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
$700,000
Last sold
15 Sept 2015
4
Bedrooms
2
Bathrooms
2
Car spaces
460 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
$700,000
15 Sept 2015 · 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
-47.4%
Median sale
Suburb $1,330,000
+2.01 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 Refined Real EstateAlexi Broikos welcomes you to the property you have been waiting for.
A quality family home masterfully built in a fantastic location and cleverly designed and finished in the latest style.
The open plan living area at the rear of the home is positioned to make the most of the north facing sunlight and provides a light and bright spacious area for the whole family to enjoy. The spacious modern kitchen boasts stainless steel appliances, large island bench and walk in pantry, setting the scene for many family meal times to come.
A generous dining area effortlessly compliments the spacious living area, whether entertaining large or small groups you will never be short of space or style. Designer lighting, high gloss porcelain tiling, quality plush carpet and coffered ceilings add special touches making this home shine.
Your master bedroom is generous in size, featuring a large mirrored walk through robe and designer ensuite with double vanity. Bedrooms two and three enjoy built in robes and a fourth bedroom will also suit a second living space or home theatre room.
This well thought out home also features a private study to make sure your every need is met.
The main bathroom is finished to the latest style and highest quality, top of the range fixtures and fittings throughout, along with double vanity and large family bath which is all you need to be sure your every desire has been thought through.
With separate laundry and secure lock up garage parking for two cars plus a perfect paved entertaining area and courtyard, this home will tick all your boxes.
Property features
Master with ensuite and walk in robe
4 double bedrooms
Separate study
Open plan living/dining
Stylish kitchen with ample cupboard space
Stainless steel appliances
Island bench
Stylish new bathrooms
Reverse cycle air conditioning
Plush carpeted bedrooms
High gloss porcelain tiles
Designer lighting
Coffered ceilings
Secure double gates
Low maintenance grounds
Paved rear courtyard
Double length garage
Fully fenced
In an ultra convenient location close to Norwood parade and quality shopping precincts plus only a short drive to the city, public transport and prestigious schooling, this home offers it all!
For information or the chance to make your dream come true, contact us today!
Call Alexi Broikos or Chloe Zhao any time to secure.
Listing description written by Alexi Broikos, Refined Real Estate — reproduced as published, not verified by Districts.