SOLD
Sold on 31 Oct 2024 for $508,000

5/4 Henry Street
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 97m2
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Property Details for 5/4 Henry St, Payneham

5/4 Henry St, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 97m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Payneham in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
68m2
Land Size
97m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U5/S763

Last Listing description (October 2024)

This delightful solid brick home unit has loads of potential and comprises 2 bedrooms, the main with built in robes, bright open plan kitchen overlooking the spacious living area, combined bathroom and laundry a fully fenced rear courtyard, ducted cooling and undercover parking. The unit is currently vacant, so owner occupiers have no need to wait to move in, or for investors it is ready to be tenanted. Situated in this excellent location with Marden shopping centre within walking distance and handy to Payneham sports ground, local schools and public transport.

RLA 269823

Property History for 5/4 Henry St, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$508,000
31 Oct 2024
Listed for Rent
$400/w
17 Aug 2023
  • 31 Oct 2024
    Sold for $508,000
  • 16 Sep 2024
    Listed for Sale $440,000 to $460,000
  • 31 Jul 2023
    Listed for Rent $400 / 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 1,295 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 4 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 59 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.