OFF MARKET

1/6-8 Albert Street
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 95m2
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Property Details for 1/6-8 Albert St, Payneham

1/6-8 Albert St, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 95m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1978
Floor Size
74m2
Land Size
95m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U1/S4504

Last Listing description (December 2018)

Positioned on the ground floor of a well maintained, quiet group, this unit could be the perfect investment or move in to enjoy an enviable low maintenance eastern suburbs lifestyle.
With all the amenities close by such as Marden and Norwood Shopping Centre's, Good Life Gym and a great selection of kindergarten, primary and senior schools. A light and bright unit comprising 2 spacious bedrooms with built in robes, large lounge room, kitchen, bathroom and separate laundry, the unit is light and bright. A reverse cycle air conditioner also provides year round comfort.

A great addition to your property portfolio with a rental income of $260 per week and tenanted through to February 2019.
Call now for more information or to request an open inspection time.
If a land size is quoted it is an approximation only. You must make your own enquires as to this figure accuracy. Smallacombe Sanderson does not guarantee the accuracy of these measurements. Contact the local council on what is possible and what is not possible on this allotment.

Property History for 1/6-8 Albert St, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$245,000
19 Nov 2018
Listed for Rent
22 Jan 2018
  • 19 Nov 2018
    Sold for $245,000
  • 31 Jul 2018
    Listed for Sale Under Offer
  • 10 Jan 2018
    Listed for Rent - Price not available
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About Payneham 5070

The size of Payneham is approximately 0.8 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Payneham in 2011 was 2,220 people. By 2016 the population was 2,280 showing a population growth of 2.7% in the area during that time. The predominant age group in Payneham is 20-29 years. Households in Payneham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Payneham work in a professional occupation. In 2011, 57.7% of the homes in Payneham were owner-occupied compared with 53.3% in 2016.

Payneham has 1,301 properties. Over the last 5 years, Houses in Payneham have seen a 72.54% increase in median value, while Units have seen a 60.29% increase. As at 31 August 2024:

  • The median value for Houses in Payneham is $1,191,236 while the median value for Units is $529,121.
  • Houses have a median rent of $600 while Units have a median rent of $455.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Payneham.

Suburb Insights for Payneham 5070

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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.