Prospect, South Australia

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Prospect
Adelaide, South Australia

Population:

11,892 (2001 census)

Postcode:

5082

Area:

5 km²

LGA:

City of Prospect

Suburbs around Prospect
Regency Park	Kilburn Blair Athol	Enfield
Dudley Park Devon Park	Prospect	Nailsworth
Ovingham	Fitzroy	Medindie

Prospect is a suburb located to the north of the centre of Adelaide, the capital city of South Australia.

Surrounding suburbs include Kilburn, Fitzroy, and Medindie. Prospect is a middle to upper class suburb of Adelaide. The suburb has boundaries of Main North Road to the East; Carter Street, Audley Avenue and Avenue Road to the South; The Gawler Railway Line on the west and a line 400m north of Regency Road (Livingstone Avenue, Angwin Avenue and Henrietta Street) on the north.

In 1940 the area now known as Prospect was a series of localities from North to South

West of Prospect Road - Prospect Estate, Highbury & Dudley Park
East of Prospect Road - Blair Athol, Prospect Hill, St. Johns Wood & Prospect [1]

The suburb features many Victorian era houses, and some stately 19th century mansions, although not as grand as those on Fitzroy Terrace. The suburb is very appealing to those who want to live near the city, but not in such busy suburbs as North Adelaide and in the CBD.

The area is becoming increasingly popular, while still affordable. The average price for a 3 bed, 2 bath, house (as of Jan. 2006), with no extension, pool or tennis court is $575,000, however prices are increasing due to the suburb's growing popularity. Apartments in the suburb are rare.

The most expensive streets in Prospect include Clifton Street (Median sale price $745,000) and Carter Street (Median sale price $720,000). Houses in Barker Street also fetch high amounts, with one selling in 2006 for almost $2.15million.