Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Payneham › Victoria St
$1,335,000
Last sold
27 Sept 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
651 m²
Land
168 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
$1,335,000
27 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Payneham (last 5 years) with land size have a median of $2,280/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Payneham
-21.2%
Median sale
Suburb $1,695,000
+0.48 pp
Gross yield
Suburb 1.75%
Suburb median $1,695,000 from 11 recorded sales (last 12 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 at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownA beautiful stone-fronted bungalow bursting with potential and superbly positioned in this sliver of the sought-after east no-less will send hearts a flutter with what could be. Spilling with all the character charm of its c.1925 footings, as well as set on a tantalising 647m2 parcel of land – 4 Victoria Street takes its already contemporary-extended footprint and offers a coveted opportunity to plant your feet for a generation to come.
Let yourself be captivated by understated grandeur as lofty ceilings, solid timber floors and grand hallway set a familiar standard that continues to a vastly adaptable 4-bedroom layout. Modern inclusions along the way see a spacious ensuite to the bright and airy master, as well as updated main bathroom, before stepping across the central sitting area helmed by a cosy fireplace offers that elusive appeal of open-plan living we all dream of.
From entertaining friends as you cook up a storm in the contemporary-chic chef's zone, keep an eye on the kids as they relax, hit their homework or soak up the sun in the backyard, right through to enjoying the free-flow of fun weekend get-togethers that spill outside to an all-weather alfresco keeping you in complete comfort for sunny lunches to vino-inspired evenings – this tastefully extended family home has your best needs at heart.
The perfect foot-in-the-door to this exclusive locale, while seizing a stunning character canvas to catapult further and bring this prized address to truly enviable standards when you're ready, there's little here imagination and aspiration can't reach.
With schools, vibrant shopping precincts, the iconic Linear Park and even the CBD all at an easy arm's reach combining to deliver a lifestyle emphasis rich with family-friendly appeal, this is every bit the base everyone wants but only the lucky family score. Make it yours!
Features you'll love:
- Beautiful sandstone bungalow, lovely porch entry, wide hallway, solid timber floors and lofty ceilings
- 3 large and light-filled bedrooms, master with classic contemporary ensuite, as well as handy 4th bedroom or home office option
- Cosy sitting area with feature fireplace extending to a lovely open-plan modern contemporary extension headlined by the spacious cook's kitchen flush with chic cabinetry and stainless appliances
- Huge outdoor entertaining area with all-weather verandah overlooking a picturesque and sunbathed backyard of flowering, established gardens and sea of lush lawn ideal for the kids to play or family pet to roam
- Updated modern bathroom, separate powder and guest WC adjoining the family-friendly laundry, and modest solar system for lower energy bills
- Charming frontage, long secure carport and large shed for accessible storage
- Incredible scope to renovate and update further, while retaining the gorgeous character frontage (subject to council conditions)
- A short stroll to St Joseph's, moments further to Trinity Gardens Primary and zoned for Marryatville High
- Around the corner from the recently redeveloped Marden Shopping Centre for easy access to all your daily essentials, while still be a stone's throw to Firle Plaza and Kmart as well as the bustling Parade Norwood for an unrivalled shopping, café, restaurant and entertainment lifestyle
- Walk, ride, bus or drive into Adelaide CBD just 3.6km from your front door
Specifications:
CT /5687/43
Council /Norwood Payneham and St Peters
Zoning /GN
Built /1925
Land / 651m2
Frontage / 15.24m
Council Rates / TBA
Emergency Services Levy / $242.55pa (approx)
SA Water / $273.35pq (approx)
Estimated rental assessment: $720 - $750 p/w (Written rental assessment can be provided upon request)
Nearby Schools /Trinity Gardens School, East Adelaide School, Marryatville 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 Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.