
Adelaide · Inner Adelaide
A suburb covered by the City of Prospect, with Islington Railway Station at a Prospect address. Most homes are separate houses.
Last reviewed 25 October 2026
Market snapshot
Official figures
Read 6 October 2026
At the 2021 Census
Sources
Prospect 5082 · Inner Adelaide. Medians describe sales, not the value of any one home.
Before you buy
On our map reading, parts of Prospect are in the Planning and Design Code's Historic Area Overlay for the Clifton Street, Flora Terrace, Prospect Lanes, Highbury and Ballville/Gloucester Historic Areas, and parts are in Character Area Overlays. The Minister for Planning approved the Representative Buildings Review Code Amendment for the City of Prospect, announced on 3 September 2025, which names representative buildings across five historic neighbourhoods, among them Prospect Lanes, Highbury and Ballville/Gloucester. Check the address in the Code before you plan works.
The SA Heritage Places dataset lists State Heritage Places with Prospect addresses: the Former Johns Road Horse Tram Depot at 214 Main North Road, St Cuthbert's Anglican Church at 49 Prospect Road, Greenaways (Chris A. Smith House) at 3-3A Prospect Road and the Former Prospect Air Raid Precautions Sub-Control Station at 4/1 Menzies Crescent.
On our map reading, parts of Prospect are in the Code's Hazards (Flooding) and Hazards (Flooding - General) Overlays. Check the overlays for the address before you make an offer.
On 21 July 2026, the City of Prospect said the state had approved its Code Amendment rezoning 8.32 hectares around Prospect Oval, Prospect Memorial Gardens and commercial properties along Main North Road, for the next stages of the Prospect Lifestyle Precinct. As at that date, the masterplan was yet to be finalised.
Adelaide Metro lists Islington Railway Station at 250 Churchill Rd, Prospect. On our reading of its timetable data, the Gawler to City and Gawler Central to City trains stop there.
The Department for Education's 2023 site list gives Prospect Primary School (27 Gladstone Road) and Prospect North Primary School (30 Stuart Road) Prospect addresses. On our map reading of the department's 2025 zone files, parts of Prospect are in the zones of Prospect, Nailsworth and North Adelaide primary schools, and of Adelaide High School and Adelaide Botanic High School. Check the zone for the address if you are counting on a place.
Consumer and Business Services bond data for the April to June 2026 quarter, the latest published on data.sa.gov.au at 25 October 2026, puts the median weekly rent for bonds lodged in Prospect at $500 for a two-bedroom flat or unit and $660 for a three-bedroom house, and $580 across all dwellings. That quarter, Consumer and Business Services recorded about 135 bonds lodged in Prospect, rounded to the nearest 5.
At the 2021 Census, 67.9% of Prospect homes were separate houses, 17.1% were semi-detached, row or terrace houses or townhouses and 14.5% were flats or apartments.
Agents on a Pro plan who serve Prospect
Why a buyers agent
In Prospect, parts of the suburb are in historic and character areas, an approved Code Amendment names representative buildings in City of Prospect neighbourhoods, and land around Prospect Oval has been rezoned. A buyers agent who works Prospect checks the Code for each home on your shortlist, prices it against the sales closest to it, and negotiates or bids at auction for you.
On our map reading, parts of Prospect are in the Historic Area Overlay, and an approved Code Amendment names representative buildings in neighbourhoods such as Prospect Lanes and Highbury. An agent checks the address before you bid.
On our map reading, parts of Prospect are in the Hazards (Flooding) and Hazards (Flooding - General) Overlays. An agent checks the address against both.
The state has approved a Code Amendment rezoning land around Prospect Oval and along Main North Road; as at 21 July 2026, the masterplan was not final. An agent checks how it sits against the address.
RevenueSA's First Home Owner Grant is up to $15,000 for a first home buyer purchasing or building a new home. RevenueSA says changes to how stamp duty treats qualifying land and residential land came into effect on 15 September 2026, so an agent with your conveyancer checks current first home buyer relief with RevenueSA before you sign.
Compare
| Metric | This suburbProspect | NearbyMedindie |
|---|---|---|
| Median house | $1,705,000 | Not available |
| Median unit | Not available | Not available |
| Rental yield | Not available | Not available |
| Postcode | 5082 | 5081 |
Official medians for 2025 from the state Valuer-General, and our calculations from them. Sources are on each suburb page.
The place
Prospect had 14,584 residents at the 2021 Census, with a median age of 37. It is among the suburbs the City of Prospect covers.
At the 2021 Census, 29.4% of Prospect homes were owned outright and 33.4% with a mortgage. The median weekly rent at that Census was $350 and the median monthly mortgage repayment was $1,929.
Frequently asked
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Official figures are cited in the figures block above. Editorial review: 25 October 2026.
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