Prospect Council

In Prospect, there were 96 sale listings and 70 lease listings available last month. The median sale price for houses over the last year was $1,353,000, while the median sale price for units was $575,000. The median weekly lease price for houses was $730, and for units, it was $500 over the last year.

Location Profiles
SA
Prospect Council

INTRODUCTION

RECENTLY LISTED

SUBURBS

In Prospect, 80.9% of households have mortgage repayments less than or equal to 30% of income, while 67.0% have rent payments within the same range. The income distribution shows 30.5% earning between $52k to $104k yearly. Construction, professional services, and real estate are the top industries. The population is predominantly aged above 50.

The City of Prospect is an inner urban local government area in Adelaide, South Australia, established in 1872. The council seat is the suburb of Prospect, which makes up almost two thirds of the council area. The area is less than 8 km2 in size. The demographics of the suburb show a high number of young professionals and a growing population. Prior to European settlement, the Prospect area was part of the traditional lands of the Kaurna people. In Prospect, 80.9% of households have mortgage repayments less than or equal to 30% of income, while 67.0% have rent payments within the same range. The income distribution shows 30.5% earning between $52k to $104k yearly. Construction, professional services, and real estate are the top industries. The population is predominantly aged above 50.