooms1 Parking 2 UNDER OFFER
Harcourts 1 PARNTA AV, PROSPECT, SA, 5082 Beds3 Bathrooms2 Parking 1 New Luxury Homes in Cosmopolitan Prospect
LJ Hooker 39 PULSFORD RD, PROSPECT, SA, 5082 Beds3 Bathrooms1 Parking 6 Auction Saturday 16th March at 3:30pm (USP)
Ray White UNIT 209, 171 PROSPECT RD, PROSPECT, SA, 5082 Beds2 Bathrooms1 Parking 1 419000
Ray White UNIT 101, 60 BELFORD AV, PROSPECT, SA, 5082 Beds2 Bathrooms2 Parking 1 650000

Local Schools

Blackfriars Priory School

Prospect Primary School

Rosary School

Prescott College

Prospect North Primary School

Nailsworth Primary School

Our Lady of the Sacred Heart College

Brompton Primary School

Bowden Brompton Community School

Immaculate Heart of Mary School

(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

We are currently collecting information for this location.

Prospect weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

NailsworthDudley ParkDevon ParkSefton ParkFitzroyMedindie GardensThorngateRenown ParkCollinswoodOvingham

Public Transport

General Points of Interest

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