Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Payneham › Portrush Rd
2
Bedrooms
1
Bathrooms
2
Car spaces
745 m²
Land
107 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Payneham (last 5 years) with land size have a median of $2,279/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $572/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodRay White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Prepare to live amongst the upbeat urban sophistication of Payneham! This block offers a contemporary lifestyle only a heartbeat away from Marden Shopping Centre but with the harmony and relaxation of the Hamilton, Drage and Felixstowe Reserves at your doorstep, enabling the very best of contemporary city living.
Quietly nestled on the edge of the north/eastern suburbs, 18 Portrush Road, Payneham provides easy access to the Adelaide CBD being only 6km away as well as the Norwood Parade being only a 3.4km drive while sports clubs and recreation centres in the area are in an abundance.
Take advantage of the new Government incentive with this Torrens Titled block. The allotment shape and size makes the process of choosing a builders plan simple, with most major builders providing ready made blueprints which reduces any costs involved in customising a design to fit.
Allotment Dimensions:
Land size - 745sqm (Approx.)
Frontage - 15.2m (Approx.)
Depth - 49m (Approx.)
In Brief:
* Ideal for investors, retirees, families and executives
* Desirable suburb location
* Close proximity to shopping centres and quality schools
* Direct bus routes into Adelaide CBD
Currently on the allotment sits a 2 bedroom 1945 Art Deco property, leased for $330 per week with an ongoing tenancy.
The Payneham Oval is just up the road with football, tennis and cricket clubs as well as excellent public open spaces including a playground, a great environment for your exercise and outdoor relaxation.
Local schools include St Joseph's Primary, Trinity Gardens Primary, East Adelaide School and Marden Senior College along with close proximity to Pembroke and St Peters Colleges. Public transport is just within walking distance and provides direct bus routes into the hustle and bustle of the Adelaide CBD.
Your enquiry is encouraged!
Property Details:
Council | NORWOOD PAYNEHAM & ST PETERS
Zone | R - Residential
Land | 745sqm(Approx.)
House | 107sqm(Approx.)
Built |1945
Council Rates | $1,422.26 pa
Water | $193.66 pa
ESL | $368.15 pq
Ray White Norwood are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
We strongly recommend that if you have recently returned from travel interstate or overseas or are feeling unwell at this time, please contact the listing agent to discuss alternative ways to view or bid at any upcoming auctions and/ or appointments.
Listing description written by Nick Roma, Ray White Norwood — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.