OFF MARKET

5/202 Payneham Road
Evandale SA 5069

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 93m2
Land area: 27m2
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Property Details for 5/202 Payneham Rd, Evandale

5/202 Payneham Rd, Evandale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 27m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1975
Floor Size
93m2
Land Size
27m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F5/C22929

Last Listing description (August 2021)

Set back from the pack and positioned in a small and humble group of eight, this fresh two-bedder perfectly balances a modern motif with low-maintenance security.

Currently owned as an investment with great potential for a profitable rental yield, the home provides great scope for every stage of life.

Singles will value the buzzing city-fringe lifestyle, couples will love the proximity to the offices of the CBD, families and savvy investors will love an astute addition to their property portfolio, and downsizers will love the 'lock-up and leave' way of life.

You will never be at a loss for dinner and drink locations again with proximity to the trendy restaurants and bars along Norwood Parade, in addition to the buzzing atmosphere of the CBD nightlife and annual festivals.

The best of a vibrant cosmopolitan life without the unwelcome price tag awaits

More to love:
- Set back from the street in a small, quiet group that has recently received a refreshing facelift
- Rare offering of two designated car spaces, one undercover
- Two spacious and light-filled bedrooms, both featuring built-in robes and main with ceiling fan
- Modern kitchen with stainless steel appliances including gas cooktop, filtered water system through the kitchen tap and plenty of cupboard space
- Sparkling bathroom with new toilet and vanity
- Separate internal laundry
- Ample storage
- Split system air conditioning
- Roller shutters for added security, noise and temperature control
- Rent ready with an impressive return
- Zoned for reputable East Adelaide, Trinity Gardens and Norwood Morialta Schools
- Close by to every necessary amenity at Marden and The Avenues shopping complex
- Public transport by way of bus just a short walk away

All of this and so, so much more.

CT 5943/129
Council / City of Norwood Payneham & St. Peters
Zoning / General Neighbourhood
Built / 1975
Council Rates / $1052.00pa
SA Water / $143.38pq
ES Levy / $104.20pa
Strata / $437.37pq
Nearby Schools / East Adelaide School, Trinity Gardens School, Open Access College, Open Access College Marden Campus

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property History for 5/202 Payneham Rd, Evandale, SA 5069

A timeline of how this property has performed in the market
Last Sold
$358,000
23 Aug 2021
Listed for Rent
$315/w
24 Aug 2018
  • 23 Aug 2021
    Sold for $358,000
  • 22 Jun 2021
    Listed for Sale $340k-$360k
  • 14 Aug 2018
    Listed for Rent $315 / week
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About Evandale 5069

The size of Evandale is approximately 0.4 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Evandale in 2011 was 1,331 people. By 2016 the population was 1,392 showing a population growth of 4.6% in the area during that time. The predominant age group in Evandale is 30-39 years. Households in Evandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Evandale work in a professional occupation. In 2011, 65.5% of the homes in Evandale were owner-occupied compared with 62.9% in 2016.

Evandale has 655 properties. Over the last 5 years, Houses in Evandale have seen a 69.59% increase in median value, while Units have seen a 60.70% increase. As at 30 September 2024:

  • The median value for Houses in Evandale is $1,401,278 while the median value for Units is $543,553.
  • Houses have a median rent of $560 while Units have a median rent of $378.
There are currently 6 properties listed for sale, and no properties listed for rent in Evandale on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Evandale.

Suburb Insights for Evandale 5069

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.