OFF MARKET

7/58 Portrush Road
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 9m2
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Property Details for 7/58 Portrush Rd, Payneham

7/58 Portrush Rd, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 9m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1972
Floor Size
67m2
Land Size
9m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U7/S844

Last Listing description (December 2022)

Quietly nestled well away from the main road lays a fantastic opportunity for investors or owner occupiers looking for a delightful low maintenance property. Having been well kept and recently renovated, this unit ticks all the boxes at such an affordable price.

Property features:

- Currently tenanted at $300 per week
- North-facing living
- Reverse cycle split system air condition to lounge
- Undercover carport with secondary car space
- Solid brick dwelling
- Paved undercover courtyard perfect for entertaining
- Lofty ceilings with sky light and LED lighting
- Kitchen with overhead cupboards and stainless steel appliances
- Carpet to lounge & bedrooms recently updated
- Spacious bedrooms, the main with built-in robe
- Built 1972

Located in the sought after suburb of Payneham, this property neighbours some of Adelaide's hottest destinations. Within ten minutes you will find yourself in the Adelaide CBD, North Adelaide and popular Norwood Parade. The home is also with close proximity to public transport, and desired schools such as St Joseph's Primary, Marden Senior College, Trinity Gardens Primary, and East Adelaide.

Don't miss your opportunity in this tightly held group, they don't come up often!

RLA 61345

Disclaimer:
**HELP PREVENT the spread of COVID-19. LJ Hooker Adelaide Metro have implemented extra precautions to our inspections and auctions. We respectfully ask if you are feeling unwell, have travelled overseas in the past 14 days or been in contact with a confirmed case of COVID-19 in the last 14 days, please contact our sales consultant to discuss alternative ways to view the property. If in the event that you feel unwell in the 14 days following an inspection, we request that you contact our office immediately.**

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Property History for 7/58 Portrush Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$260,000
01 Nov 2017
  • 15 Dec 2022
    Listed for Sale Sold
  • 01 Nov 2017
    Sold for $260,000
  • 14 Sep 2016
    Listed for Sale Contact Agent

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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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