OFF MARKET

7/240 Payneham Road
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 12m2
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Property Details for 7/240 Payneham Rd, Payneham

7/240 Payneham Rd, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 12m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
12m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F7/C22317

Last Listing description (August 2014)

Dear Buyer,
Would you like to see this adorable and very affordable unit during the week?? Please call 0412170014 to arrange a time...you will be impressed with the modern presentation, flair and style it has to offer!

Positioned towards the rear of the group this is a great opportunity to buy in this near city location. You can move in or even rent out, it is also so close to everything!

'The Block Apartments'

This cheery upstairs unit will totally delight you...The light filled lounge and dining space is of good size and continues through to the kitchen which has been renovated in a streamlined contemporary design and with the blonde toned cabinetry it showcases a popular stylish look. An added feature is the newly laid flooring which provides a clean and uncluttered feel.

Being on the upper level allows for a fresh breeze to flow through but there is a reverse cycle split system installed for all year comfort.

There are 2 well proportioned bedrooms with the main providing a built-in robe and ceiling fan with light. There is also an additional study nook which is an ideal spot for the computer and paperwork etc...

The bathroom has also been modernised and has a fresh feel with the cool grey tones...it displays a shower cubicle, vanity and w.c. It incorporates the washing machine facility and also provides a dryer.

The automated main gate allows access to the rear covered carport, while an intercom in the unit connects to the pedestrian gate, offering safety and security.

The unit is positioned in a group of 10. The location is excellent with public transport near the front of the group (Bus Stop 10) which goes straight into the city so it is ideal for Uni students and those not wanting to take their car into the city.

Marden Shopping Centre and The Avenues are both located nearby and the Norwood Parade is minutes away where you have an array of cafes, restaurants, shops, boutiques etc..etc...

Don't let this affordable offering pass you by!

Kind regards,

Debi Zecevich

Property History for 7/240 Payneham Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$257,000
11 Aug 2014
Listed for Rent
$240/w
25 Jun 2008
  • 11 Aug 2014
    Sold for $257,000
  • 25 Feb 2014
    Listed for Sale $260,000 - $265,000
  • 17 Apr 2009
    Sold for $265,000
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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 1,301 properties. Over the last 5 years, Houses in Payneham have seen a 64.57% increase in median value, while Units have seen a 58.36% increase. As at 31 July 2024:

  • The median value for Houses in Payneham is $1,171,301 while the median value for Units is $532,097.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 4 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.

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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.