Real estate agents in Prospect.
Character housing five kilometres from the city · SA 5082
Wemark Real Estate sells, leases and manages homes in Prospect, 2.4 km from our office in Blair Athol. Across Adelaide we secured 180 tenancies in the twelve months to September 2026. The median house price here was $1,705,000 in April to June 2026, across 31 settled sales, according to the South Australian Valuer-General.
Prospect is one of Adelaide’s oldest suburbs and still one of its most sought after, five kilometres north of the city in its own council, the City of Prospect. The housing is largely villas, bungalows and Tudor-style homes from the early twentieth century, on streets wide enough for the street trees they were planted with, and the newer townhouses that fill the subdivided blocks sell to people who want the position without the maintenance.
Prospect Road is the reason many buyers start here: cafés, the Palace Nova cinema and the weekend trade give the suburb a centre of its own. Prospect Oval sits behind it. Homes are held for a long time, so when one comes up it is usually contested.
Own an investment property in Prospect? Our Adelaide property managers hold about 100 homes each, inspect three to four times a year, and quote every fee in writing.
- Postcode
- SA 5082
- From the CBD
- 5.1 km north
- Median house price
- $1,705,000Apr–Jun 2026 · 31 sales
- Next to
- Blair Athol, Devon Park, Kilburn, Walkerville, North Adelaide
House prices
in Prospect
The median price of houses that sold in Prospect, from the South Australian Valuer-General's record of every settled sale. These are the figures for Apr–Jun 2026, updated each quarter.
A quarterly median moves with whichever homes happened to sell, so one quarter can swing. The line over five years is the better guide.
Every quarter since Jul–Sep 2021
| Quarter | Median house price | Houses sold |
|---|---|---|
| Apr–Jun 2026 | $1,705,000 | 31 |
| Jan–Mar 2026 | $1,600,000 | 27 |
| Oct–Dec 2025 | $1,462,500 | 28 |
| Jul–Sep 2025 | $1,505,000 | 39 |
| Apr–Jun 2025 | $1,330,000 | 56 |
| Jan–Mar 2025 | $1,292,500 | 30 |
| Oct–Dec 2024 | $1,325,000 | 36 |
| Jul–Sep 2024 | $1,132,500 | 15 |
| Apr–Jun 2024 | $1,287,500 | 27 |
| Jan–Mar 2024 | $1,285,000 | 21 |
| Oct–Dec 2023 | $1,101,000 | 34 |
| Jul–Sep 2023 | $1,211,000 | 23 |
| Apr–Jun 2023 | $1,040,000 | 40 |
| Jan–Mar 2023 | $1,050,000 | 34 |
| Oct–Dec 2022 | $960,000 | 43 |
| Jul–Sep 2022 | $1,115,000 | 36 |
| Apr–Jun 2022 | $1,125,000 | 29 |
| Jan–Mar 2022 | $1,105,000 | 38 |
| Oct–Dec 2021 | $1,023,750 | 36 |
| Jul–Sep 2021 | $902,500 | 43 |
Median price data updated . Figures for April to June 2026, the latest quarter the Valuer-General has released (published 17 July 2026). Source: Office of the Valuer-General, South Australia, metropolitan median house sales, published on Data SA by the Department for Housing and Urban Development under CC BY 4.0. Houses only. A suburb median is not a valuation of any one home. All 50 suburbs are compared in the quarterly house price report.
Own a home in Prospect?
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A year of Wemark,
across Adelaide
Not a claim, a listing history. Every figure is from our 
agency profile, covering the twelve months to September 2026 — see it there.
Around Prospect, over the same year: Enfield — 2 leases, 1 sold ($795,000); Kilburn — 2 leases; Walkerville — 1 sold ($1,795,000). All of it is on RateMyAgent.
Renting out a home
in Prospect
- What we lease
- Across the 180 tenancies we secured in the twelve months to September 2026 — 167 homes in 75 suburbs — 103 3-bedroom, 41 4-bedroom, 23 2-bedroom, 7 5-bedroom and 6 1-bedroom homes. By type: 149 houses, 25 units, 5 apartments and 1 townhouse.
- How quickly
- 97 of those 180 were leased within a week of going live, 84 of them within a day. The median campaign ran 6 days; the longest took 29.
- Asking rents now
- Nothing of ours is advertised in Prospect this week, though we have 28 rentals live across Adelaide. For a figure on your property, book the free rental appraisal — a property manager calls within four business hours.
- What every Prospect landlord gets
- A named property manager with about 100 properties, not the 150–200 the industry runs; 360° camera inspections three to four times a year; replies within four business hours; tenant screening with background, reference, financial and TICA checks; and rent released the moment it's paid, through
. - Already with another agent?
- You sign one form. We notify your current agent, collect the keys, the file and the bond details, and introduce ourselves to your tenant — the tenancy carries on unchanged. How switching works.
Prospect,
answered
- What is the median house price in Prospect?
- $1,705,000 for April to June 2026, from 31 settled house sales recorded by the South Australian Valuer-General. That is up 28% on the same quarter a year earlier, and up 135% over five years. It is a suburb median, not a valuation of any one home: for that, ask for a free appraisal.
- How far is Prospect from the Adelaide CBD?
- 5.1 km north of the city centre, measured from the GPO to the middle of the suburb. Its neighbours include Blair Athol, Devon Park, Kilburn and Walkerville.
- How quickly do rentals lease in Prospect?
- We have not leased a home in Prospect itself in the twelve months to September 2026, so there is no local figure to quote. Across Adelaide, 97 of our 180 tenancies in that time were leased within a week, and the median campaign ran 6 days.
- What does property management cost in Prospect?
- Across Adelaide, Prospect included, property management usually costs 9% to 11% of the rent collected, plus a letting fee when a new tenant is found. Wemark quotes every fee in writing before you sign, and lists what is included on its Adelaide property managers page.