OFF MARKET

278 Payneham Road
Payneham SA 5070

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 542m2
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Property Details for 278 Payneham Rd, Payneham

278 Payneham Rd, Payneham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1926. The property has a land size of 542m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
House
Year Built
1926
Floor Size
131m2
Land Size
542m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A3/D61057

Last Listing description (February 2018)

Beautifully renovated Bungalow style office situated on an arterial road to the city with high exposure to 100'000's vehicles on a daily basis. Situated on a corner site, this property has easy on street parking for clients as well as 6 off-street parks which can be secured with sliding roller gate if preferred.
Polished timber floor boards and near new commercial grade carpets, this interior of this building was fully renovated recently. Complete with ducted reverse cycle air conditioning, ornate ceilings with down lights and decorative antique light fittings.
5 roomed office with networking for 7 workstation locations. One office has a private store room attached.

Disabled bathroom facilities complete with shower provision.
Small modern kitchenette with separate additional store room and staff dining room.
Aerial and points available, as well as a large LED display sign to advertise your business to oncoming traffic whilst they are stationery for a close by major intersection.
Also located on a major bus route with a bus stop two buildings close.
Other business close by include:
Small shopping centre;
Dentist
Wedding photographer;
Hairdresser;
Building Company;
Psychologist;
Accountant and Financial Planner;
Cafe and local restaurant/tavern;
Fitness centre and major shopping centre.
This location would see any business prosper.

Property History for 278 Payneham Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$457,500
13 Aug 2012
Listed for Rent
$767/w
30 Jan 2018
  • 23 Nov 2017
    Listed for Rent $40,000 / year
  • 13 Aug 2012
    Sold for $457,500
  • 28 May 2012
    Listed for Sale REFER CONSULTANT
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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.