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 › Ashbrook Ave
6
Bedrooms
2
Bathrooms
8
Car spaces
1,100 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Payneham (last 5 years) with land size have a median of $2,279/m² of land (n=23). 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.
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 LJ Hooker Kensington41 Ashbrook Avenue Payneham
Repurpose - Redevelop
Authentic as it gets, this is real Retro, totally original. Step back in time, double brick and at 65 yrs old in need of a bit of love and attention. To finalise an estate, this home can spring into life, it's time. Either start slowly and renovate, it has good bones and the solid timber flooring would look brilliant if polished as it's in original condition. You can secure a home with potential, in this very hot suburb. Versatile, it would be so easy to turn into a contemporary, Open Plan concept, or reconfigure to suit your taste. Main lounge area with red hardwood timber flooring, feature a broad span of colonial, multi paned bay windows which floods the home with light. The original lighting is sure to appeal. Double doors lead to the formal dining room off the kitchen. Check out the storage and glass display unit filling an entire wall. Definitely 1950's and let the breezes flow through from the heavily forested rear yard - a gardeners challenge as it has been left uninterrupted for many years. Red laminate bench tops with baby blue cabinetry in the kitchen are over 60 years old and have the age spots to tell the tale. Spruce it up, the choice is yours and the same goes for the mid century pink and black terrazzo bathroom - original fittings and screen, it would cost a fortune to replicate.
Three good size bedrooms, the main with a floor to ceiling inbuilt robe of many doors and drawers. Most would dream of such storage capacity, pretty impressive. So to develop or refresh it and rent out while you design your dream home are both options and if you decided to go a step further , secure the adjoining property with a total over 1,100sqm (approx), opportunities are endless with possibility to divide and develop STCC.
Walk to Payneham Oval, parks and tennis courts, shopping at Marden Shopping Mall and within minutes of Norwood and Stepney. Every lifestyle service and amenity and only 15 minutes from the centre of the CBD, no wonder Payneham is such a sought after Eastern suburb address - miss this and there's no guarantee when the next opportunity will present with No. 41. frontage of 22.33m and No.43 26m approx. The property is sold on an "as is basis".
AUCTION: Friday, 17th February at 11am (USP) - CONTRACTED AT AUCTION
Please note: 43 Ashbrook Avenue Payneham to be auctioned first and 41 Ashbrook Avenue Payneham to be auctioned second.
($850,000)
OFFER FORM LINK
https://me.propps.com/agt_HBN9ZAxQ7TttITUH#propps:lst_oBCYrCdJSVLG
Please copy and paste the above link into your browser
*Please specify in the "Additional Comments" section which property you are submitting the offer for.
*If the offer is for both properties, please specify the amount offered on each property.
CT: Volume 5812 Folio 977
Council: Norwood Payneham & St Peters
Council rates: $1,352 per annum (approx)
Water rates: $184.82 per quarter (approx)
Land size: 578sqm (approx)
Frontage 22.33m (approx)
Year Built: 1959
43 Ashbrook Avenue Payneham
Prized corner position
Opposite the exceptional Payneham Oval with outstanding facilities on Rosella Street. This side access gives amazing opportunities as it has wide frontage to Ashbrook Avenue and great opportunity to upgrade, demolish or potential, to subdivide (subject to council consents). To finalise an estate, it comes to market with the adjoining home offering a chance to rent out till all your Plans and Approvals are in place. It's well maintained and easy to extended with contemporary flair and minimal expense. Create a very upmarket home in a central, location or seize the moment and develop a prime corner site with broad frontage . Purchase the adjoining property at No. 41, it's a rare opportunity to secure double street frontages to maximise your future.
An investment property for many years, it's ideal if you want an income while sorting out your plans and approvals. The home is currently disposed as a light filled lounge with double doors to adjoining dine in kitchen. The home is carpeted with vinyl in the kitchen area and a split system and original wall unit A/C. A large Blackwood kitchen gives a great gathering place at the centre of the home with room for a full sized dining table for great family and social get togethers. The main bedroom with large mirrored robe has a wide span of windows so it's light and bright with Venetian blinds and the other two bedrooms have room for built-ins if needed. An original, pink and black Terrazzo bathroom with full bath gives you a touch of yesteryear! Ripe for renovating or not as it's so trendy. A full laundry leads to a rear covered verandah and the side access allows for drive in and extra parking with a full single garage and a carport as well as on site. Garden is minimal and neat with established front and rear lawns.
This home has the potential to be whatever you want it to be - a very easy makeover or the very solid base for a repurposed home - could it be your forever home? You won't find much better with such a desirable suburb. If you want a home to suit you now and to become your future investment - consider the obvious, buy it now and watch it grow and down the track when you're set up and want to maximise the opportunity, then subdivide (subject to council consents) and you can have your cake and eat it too. One to live in, one for an investment to sell or hold. The property is sold on an "as is basis".
Top position - Shops - Transport - School Marryatville High.
AUCTION: Friday, 17th February at 11am (USP). - CONTRACTED AT AUCTION
Please note: 43 Ashbrook Avenue Payneham to be auctioned first and 41 Ashbrook Avenue Payneham to be auctioned second.
($895,000)
CT: Volume 5549 Folio 73
Council: Norwood Payneham & St Peters
Council rates: $1,523.18 per annum (approx)
Water rates: $184.82 per quarter (approx)
Land size: 579sqm (approx)
Frontage: irregular 24m (approx)
Year Built: 1958
OFFER FORM LINK
https://me.propps.com/agt_HBN9ZAxQ7TttITUH#propps:lst_oBCYrCdJSVLG
Please copy and paste the above link into your browser
*Please specify in the "Additional Comments" section which property you are submitting the offer for.
*If the offer is for both properties, please specify the amount offered on each property.
LJ Hooker Kensington | Unley provide a service called Auction Pay which allows you to pay your deposit online, on the spot at Auction, rather than having the hassle of arranging payment by cheque. Please contact Gabrielle Overton to find out more about this service.
The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
RLA 275279
Listing description written by Gabrielle Overton, LJ Hooker Kensington — reproduced as published, not verified by Districts.