1 Mccormack AvenuePayneham South SA 5070
Property Details for 1 Mccormack Ave, Payneham South
1 Mccormack Ave, Payneham South is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1925. The property has a land size of 939m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (September 2020)
OFFERS CLOSE Mon Aug 3 at 5pm (usp)
$25K HOMEBUILDER GRANT
This property could qualify for the Government's HomeBuilder program. The HomeBuilder program offers a $25,000 grant to eligible owner-occupiers, are you looking to build a brand new home, purchase off the plan, or renovate an existing property? Both first home buyers and subsequent home buyers are eligible for the grant, provided they meet the income assessment. The $25,000 HomeBuilder grant applies to properties with a total value of up to $750,000. Contact the agent for full details on the scheme.
Location and opportunity all rolled into one is the best way to describe this fabulous character home. Situated on a large land holding of 920sqm with a 18.29m frontage and located in a peaceful tree lined street, this home would come up a treat with a rear addition or subdivide and build two homes subject to council consent.
Further development opportunity is available in conjunction with 14 Luhrs Rd Payneham South, also currently for sale and adjoins this property to create an
1723sqm "L" shape block.
What we love about this home:
- Wide inviting passage way with high ceilings throughout
- 2 double bedrooms
- Kitchen with gas cooking
- Split system r/c air con in living room
- Large rear yard with 2 double garages, one with an internal divided and insulated section, an ideal office space or hobbies room
- Off street parking for multiple cars
- Double driveway
- Zoned for Trinity Gardens Primary and Norwood Morialta Middle School Campus
- A short walk to nearby public transport
- Just a few minutes from nearby Marden and The Avenues Shopping precincts
An exciting opportunity in an excellent location
OUWENS CASSERLY - MAKE IT HAPPEN
Property History for 1 Mccormack Ave, Payneham South, SA 5070
- 11 Sep 2020Sold for $795,000
- 06 Jul 2020Listed for Sale $749K - $823K
- 31 Jan 2019Listed for Rent - Price not available
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0About Payneham South 5070
The size of Payneham South is approximately 0.6 square kilometres. It has 1 park. The population of Payneham South in 2011 was 1,545 people. By 2016 the population was 1,647 showing a population growth of 6.6% in the area during that time. The predominant age group in Payneham South is 20-29 years. Households in Payneham South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Payneham South work in a professional occupation. In 2011, 59.7% of the homes in Payneham South were owner-occupied compared with 58% in 2016.
Payneham South has 850 properties. Over the last 5 years, Houses in Payneham South have seen a 68.01% increase in median value, while Units have seen a 70.30% increase. As at 31 October 2024:
- The median value for Houses in Payneham South is $1,332,933 while the median value for Units is $550,762.
- Houses have a median rent of $620 while Units have a median rent of $500.
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