OFF MARKET

5/16 Lewis Road
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 200m2
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Property Details for 5/16 Lewis Rd, Payneham

5/16 Lewis Rd, Payneham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1972. The property has a land size of 200m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
1972
Floor Size
75m2
Land Size
200m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U5/S845

Last Listing description (October 2016)

Here s your chance to get a foot in the door, in a part of Adelaide that s really on the move. It s a sensational mix of comfort and convenience plus a smart buy for those with an eye to the investment market. Payneham has a bright future and this modern two bedroom unit offers so much more than anything else in this price bracket.
Nestled at the rear of a small single storey group the home features a fully renovated kitchen with loads of cupboard and bench space and is adjacent to the large dining area. Two generous bedrooms, an updated bathroom and laundry add to the appeal of this charming unit. There s also stacks of built-in storage, while comfort is assured through split-system air conditioning in the living room.
Located just six kilometres from the CBD, the unit comes with the rare bonus of a delightful sheltered outdoor entertaining area offering privacy and all the benefits of a north-facing aspect, plus a lock-up tool shed and convenient side access.

A garage with roller door is located just a few steps away and roller shutters and security screen doors ensure your home is as safe as it is convenient.
While everything you could possibly need is at your fingertips in this popular suburb, including a host of top restaurants and shopping options, you can enjoy even more with a short fifteen minute trip to the city. With such clear lifestyle and investment advantages, make sure you grab the chance to check this one out.

Property History for 5/16 Lewis Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$327,000
12 Oct 2016
Listed for Rent
$240/w
11 Sep 2010
  • 12 Oct 2016
    Sold for $327,000
  • 08 Sep 2016
    Listed for Sale $339,500
  • 25 Aug 2010
    Listed for Rent - Price not available
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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.

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.