OFF MARKET

2/14 Kapunda Terrace
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 57m2
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Last updated 11 Nov 2024
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Property Details for 2/14 Kapunda Tce, Payneham

2/14 Kapunda Tce, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 57m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1978
Floor Size
64m2
Land Size
57m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S3938

Last Listing description (September 2022)

This well maintained, downstairs solid brick unit in a tightly held city fringe location is the perfect opportunity for the savvy investor wishing to purchase a property with an attractive yield, or as a fantastic entry point into the market for any first home buyer.

A wonderful location in the heart of the inner eastern suburbs of Adelaide will be an appealing and convenient selling point, with easy access to public transport, and amenities

Property Features:

Practical kitchen with gas cooking, ample cupboard space and access to the rear yard
Large combined living and dining space with air conditioning
Bedroom with built in wardrobe
Bathroom with laundry facilities
Allocated carport

Stroll to local reserves such as Joslin reserve or to Payneham Oval. Just a few moments more to local eateries and shops on Payneham Road for all you could possibly need on a day to day basis. City-bound trams or buses at your immediate disposal. Zoned for St Joseph's Payneham, East Adelaide School and Trinity Gardens School with many other schooling options available including Marden Senior College.

Rental Appraisal: $320-350pw

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at all open inspections.

Property Details:
Council | Norwood Payneham & St Peters
Zone | GN - General Neighbourhood\\
House | 74sqm(Approx.)
Built | 1978
Council Rates | $1151 pa
Water | $TBC pq
Strata | $620pq

Property History for 2/14 Kapunda Tce, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$290,000
23 Sep 2022
Listed for Rent
$1.38k/w
14 Jul 2020
  • 23 Sep 2022
    Sold for $290,000
  • 13 Nov 2020
    Sold for $215,000
  • 14 Jul 2020
    Listed for Rent $72,000 / year
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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, 56 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.