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 › Second Ave
$1,150,000
Last sold
28 Sept 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
330 m²
Land
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
$1,150,000
28 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Payneham South (last 5 years) with land size have a median of $2,174/m² of land (n=15). 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
-13.5%
Median sale
Suburb $1,330,000
+0.35 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 Harris Real Estate Daw ParkNestled in a charming, tree-lined street with convenient access to Glynburn Road shopping precinct, The Parade, and Magill Road, this modern courtyard home is a standout in both design and location.
Boasting 2.7m square set ceilings, soft neutral tones, LED lighting, and large format semi-gloss tiles, this stylish residence offers an inviting and contemporary atmosphere. The stunning north-facing alfresco area, framed by large picture windows, seamlessly integrates with the low-maintenance courtyard garden-an ideal setting for relaxation and entertaining.
Perfectly positioned in the highly sought-after school zones of Norwood International High School and Trinity Gardens School, the home features three spacious bedrooms with built-in robes. The master suite offers luxury with carpet for comfort under foot, a walk-in robe, and a fully tiled ensuite showcasing sleek finishes, a frameless rain shower, and a sophisticated palette of white, grey, and timber accents.
The thoughtfully designed kitchen is a chef's dream, with an abundance of storage, a light-filled window splashback, Essa stone benchtops, stainless steel appliances, and a convenient auto-lit corner pantry. The clever push-close utility zone adds to the seamless functionality of the space. The spacious laundry boasts ample cupboard storage, providing the perfect solution for all your organization needs. With generous cabinetry, you'll enjoy a clutter-free, efficient space for laundry tasks and household essentials.
An LED-lit, fan-cooled alfresco area offers year-round outdoor enjoyment, equipped with mains gas for the BBQ, a stainless steel range hood, and a neatly landscaped lawn area perfect for kids' play.
Just minutes from Portrush Road and less than 7km from the city, this custom-built courtyard home offers the perfect balance of luxury, comfort, and near-city convenience.
What you'll love:
- Custom-designed, Torrens-titled courtyard home (built 2017)
- Modern kitchen with ample storage and stainless steel appliances
- Plantation shutters and double-hung windows in the master bedroom
- Day/night roller blinds, ceiling fans, and robes in bedrooms 2 and 3
- Ducted reverse cycle air conditioning (4 zones)
- Extra-long garage with internal access and full-height storage
- Two fully tiled bathrooms, with a separate powder room and WC
- Security alarm system
- Landscaped grounds with a rear garden shed
- Zoned for Norwood International High School and Trinity Gardens School
Specifications:
CT / 6175/443
Council / Norwood Payneham & St Peters
Zoning / GN
Built / 2017
Land / 330m2 (approx)
Frontage / 10.67m
Council Rates / $1674.16pa
Emergency Services Levy / $177.40pa
SA Water / $209.28pq
Estimated rental assessment / $690 to $720 per week / Written rental assessment can be provided upon request
Nearby Schools / Trinity Gardens School, East Torrens P.S, Norwood International H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Jarred Stamoulis, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.