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.
$650,000
Last sold
8 Sept 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
285 m²
Land
120 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
$650,000
8 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Payneham (last 5 years) with land size have a median of $2,247/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
-61.7%
Median sale
Suburb $1,695,000
+2.83 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
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 OCOffers close Mon, 20th Sep - 5pm (usp)
Built in 2005, this one owner home is ideal for downsizers, first home buyers and investors, and is perfectly located in a quiet pocket of the highly sought after suburb of Payneham. Approximately 15 minutes drive to Adelaide CBD and very close to local shopping, this low maintenance courtyard home has plenty of living space while being the perfect lock up and leave for those that like to get away.
One in a group of 4 owner managed Community Titled homes, currently pay $100.00 per quarter administration and sinking fund with each dwelling required to arrange their own building insurance.
Comprising of 3 large bedrooms, 2 bathrooms, separate powder room and coupled with a generous open plan kitchen/living and dining, this home will have many features on your wish list.
What we love about this home:
- Stylish kitchen with large island bench overlooking spacious living/dining space, Omega gas cooktop, oven and range hood, Bosch dishwasher, Pura tap and good storage
- Generous fully tiled, light filled living and dining room with sliding door access to courtyard
- Generous carpeted Master bedroom suite with walk in robe, sliding door to courtyard and large ensuite bathroom
- 2 further spacious carpeted bedrooms
- 2.7m ceilings throughout
- Large central family bathroom
- Separate powder room
- Functional laundry room adjacent to kitchen with floor to ceiling storage
- Reverse cycle air conditioning throughout
- Remote controlled 2 car garage with internal access
- Spacious wrap around courtyard
- Monitored security alarm
- NBN connected with satellite dish connections available for Foxtel
- Zoned for Felixstow Community School and Norwood Morialta Middle and High School
- Just 5 minutes to nearby Marden and Firle shopping precincts
- Nearby public transport to CBD, and only a short walk to Payneham Road
Well maintained and ready for you to move in and enjoy. Inspection is a must!
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 295432
Listing description written by Mark Bressington, OC — 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.