Payneham South at a glance
1,819
People
$1,330,000
Median sale
$572/wk
Median rent
2.24%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
SA › Payneham South › Luhrs Rd
$905,000
Last sold
23 Apr 2016
4
Bedrooms
2
Bathrooms
1
Car spaces
716 m²
Land
325 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$905,000
23 Apr 2016 · derived via latest_sale
Local land rate: recorded House sales in Payneham South (last 5 years) with land size have a median of $2,582/m² of land (n=16). Districts calculation from recorded sales — not a valuation.
Payneham South at a glance
1,819
People
$1,330,000
Median sale
$572/wk
Median rent
2.24%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Payneham South
-32.0%
Median sale
Suburb $1,330,000
+1.05 pp
Gross yield
Suburb 2.24%
Suburb median $1,330,000 from 9 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
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
UnknownNearby 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.
Area
Payneham South at a glance
1,819
People
$1,330,000
Median sale
$572/wk
Median rent
2.24%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Toop & Toop Hyde ParkBathed in natural light and surrounded by a lush, low maintenance garden, this contemporary family home has everything at your fingertips.
Built in 2013 for the current owners the home enjoys an excellent layout with generous sized rooms, 3 metre high ceilings, and a well thought out floor plan.
Enter into the sun filled foyer adjacent to the study and follow the beautiful solid timber floors around to the extensive hallway. All rooms lead off from the hallway that takes you to the back of the home where you will find the expansive kitchen /family living area.
Perfect for the growing or established family, the home offers a flexible floor plan, with four bedrooms (or three plus a large study), 2 bathrooms and a theatre room. The master bedroom has an en-suite with double vanity and a large walk-in robe neatly built behind the bed head. The remaining two bedrooms have built-ins and adjoin the 2nd bathroom, separate W/C and vanity.
A feature for the home is the theatre room with Epson projector. The perfect place to hide away and lose yourself in the surround sound whilst watching the TV, movie or playing your favorite game.
The kitchen/living area at the rear of the home will impress. Large and light filled over looking the back yard with sliding doors leading out onto the entertaining terrace. The kitchen comes complete with walk in pantry, wine room, an island bench, stone bench tops, smeg oven and Bosch dishwasher.
A single garage allows direct entry to the home and to the side of the home where you can also enter via the laundry.
This magnificent home is close to schooling, shops and transport. Situated on a 716sqm allotment this 2 year old home has been built with so much thought and care.
Features:
Commercial ducted air conditioning
Solar panels – 7kw
Irrigation – manual with timer
Heat lamps in bathroom
Triple insulation
Remote controlled garage door
Theatre room with Epson projector & built in surround sound
Nearby:
The Parade Norwood Shopping precinct
Public transport
Trinity Gardens Primary School
Firle Shopping Centre
Marden Shopping Centre
Listing description written by Tim Thredgold, Toop & Toop Hyde Park — reproduced as published, not verified by Districts.