OFF MARKET

2/4 Albert Street
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 57m2
Land area: 85m2
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Last updated 18 Nov 2024
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Property Details for 2/4 Albert St, Payneham

2/4 Albert St, Payneham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1978. The property has a land size of 85m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1978
Floor Size
57m2
Land Size
85m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S4144

Last Listing description (March 2023)

***First Open Inspection - Wednesday 8th March from 6:00pm till 6:15pm - Please note that strict Covid-19 safety protocols and procedures will be implemented for all open inspections - if you are feeling unwell, please do not attend the showing***

Situated in a small, peaceful, single story group of just two other units, this well presented 2 bedroom property is certainly going to appeal to those wanting to enjoy the convenience of a low maintenance lifestyle with a variety of amenities and public transport right at their door step.

What we love about this property is:

- Low maintenance, well presented and in a small, single story group of just 2 others
- Recently painted throughout
- Split system AC for all year round comfort
- Tiles to living area and modern laminate timber floor boards to bedroom
- Large BIR to master bedroom
- Modern roller blinds throughout
- Full length rear pergola area for entertaining
- Single carport with additional off street car park

Peaceful, quiet and in a great location - this unit certainly ticks all the right boxes. For any more information, please don't hesitate to call or email. We highly recommend that an online application be submitted prior to viewing the property by clicking the "Apply Online" button on the right hand side of this advertisement or calling/emailing to obtain an application.

This property is being offered with a 12 month fixed term lease agreement with the tenant to pay all water usage and supply charges - property is situated within a Strata group and water use is shared equally between units.

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Property History for 2/4 Albert St, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$285,000
02 Mar 2020
Listed for Rent
$375/w
04 Mar 2023
  • 04 Mar 2023
    Listed for Rent $375 / week
  • 28 Aug 2020
    Listed for Rent $305 / week
  • 02 Mar 2020
    Sold for $285,000
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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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