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.
$2,200,000
Last sold
1 Nov 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
862 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
$2,200,000
1 Nov 2025 · 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
+29.8%
Median sale
Suburb $1,695,000
-0.40 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
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 Turner Real Estate AdelaideAuction Location: On Site
69 Avenue Road is a stunning Torrens Titled residence built by Normus Homes (HIA SA Professional Medium Builder 2022 & 2023), set on a generous 862m² (approx.) allotment in one of Payneham's most family-friendly pockets.
This thoughtfully designed home combines architectural finesse with premium finishes, offering a lifestyle of ease, efficiency, and convenience.
The highly functional floorplan offers flexibility for the modern family, with multiple living zones including a dedicated home office or music room, a large rumpus that can double as a retreat or fourth bedroom, and oversized bedrooms that give everyone their own space to unwind.
Soaring ceilings define the interior - 2.7m at the front, a dramatic 3m vaulted entry, and 3m ceilings throughout the expansive rear living zone - filling the home with natural light and a sense of volume.
Each bedroom has been carefully designed with plush carpet underfoot, generous proportions, and ample storage. The master suite features a spacious walk-in robe and ensuite with underfloor heating.
Climate control is effortless with zoned ducted heating and cooling and ceiling fans throughout. Sustainability and efficiency are front and centre with a 6.6kW solar system (18 panels) while smart lighting and a Swann 6-camera security system provide comfort and peace of mind.
At the heart of the home, the gourmet kitchen impresses with Caesarstone benchtops, premium Bosch appliances, an induction cooktop, and a large walk-in pantry, all positioned to overlook the spacious light-filled open plan living and dining area, perfect for both everyday family life and entertaining.
The large, private landscaped backyard is a standout, ideal for kids, pets, and weekend entertaining. Families will love the professionally constructed basketball court, lush lawn area, and low-maintenance garden.
Located in a vibrant, family-friendly area, this home is zoned for Norwood International High and Trinity Gardens School, with parks and playgrounds just moments away. Enjoy easy access to local football, cricket, and tennis clubs, as well as shopping at Coles and Woolworths in Firle and Marden. Grab a coffee at Cheeky Grin or jump on public transport via Payneham, Portrush, and Marian Roads. Norwood and The Parade are also just minutes away.
This is the ultimate home for growing families or savvy buyers looking for comfort and long-term value.
Move-in ready and built to the highest standard - your next chapter begins here.
Reasons to love this home:
- Torrens Titled built by Normus homes in 2022
- Ducted reverse cycle heating and cooling
- 6.6kW solar system (18x panels)
- Designer kitchen with large walk-in pantry
- Master bedroom with walk-in robe and ensuite with underfloor heating
- Generously sized bedrooms with built-in robes
- Undercover outdoor entertaining area with electric blinds
- Basketball court with reinforced 100mm concrete slab
- Double-glazed uPVC windows
- High-grade insulation to walls, ceilings, and roof blanket
- Ample storage throughout home
- Double garage with three-phase power and EV provision
- Zoned for Norwood International High School and Trinity Gardens School
CT / Vol / Fol
Year built / 2022
Land Size / 862 sqm (approx.)
Council / City of Norwood Payneham & St Peters
Council Rates / $3269.06 p.a.
Water & Sewer / $TBA p.q.
ESL / $TBA p.a.
Torrens Title
Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Listing description written by Julia Kirreh, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.