SOLD
Sold on 20 Dec 2024 for $476,000

16/6-8 Albert Street
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 74m2
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Property Details for 16/6-8 Albert St, Payneham

16/6-8 Albert St, Payneham is a 2 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 74m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Payneham in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
68m2
Land Size
74m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U16/S4504

Last Listing description (December 2024)

Positioned on the top floor of the Berkley Lodge Complex, this unit boasts stunning city views and offers an exceptional opportunity for both investors and homeowners seeking a low-maintenance lifestyle in the sought-after eastern suburbs.
Perfectly positioned with easy access to every convenience, you'll find the Marden and Norwood Shopping Centres, Good Life Gym, and an impressive selection of educational institutions ranging from kindergartens to senior schools just moments away.
Flooded with natural light, this spacious unit features two generously sized bedrooms with built-in robes, a large and inviting lounge, updated kitchen, new timber flooring, balcony, a well-appointed bathroom, separate laundry and fresh paint this unit it the pick of the group. Designed for year-round comfort, the reverse cycle air conditioning ensures you stay cool in summer and warm in winter.

Whether you're looking to expand your investment portfolio or secure a lovely home, this unit is an attractive choice with a rental history of $565 per week, offering solid returns in a prime location.

Specifications:

Certificate of Title / 5023/127
Council / City of Norwood Payneham & St Peters
Zoning / Residential
Year Built / 1978
Council Rates / $986.25 per annum
Strata Rates / $425 per quarter
SA Water / $210 per quarter
Emergency Services Levy / $168.75 per annum

This unit combines convenience, comfort, and investment potential in an ideal eastern suburbs location but demand is high so enquire today and secure this unit before it's to late.
Contact Simon Wojcik on 0423 373 591

RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Property History for 16/6-8 Albert St, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$476,000
20 Dec 2024
Listed for Rent
$450/w
06 Oct 2023
  • 20 Dec 2024
    Sold for $476,000
  • 12 Nov 2024
    Listed for Sale Best Offer Before 7th December (USP)
  • 06 Oct 2023
    Listed for Rent $450 / 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 1,302 properties. Over the last 5 years, Houses in Payneham have seen a 67.75% increase in median value, while Units have seen a 74.47% increase. As at 31 December 2024:

  • The median value for Houses in Payneham is $1,200,027 while the median value for Units is $568,683.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Payneham.

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One Point Eight Real Estate
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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.