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
$1,428,000
Last sold
1 July 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
698 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
$1,428,000
1 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Payneham South (last 5 years) with land size have a median of $2,990/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
+7.4%
Median sale
Suburb $1,330,000
-0.16 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 Smallacombe Real Estate Burnside~ Auction: Saturday 1st July @ 11:00am (unless sold prior) ~
This Torrens Titled Architectural masterpiece offers a refined and luxurious lifestyle within a meticulously presented, as-new classic residence built in 2019. The property showcases a private and secure sanctuary, tucked away behind an electronically controlled gate and driveway.
Featuring wide hallways, high ceilings, solid custom wood doors, and plush carpets, the interior is enhanced by high-quality soft furnishings, plantation shutters, and exquisite light fittings. The well-designed floor plan includes a bright Master bedroom with a beautifully tiled ensuite featuring a double vanity and a spacious walk-in robe. Adjacent to the master bedroom, a versatile home office/4th bedroom/flex space benefits from ample natural light and is conveniently separated from the entertainment and living areas of the home.
The oversized open plan living area at the rear of the property includes a meticulously planned kitchen with an abundance of impeccably finished cabinetry, stone-covered benchtops, and stainless steel SMEG appliances, including an oversized oven with a gas cooktop. A picture window overlooks the rear lawns, and the impressive island bench serves as a focal point for gourmet entertaining. The adjacent butler's pantry offers additional storage and bench space, catering to even the most discerning chef.
The generously proportioned living/dining area opens onto the tiled alfresco patio, complete with a fully equipped built-in kitchen, all-weather blinds, and a ceiling fan. The landscaped rear and side gardens are fully irrigated and feature a harmonious blend of trees, shrubs, and lawn, designed for low-maintenance living that effortlessly combines luxury and comfort with the convenience of a lock-up-and-leave lifestyle.
A separate wing within the custom-designed floor plan accommodates two double bedrooms with built-in robes, a deluxe family bathroom, and a spacious laundry with direct outside access. The hallway in this wing provides internal access to the large double garage (under the main roof) with an automatic panel lift door and direct outside entry. Additional secure parking space is also available for multiple vehicles.
This luxuriously built forever home offers efficient zoned ducted reverse cycle air conditioning for optimal comfort, a cost-effective 5kW solar system, and premium flooring, soft furnishings, cabinetry, fixtures, and fittings throughout. Located in an excellent school zone with access to prestigious public and private schools, as well as convenient transport options, this property is just minutes away from Norwood Parade and a short 7km distance from the CBD.
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Norwood, Payneham & St Peters
CT: Volume 6204 Folio 773
Council Rates: $1,903.98 per annum
SA Water: $227.79 per quarter
ESL: $199.30 per annum
Land Size: 698sqm (approx.)
Year Built: 2019
Zoning: General Neighbourhood
Listing description written by Robyn Coles, Smallacombe Real Estate Burnside — reproduced as published, not verified by Districts.