Prospect
Property profile for Prospect, Adelaide. Median prices and property calculators.
Median Prices
Median House Price
$950,000
Approximate median for Prospect, Adelaide
Median Unit Price
$420,000
Approximate median for Prospect, Adelaide
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Estimated Stamp Duty
$42,250
On median house price of $950,000
Estimated Monthly Mortgage
$4,655
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$190,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Prospect
Prospect is a trendy inner-northern suburb approximately four kilometres from Adelaide's CBD, known for its vibrant Prospect Road dining and entertainment precinct. The road has undergone a remarkable transformation in recent years, with new bars, craft breweries, restaurants, and boutique retailers complementing long-established local businesses and creating one of Adelaide's most dynamic neighbourhood strips. Property in Prospect includes a handsome stock of character homes spanning bluestone cottages, sandstone villas, symmetrical cottages, and California bungalows, many on generous allotments with established gardens. Modern townhouse and apartment developments provide options for downsizers and first home buyers. The suburb has a strong arts culture, with street murals, public art installations, and the Prospect Gallery contributing to its creative identity. Prospect Oval and Charles Cane Reserve provide sporting facilities and green space, while the linear park along the River Torrens is accessible for cycling and walking. Transport includes bus services along Prospect Road and Main North Road to the CBD, and the suburb is easily accessible by bicycle. Prospect has good schools and an active community that organises markets, festivals, and neighbourhood events throughout the year. The suburb appeals to young professionals and creative workers who enjoy the food and bar scene, families seeking character homes in a walkable neighbourhood, and investors targeting the inner-north's consistent rental demand.