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 › Portrush Rd
0
Bedrooms
0
Bathrooms
0
Car spaces
767 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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.
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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
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 Ray White KensingtonAn extraordinary opportunity exists to acquire 40 Portrush Road (vacant land of 747sq.m approx.) and 42 Portrush Road (house on a 570sq.m allotment approx) properties as a whole or individually. The properties are on separate Titles and present the discerning purchaser(s) with a myriad of exciting possibilities.
Please copy and paste the below link into your browser to see 42 Portrush Road Payneham
https://raywhitekensington.com.au/L25247160
Offered for the first time in many years, this represents a once-in-a-lifetime opportunity. Bought as a whole and capitalising on a total 1317sq.m (approx.) of blue-chip land in a prime lifestyle location that is highly accessible to quality schools, the CBD, brilliant shopping, dining and bus stops out the front. This premium west-facing site, stretching back an impressive 35.31m (approx), provides the rare credentials required to design a lavish family home or set a new benchmark of easy-care living with a group of luxury town residences (subject to planning consents).
At 42 Portrush, the existing (early 1900s) period home's great bones provides the ideal foundation for those with imagination and vision to undertake a contemporary renovation and extension beyond the original façade. Alternatively, the significant parcel of land with a 16.15m approx. frontage is perfectly poised for its next chapter. Start again and create an exclusive and private family home or a dual-townhouse development (STPC).
Tenanted for the last 7 years, the home is currently in comfortable condition to continue to lease out while considering the many options. The 2 bedroom home features soaring ceilings, lounge room, functional kitchen/meals, bathroom, laundry, separate WC and driveway with plenty of off-street parking.
If purchased individually, the vacant block of land at no. 40 Portrush Road with a 17.14m (approx.) width is also suitable for a dual-residence development, or a brand-new family showstopper befitting of its premium address (STPC).
As the demand for residential luxury residences close to the City continues to surge, now's the time to seize this landmark opening to develop these sites, bring your grand plans to this sought-after address and realise its vast future potential.
This is an opportunity you simply can't miss!
Auction: Thursday 14th December at 09:30am on site
CT: 6046/229
Council: Norwood, Payneham and St Peters
SA Water: $193.93pq(approx)
RLA 312012
Listing description written by Andrew Welch, Ray White Kensington — reproduced as published, not verified by Districts.
Nearby 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.