OFF MARKET

11/58 Portrush Road
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 151m2
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Property Details for 11/58 Portrush Rd, Payneham

11/58 Portrush Rd, Payneham is a 2 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 151m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1972
Floor Size
72m2
Land Size
151m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U11/S844

Last Listing description (February 2024)

Nestled amongst a group of units is this warm and welcoming 2-Bedroom home unit. Neatly presented and well maintained, this appealing home will suit downsizers, investors or those looking to dip their toes into the property market for the first time.

Features Include:

- Two good sized bedrooms, main with built in robes

- Bedroom 2 overlooks rear courtyard
- New carpet in bedrooms and new timber laminate flooring in living and kitchen
- Renovated kitchen has gas cooking and plenty of cupboard space, with access to rear yard

- Spacious lounge/dining room has split system air-conditioner
- Updated bathroom has shower/bath and W.C
- Large laundry adjacent bathroom
- Low maintenance yards with rear courtyard ideal for outdoor entertaining
- Solid brick construction

- Carparking located in front of the unit, with carpark access via Charles Street
- Rental potential $380 per week

A great little home in a popular location, close to Marden Shopping Centre, shopping, schools, transport, amenities and only 6kms from the Adelaide CBD. Don?t miss this fantastic opportunity to live and prosper in Payneham.
Note: for easy carparking and access to units, use Charles Street.

Council: Norwood Payneham & St Peters
Council rates: $1,154.50pa
Water: $70.80 pq
Sewer: $75.85 pq
ES Levy: $185.00 pa
Built: 1972
Strata: $575.00 pq
Rental potential: $360 - $380 per week

(You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.)

Property History for 11/58 Portrush Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$415,100
04 Aug 2023
Listed for Rent
$305/w
18 Sep 2019
  • 04 Aug 2023
    Sold for $415,100
  • 29 Jun 2023
    Listed for Sale $369,000 - $389,000
  • 16 Sep 2019
    Listed for Rent $305 / week
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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 1,295 properties. Over the last 5 years, Houses in Payneham have seen a 70.43% increase in median value, while Units have seen a 66.64% increase. As at 31 October 2024:

  • The median value for Houses in Payneham is $1,191,955 while the median value for Units is $524,664.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and 4 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.