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 › Devitt Ave
$1,600,000
For sale
$1,600,000
Last sold
3 May 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
819 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
Asking
$1,600,000
3 May 2024 · 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
+20.3%
Median sale
Suburb $1,330,000
-0.38 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.
$102,158 on top of the price (6.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Payneham South's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 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 Belle Property NorwoodConstruction is entering its final stages, with completion anticipated in just 6 weeks. With only three Torrens Title residences available, now is your opportunity to secure a brand-new luxury home before the doors officially open.
Lot 1 - 75 Canterbury Ave - Under contract
Lot 2 - 77 Canterbury Ave - Available
Lot 3 - 79 Canterbury Ave - Available
Purchasing before completion not only secures a premium new residence, but also offers the advantages of buying brand new, including potential stamp duty savings, First Home Owner Grant eligibility for qualifying purchasers, and potential tax advantages for eligible investors. Buyers can also enjoy the peace of mind that comes with a new-build warranty and a home that has never been lived in.
Built by the renowned Precinct One Constructions, these architecturally designed residences deliver premium finishes, generous proportions and an exceptional lifestyle just minutes from Adelaide's CBD.
Designed for modern families, professionals and downsizers alike, the versatile four-bedroom floorplan features two master suites-one on each level-providing flexibility for multigenerational living or long-term guest accommodation. Multiple living zones, a spacious alfresco and an oversized double garage ensure every element of daily living has been thoughtfully considered.
At the heart of the home, the designer kitchen combines striking aesthetics with everyday practicality. Featuring Lavistone benchtops, a porcelain splashback, premium Smeg appliances and a walk-in pantry connecting seamlessly to the laundry, it's a space that's equally suited to entertaining and family life.
Luxury continues throughout with engineered timber flooring, plush wool carpets, floor-to-ceiling porcelain tiled bathrooms and carefully selected finishes that create a timeless, sophisticated interior.
Positioned within one of Adelaide's most tightly held eastern suburbs, you'll enjoy easy access to The Parade, Marden Shopping Centre, Magill Road, quality cafés, public transport and some of Adelaide's most sought-after schools.
With completion only weeks away, buyers have a rare opportunity to secure one of these exceptional residences before they're finished. Once construction is complete and buyers can experience the homes firsthand, demand is expected to be even stronger-making now the ideal time to secure your place.
- Completion expected in approximately 6 weeks
- Four bedroom, 3.5 bathroom Torrens title residence
- Double garage with internal home entry
- Ground level guest bedroom featuring a walk-in robe and ensuite
- Engineered timber veneer floors throughout open plan living
- Premium kitchen with a walk-in pantry through to laundry facilities
- Stone Ambassador porcelain tiled kitchen splashback
- Lavistone kitchen benchtops, suite of Smeg appliances
- Wool carpets in upstairs bedrooms
- Master featuring ensuite and expansive walk-in robe
- 3rd and 4th bedrooms with built-in robes
- Floor-to-ceiling porcelain tiling in bathrooms, powder room and laundry
- Alfresco patio for outdoor living
- Zoned Marryatville High School and Trinity Gardens School
- Near St Josephs Payneham, Pembroke School, Mary Mackillop College, Loreto College
- Walk to local cafes and bus stops
*** Disclaimer: Artist impressions and plans are for illustrative and marketing purposes only. Floor plans are indicative and subject to change. ***
RLA 285309
Listing description written by Clarence Ling, Belle Property Norwood — 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.