OFF MARKET

10/389 Payneham Road
Marden SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 66m2
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Property Details for 10/389 Payneham Rd, Marden

10/389 Payneham Rd, Marden is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1965. The property has a land size of 66m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
1965
Floor Size
68m2
Land Size
66m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U10/S6646

Last Listing description (April 2022)

Set in a fantastic location, this low-maintenance, humble abode is perfect for investors, first home buyers, and savvy buyers alike. The home comprises of 2 bedrooms, a bathroom, kitchen, large living and meals area and separate laundry.

The living area is spacious in size and can fit a generous amount of furniture as seen in the photos. Flowing through to the kitchen and meals area you have a sense of space and a modern feel as the natural light flows in through the large windows. The kitchen/meals area has ample room to move with enough space for a fridge and dining table, with direct access to the rear balcony and laundry.

Both bedrooms have a ceiling fan with the master bedroom containing a built-in robe and both have easy access to the main bathroom. In the bathroom, you will find all of the necessities such as a bath/shower, toilet, vanity and mirror. The bathroom is in fantastic condition but is also an area that the next owner can remodel and create their own masterpiece.

Having your own laundry is an added bonus and makes life easier being at the rear of the property. The unit also comes with its own off-street parking space for added convenience. This is the ultimate location for someone looking for either a low-maintenance abode or a convenient property to call their own. Being moments away from public transport, an abundance of fast food and restaurants within walking distance and all this being just a short 15-minute drive to Adelaide's CBD.

Specifications:
CT / 5014/368
Council / City of Norwood Payneham & St Peters
Zoning / HDN
Built / 1965
Estimated rental assessment: $330 - $350 per week (written assessment can be provided upon request)
Nearby Schools / Vale Park P.S, Open Access College, Open Access College Marden Campus, Charles Campbell College, Marden Senior College

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 and financial 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. RLA | 226409

Property History for 10/389 Payneham Rd, Marden, SA 5070

A timeline of how this property has performed in the market
Last Sold
$307,000
27 May 2022
Listed for Rent
$240/w
30 Nov 2015
  • 27 May 2022
    Sold for $307,000
  • 15 Mar 2022
    Listed for Sale $289k-$309k
  • 23 Nov 2015
    Listed for Rent - Price not available
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About Marden 5070

The size of Marden is approximately 1.1 square kilometres. It has 7 parks covering nearly 20.5% of total area. The population of Marden in 2011 was 2,342 people. By 2016 the population was 2,312 showing a population decline of 1.3% in the area during that time. The predominant age group in Marden is 20-29 years. Households in Marden are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marden work in a professional occupation. In 2011, 46.9% of the homes in Marden were owner-occupied compared with 55.5% in 2016.

Marden has 1,446 properties. Over the last 5 years, Houses in Marden have seen a 54.16% increase in median value, while Units have seen a 92.23% increase. As at 31 October 2024:

  • The median value for Houses in Marden is $1,163,186 while the median value for Units is $565,666.
  • Houses have a median rent of $625 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Marden on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Marden.

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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.