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
$1,025,000
Last sold
22 Feb 2017
4
Bedrooms
2
Bathrooms
4
Car spaces
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
$1,025,000
22 Feb 2017 · derived via latest_sale
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
-22.9%
Median sale
Suburb $1,330,000
+0.66 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 Bruse Real EstateAMAZING MODERN ADDITIONS, CHARACTER AND CHARM WITH MODERN NORTH FACING FAMILY ROOM ADDITIONS TWO UPGRADED BATHROOMS, THREE W/C'S, DOUBLE LENGTH CARPORT, DOUBLE GARAGE, IN GROUND POOL. LAND SIZE 752.5M2.
Please check the Vendor Points of Interest to see the work that they have done to this marvellous home in the last 27 years that they have lived there. IT IS A VERY GOOD STORY.
NEW ADDITIONS TO THE HOME WITH QUALITY FIXTURES AND FITTINGS GIVING A STYLISH LIFESTYLE TO THE HOME READY TO MOVE IN AND ENJOY. AMAZING OPPORTUNITY.
This character home is wonderfully located at 27 Luhrs Road, Payneham South a very iconic street well known for the quality of homes that the area offers and the home itself is something very special.
The home to the front of the residence includes four good sized bedrooms each room is character filled with high ceilings and original cornices and architraves. The home also includes at the front of the residence a formal sitting room with open fire place.
To the rear of the residence there is a stunning kitchen, meals area and family living room. This generous room measuring 9.5x7.6 metres has direct access to the laundry and third w/c together with direct access also to the outdoor living area of the home which further flows out to the in ground pool area.
The home features two excellent bathrooms which have been totally rebuilt and renovated to a very high standard. The generous laundry has access to the third w/c.
The external of the home includes a wonderful in ground pool completely secure for children and also an excellent undercover outdoor living area.
The home further includes a DOUBLE LOCK UP GARAGE to the rear corner of the residence and a DOUBLE LENGTH CARPORT which is positioned on the side of the residence.
Secure electronic gates to the front of the home gives this home that wonderful feeling of security.
Do not miss this! It is a brilliant mixture of the new and old.
VENDOR POINTS OF INTEREST
Our Sandstone Villa sets the tone for a contemporary modern lifestyle with rustic charm. Built in 1916 and named Millbrook its life and character has never faded. From leadlight windows to high ceilings, Baltic floorboards, fireplaces and moulded timber skirtings its classic features are timeless.
Being a busy modern family saw a need to revamp the living spaces, so a quality pitched roof, open style extension created a living hub that not only provides an easy lifestyle but emanates a sense of warmth, family and home. A newly renovated kitchen with Caesarstone benches and metallic charcoal flashbacks provides that wow factor.
Our love of entertaining was projected through the extension by the addition of French doors, a large verandah and fully tiled swimming pool. The low maintenance garden adds greenery to brighten up any weekend.
Millbrook has been the backbone of raising our family and has given us the best base to enjoy Adelaide's lifestyle, centrally located with only minutes to the city and nearby shopping and food precincts. We hope you find the warmth and happiness it has brought to us.
Features
- Fully monitored alarm system
- Front facade character fencing and electronic secure gate
- Good Neighbour boundary fencing
- Rinnai Infinity gas hot water system
- Actron fully ducted reverse cycle air conditioner
- Zen 14 panel 2.66 kw Solar Panel System
- Caesarstone benchtops, soft close drawers and Euro appliances in a newly renovated kitchen
- French doors leading to outside entertainment area
- High ceiling, pitched roof brick extension
- Built in robes in 4 rooms
- Ensuite in master bedroom, spa bath in main bathroom
- Bonasera constructed, concrete, fully tiled salt chlorinated pool
- Double garage with auto door plus carport
- Original leadlight, fireplaces, Baltic floorboards and high ceilings
- Minutes from Norwood and the City
- Built in storage in the laundry with outside access
BEVAN BRUSE 0419 809 852
THEON BRUSE 0419 816 470
Listing description written by Bevan Bruse, Bruse Real Estate — reproduced as published, not verified by Districts.