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
3
Bedrooms
1
Bathrooms
2
Car spaces
661 m²
Land
230 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
No recorded sale price for this property yet.
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.
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 Ray White NorwoodQuietly located in a delightful tree-lined street and sited on a level, rectangular, 661m² allotment, this original solid brick home is in excellent condition and offers a great opportunity for younger buyers and the lovers of larger allotments to enter the market with a future proof traditional block.
Developers may wish to explore the urban revitalisation potential of the allotment, while home renovators with an eye for quality certainly be impressed with the 'good bones' of this unique offering. (STCC)
The home offers 5 main rooms across a 3 bedroom design. A generous lounge offers gas heater and bright bay window while the adjacent kitchen/meals features timber grain cabinetry, tiled splashback's, double sink and freestanding gas stove.
All 3 bedrooms are of generous proportion, all offer ceiling fans for your personal comfort.
A simply stunning example of art deco design can be seen in the original bathroom where terrazzo floor, pedestal basin and wall tiles from the era make a bold statement. A separate toilet and walk-through laundry complete the interior.
Outdoors offers a generous rear yard with a full width verandah overlooking. Older outbuildings from the era now make good garden storage sheds while a generous single carport with automatic panel lift door and galvanised iron garage accommodate the family cars.
Briefly:
* Original solid brick home on generous traditional rectangular allotment
* Home of 5 main rooms including 3 spacious bedrooms
* Spacious lounge room with gas heater and bay window
* Combined kitchen/dining with timber grain cabinetry, tiled splashback's, double sink and freestanding gas stove
* All 3 bedrooms with ceiling fans
* Original art deco bathroom with appealing fittings
* Separate toilet
* Walk-through laundry with exterior access
* Ful lwidth rear verandah overlooking large, level back yard
* Traditional garden shedding
* Oversize single carport with auto panel lift door
* Galvanised iron garage
* 13 solar panels producing 3 kW of valuable energy
* Ducted reverse cycle air-conditioning
* Rainwater tank
* Established fruit trees
Perfectly located only 4.5 km or 10 minutes to the city. The Payneham Oval is just up the road, a great environment for your exercise and outdoor relaxation with football, tennis, cricket and public open spaces including a playground.
Great shopping can be found at Firle Shopping Centre or Marden Shopping Centre.
The local zoned primary school is Trinity Gardens Primary and secondary school zone is Norwood Morialta High & Middle Schools. Quality private education is nearby at St Joseph's Primary, Marden Senior College, Pembroke College and St Peters College.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray 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.
Property Details:
Council | Norwood Payeham & St Peters
Zone | GN - General Neighbourhood
Land | 661sqm(Approx.)
House | 230sqm(Approx.)
Built |1964
Council Rates | $1,482.20 pa
Water | $199.85 pq
ESL | $383.80 pq
Listing description written by Stefan Siciliano, Ray White Norwood — reproduced as published, not verified by Districts.