Adelaide

SA

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303/61 Hindmarsh Square, Adelaide SA 5000

Adelaide · 5000 · SA · Metro zone

TypeUnit
Beds2
Baths1
Condition
Not rated yet
Market signalsPublic record

Price

$395,000

Open-data

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Data sources5 sources

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1 listing record AI estimate ready

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AI price intelligence

  • Predicted price with confidence band
  • Price per m² vs suburb median
  • Condition-adjusted valuation
  • 3 closest comparable sales with reasoning
  • Value vs suburb median percentage

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Planning and risk checks

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  • Easement analysis with area, purpose, and restrictions
  • Bushfire, contamination, acid sulfate status
  • Vegetation and tree protection orders
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Condition and renovation

  • Condition score (1-10) with description
  • Renovation cost estimate and value uplift
  • Constraints limiting renovation

Legal and title

  • Title and encumbrance review
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  • Cooling-off, deposit, GST implications
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Market and financials

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  • Market position and competition analysis
  • Rental yield and cash flow assessment
  • Interest rate outlook and borrowing impact
  • Rates, water charges, and land tax status

Also includes: pre-purchase checklist, assessment gaps, data verification, professional disclaimer, and sources cited.

Repayments calculator

Try numbers against a starting price band for 303/61 Hindmarsh Square

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$640k$865k

Starting range: adjust the slider to match your target.

Monthly repayment (P&I)

$4,134 /mo

Loan: $675,000

LVR: 90.0%

Total interest over 30y$813,300
Total cost of borrowing$1,488,300
Stamp duty (indicative · SA)$35,330
LMI (deposit < 20%)$10,125
Cash to settle$120,455

Repayments swing significantly across this price range.

At $640k: $3,528/mo · at $865k: $4,768/mo.

Get precise repayments with the AI-predicted price

Estimates only. Stamp duty figures use simplified progressive general-buyer schedules; actual duty may include thresholds, foreign-buyer surcharges, or off-the-plan concessions. Always confirm with a licensed mortgage broker or your state revenue office before acting.

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Current Listing
Price

$395,000

Type

private treaty

Agent

Paul Alvino

Past Sales

No recorded sales

Sign up to fetch
Recent public sales in AdelaideRange $165,000 - $7000.09M4 similar bed-count sales
AddressPriceConfigSold
$475,0002b/2ba22 July 26
$760,0002b/1ba20 July 26
$1.15M?b18 July 26
$1.22M3b/2ba16 July 26
$500,0002b/1ba15 July 26
$165,0001b/1ba13 July 26
$700,8002b/1ba8 July 26
$475,0001b/1ba7 July 26
$565,0001b/1ba7 July 26
$7000.09M0b/1ba6 July 26

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Disclaimer: The information on this page is compiled from publicly available data sources and may not be complete or fully up to date. This content is for general informational purposes only and does not constitute financial, legal, or property advice. Always seek independent professional advice before making property or investment decisions.

Public property record

303/61 Hindmarsh Square, Adelaide, Adelaide SA 5000 property data

303/61 Hindmarsh Square, Adelaide, Adelaide SA 5000 is a unit in Adelaide, SA 5000. Key attributes: unit · 2 bed · 1 bath. Currently listed at $395,000. Adelaide house median: $650,000.

Secure a premium income-producing asset in one of Adelaide's most sought-after CBD locations. Positioned within the renowned Mantra Hindmarsh Square, this fully furnished two-bedroom apartment presents an outstanding opportunity for investors seeking strong passive returns, minimal management involvement, and long-term capital growth. Located in Adelaide's vibrant East End, this blue-chip address places guests and visitors within walking distance of the city's most popular attractions, including Rundle Mall, Rundle Street's dining and entertainment precinct, Adelaide Oval, the Botanic Gardens, Adelaide Zoo, the South Australian Museum, Art Gallery of South Australia, and the picturesque River Torrens. The exceptional location continues to drive strong accommodation demand year-round. Currently operating within the established Hindmarsh Square Managed Investment Scheme, the apartment functions as high-performing hotel accommodation, benefiting from consistent occupancy and professional management. Investors will enjoy an attractive annual return of approximately $19,730 net after all expenses are paid. Designed as the ultimate "set-and-forget" investment, owners can enjoy all the benefits of property ownership without the day-to-day responsibilities of tenant management, maintenance coordination, or vacancy concerns. As an added bonus, owners receive 14 complimentary nights of accommodation each year, providing flexibility for personal holidays, business travel, or city getaways. The Mantra Hindmarsh Square investment model has delivered reliable performance for over two decades, supported by premium on-site facilities including 24-hour reception, DJ's Diner & Bar, room service, secure access, and a fully equipped gymnasium-enhancing guest experience and supporting strong occupancy levels. The apartment itself offers spacious, light-filled interiors featuring open-plan living and dining, a well-appointed kitchenette, and an expansive private balcony overlooking the leafy surrounds of Hindmarsh Square. Two generous bedrooms with built-in robes, a centrally positioned bathroom, ducted reverse-cycle air conditioning, secure building access, and lift service complete this low-maintenance investment package. With a proven income stream, attractive net returns, and a tightly held CBD location, this is a rare opportunity to acquire a high-performing property in Adelaide's thriving East End. Opportunities offering this combination of yield, convenience, and long-term investment appeal are increasingly hard to find. Invest with confidence and secure your place in one of Adelaide's strongest performing city precincts. Specifications: CT / 5888/806 Council / Adelaide Zoning / CC Mantra Income for 2024/2025 is $27,624.53 Council Rates / $2,570.00pa Community Rates / $1,364.00pq Community Manager / Whittles Emergency Services Levy / $400.00pa SA Water / $176.30pq Estimated rental assessment / Written rental assessment can be provided upon request Nearby Schools / Gilles Street P.S, Sturt Street Community School, Rose Park P.S, North Adelaide P.S, Norwood P.S, Adelaide Botanic H.S, Adelaide H.S, Marryatville H.S, Warriappendi Secondary School, Glenunga International H.S Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property facts

Unit · 2 Bed · 1 Bath

Property type
Unit
Bedrooms
2
Bathrooms
1
Car spaces
0
AI estimate
Under $600K

Sale and listing signals

This property has an active private_treaty listing advertised at $395,000. High-Yield CBD Investment in Adelaide's Prestigious East End

No public sale history is currently recorded for this property.

Adelaide market context

Adelaide median
$650,000
1 year growth
+28.7%

Property questions answered

What are similar properties to 303/61 Hindmarsh Square, Adelaide, Adelaide SA 5000 worth?

Propertylens Australia found 8 comparable unit properties in Adelaide sold in the last 2 years. The average sale price of these comparables is $607,600. View the full list of comparable sales on this page.

What is the median house price in Adelaide 5000?

The current median house price in Adelaide, SA 5000 is $650,000, with +28.7% growth over the past year.

Can I get an AI price estimate for 303/61 Hindmarsh Square, Adelaide, Adelaide SA 5000?

Yes. Propertylens Australia can run a 1-credit AI price estimate for 303/61 Hindmarsh Square, Adelaide, Adelaide SA 5000 using comparable sales, suburb market signals, property attributes and available public data. New users receive 1 free credit on signup, so they can test the AI estimate workflow before buying more credits.