OFF MARKET

13/18 John Street
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 73m2
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Property Details for 13/18 John St, Payneham

13/18 John St, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 73m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1974
Floor Size
80m2
Land Size
73m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U13/S2106

Last Listing description (November 2024)

Best offers by 1pm, Tuesday 19th November 2024 (USP).

If you have been in pursuit of a well-appointed home that doubles as a rare investment opportunity in the heart of Payneham, then welcome to 13/14-18 John Street. This secure two-story townhouse, currently leased until August 2025, yields an impressive weekly return of $440, providing a sure-shot, steady investment.

This address presents the perfect union of convenience and captivating suburban living: six kilometres from the bustling CBD of Adelaide, only a few strides away from public transport junctions, making day-to-day commuting and urban accessibility an absolute breeze.

Complementing its great location is its proximity to numerous lifestyle amenities. Football enthusiasts and fitness lovers can enjoy the green expanse of the nearby Payneham Oval while St Joseph's Payneham and Trinity Gardens School, less than a 1km away, promise quality education for growing families.

Your palate, too, is well catered for with Cheeky Grin Coffee and a smorgasbord of eateries along nearby Magill Road. Shopaholics can satisfy their retail cravings at Burnside shopping centre and The Parade, barely a few minutes away.

In this secure two-story townhouse, enjoy interior features designed for comfort - spacious living and dining room basked in natural light, a well-equipped kitchen, and a separate laundry unit. Ascend to the second floor to find two generously-sized bedrooms, complete with built-in wardrobes and ceiling fans for your comfort.

In summary, the property offers:
? Secure tenancy until August 2025 at $440pw, promising solid returns
? Proximity to Adelaide CBD, schools and Payneham Oval
? Array of eateries and shopping centres nearby, ensuring a vibrant lifestyle
? Spacious townhouse layout with attractive inclusions
? Charming private courtyard for relax-outs

So whether you're an investor seeking a reliable income source or a first-time homebuyer looking for a fantastic starter home, 13/14-18 John Street, Payneham delivers a promising prospect. All that's left is for you to seize the opportunity!

Property History for 13/18 John St, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$295,000
03 Jul 2020
Listed for Rent
$400/w
21 Aug 2023
  • 28 Oct 2024
    Listed for Sale $450,000
  • 14 Aug 2023
    Listed for Rent $400 / week
  • 24 Jul 2020
    Listed for Rent $295 / 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 3 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Payneham.

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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.