OFF MARKET

3/7 First Avenue
Payneham South SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 220m2
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Property Details for 3/7 First Ave, Payneham South

3/7 First Ave, Payneham South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 220m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2009.

Building Type
Unit
Year Built
1978
Floor Size
86m2
Land Size
220m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U3/S3619

Last Listing description (March 2009)

2 BEDROOM SINGLE STOREY UNIT IN SMALL GROUP
UNIQUE OPPORTUNITY TO ACQUIRE WELL APPOINTED UNIT.
FEATURES INCLUDE, LOUNGE WITH REVERSE CYCLE AIR CONDITIONER, KITCHEN/MEALS, BUILT IN ROBES TO BEDROOM TWO.

SEPARATE LAUNDRY AND SEPARATE TOILET.
GENEROUS PRIVATE REAR YARD WITH SHED AND PERGOLA.
CARPORT.
IDEAL FOR THE INVESTOR/OWNER OCCUPIER.
CURRENTLY LET AT $ 220 PER WEEK WITH LONG TERM TENANT ON TENANCY ENABLING PURCHASER TO TERMINATE WITHIN 60 DAYS OR ENTER INTO NEW FIXED TERM TENANCY.

Property History for 3/7 First Ave, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Sold
$290,000
18 Jun 2009
  • 18 Jun 2009
    Sold for $290,000
  • 28 Feb 2009
    Listed for Sale PRICE: $275,000-$295,000

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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 851 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 5 properties listed for sale, and 2 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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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.