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Sold on 14 Nov 2024 - Price Unavailable

2/56 Luhrs Road
Payneham South SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/56 Luhrs Rd, Payneham South

2/56 Luhrs Rd, Payneham South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Payneham South in the last 12 months.

Building Type
Unit
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S5396

Last Listing description (November 2024)

Step into a beautifully designed, light-filled haven in the heart of Payneham South. This spacious solid brick unit in a small group of 4 offers more room than usual, creating an open, airy feel that's perfect for relaxed, contemporary living. Ideal for first home buyers, downsizers and investors.

Only attached at the garage, natural light floods the interiors, showcasing a thoughtful floor plan that maximizes space and functionality. The living and dining areas flow seamlessly onto the outdoor terrace, providing ample room for entertaining, while the well-appointed kitchen boasts quality appliances and plenty of storage.

With its convenient location close to local amenities, parks, Firle Plaza and public transport, this home is perfect for first-time buyers looking for style and comfort, or investors seeking a solid addition to their portfolio.

Move-in ready, this charming unit in Payneham South combines generous space with modern ease – a fantastic opportunity that won't last long.

Features:
- Almost freestanding, only attached at the garage
- Kitchen: generous benchtop and pantry storage, 900mm gas cooktop and Westinghouse oven
- Spacious outdoor undercover entertaining with small garden
- Built-ins to both bedrooms
- Bar/ study nook/storage in living
- Split system aircon to kitchen, dining and living
- Gas heater to living
- Linen cupboard
- Security shutters throughout
- Zoned for Trinity Garden Primary School and Norwood International High

Specifications
CT 5017/238
Zoning: General Neighbourhood
Council: City of Norwood, Payneham and St Peters
Council Rate: $1,311.91pa
Water Rate (Supply + Sewer): $165.55 pq
ES Levy: $119.50 pa
Strata: $590.50 pq
Strata Manager: Strata Management SA

Property History for 2/56 Luhrs Rd, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Sold
14 Nov 2024
Listed for Rent
$450/w
22 Nov 2023
  • 14 Nov 2024
    Sold
  • 31 Oct 2024
    Listed for Sale $595,000 - $635,000
  • 22 Nov 2023
    Listed for Rent $450 / week
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About 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 849 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.
There are currently 4 properties listed for sale, and no properties listed for rent in Payneham south on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Payneham south.

Suburb Insights for Payneham South 5070

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Tim Thredgold
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Megan Thredgold
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Alexander Real Estate
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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.