OFF MARKET

12/6 Albert Street
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 12m2
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Last updated 11 Nov 2024
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Property Details for 12/6 Albert St, Payneham

12/6 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 12m2 and floor size of 74m2.

Building Type
Unit
Year Built
1978
Floor Size
74m2
Land Size
12m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U12/S4504

Last Listing description (January 2022)

Located in a superb location within the tightly held suburb of Payneham with proximity to Marden shopping Centre, St Peter cafes and a hop, skip and a jump across to The Parade in Norwood makes this an enviable yet affordable location without the blue chip price tag.

Enjoy the freedom of a two bedroom, one bathroom unit complete with a separate laundry, casual meals space adjacent to an updated kitchen, plus a separate dining space makes this unit more sizeable than others on the market that are neat and tidy. Located on the second floor which is great for added privacy - Perfect!

Currently tenanted until the 1st of March 2022 at $300 a week, gives you the flexibility to get everything in order to either make this your new found address or size up the fantastic opportunity at hand in adding this property to your growing portfolio as a healthy rental investment.

With a wide range of appeal, professionals will enjoy proximity to the CBD within 10 minutes whilst families will appreciate zoning for Trinity Gardens Primary & Norwood International High School with the bonus of easy access to a wide array of private schools at your doorstep such as St Josephs Payneham, PAC, St Peters' Boys College and Loreto College just to name a few alternative options.

Surrounded by plentiful parks and reserves to explore, moments from the vibrant Parade in Norwood with easy access to the CBD makes this one to put down on your inspection list to consider.

Covid Update:
To minimise risk in line with eased border restrictions, we're asking buyers to limit their visits at property inspections to less than 15 minutes and wear a face mask. Thank you for your cooperation.

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Property History for 12/6 Albert St, Payneham, SA 5070

A timeline of how this property has performed in the market
Listed for Rent
$270/w
23 Mar 2018
  • 03 Jan 2022
    Listed for Sale UNDER CONTRACT
  • 23 Sep 2021
    Listed for Sale $280,000
  • 05 Mar 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 1,295 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.

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