OFF MARKET

9/240 Payneham Road
Payneham SA 5070

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 13m2
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Property Details for 9/240 Payneham Rd, Payneham

9/240 Payneham Rd, Payneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 13m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1970
Floor Size
40m2
Land Size
13m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F9/C22317

Last Listing description (November 2022)

You couldn't ask for more! In a great spot, with access to everything you need, all just moments away.

A great first home or a solid investment in the eastern suburbs.

With the bus stops just a few metres from your front gate, you're a short 3kms from the Adelaide CBD. The Avenues and Marden Shopping Centres, the gym, the local park and Norwood Parade just minutes away, you really do have everything at your fingertips.

On offer is a neat, low maintenance, one bedroom unit in a small gated development. Set behind high fences and automatic gates; there's a real sense of security and privacy.

The unit is on the first floor. You enter into a light and bright living area, with lush carpet and a split system air conditioning unit. The open plan kitchen area provides a modern feel with updated fittings and finished with floating floorboards.

The large fully equipped bathroom delivers a great use of space, inclusive of laundry facilities. There is also undercover parking at the rear of the complex.

Currently tenanted at $285 per week to great, long standing tenants. Current expiry February 2023.

Specifications:
CT / 5919/210
Council / City of Norwood Payneham & St Peters
Zoning / GN
Built / 1970
Council Rates / $1151pa
Community Rates / $302.95pq
Emergency Services Levy / $77.60pa
Estimated rental assessment / $290 to $310 per week (written assessment can be provided upon request)
Nearby Schools / East Adelaide School, Trinity Gardens School, Norwood International High School

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property History for 9/240 Payneham Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$238,000
30 Nov 2022
Listed for Rent
$235/w
25 Feb 2016
  • 30 Nov 2022
    Sold for $238,000
  • 19 Oct 2022
    Listed for Sale $229k-$239k
  • 15 Jan 2016
    Listed for Rent $235 / 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 1,301 properties. Over the last 5 years, Houses in Payneham have seen a 72.54% increase in median value, while Units have seen a 60.29% increase. As at 31 August 2024:

  • The median value for Houses in Payneham is $1,191,236 while the median value for Units is $529,121.
  • Houses have a median rent of $600 while Units have a median rent of $455.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 59 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.