OFF MARKET

48 Luhrs Road
Payneham South SA 5070

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 283m2
Land area: 825m2
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Last updated 18 Nov 2024
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Property Details for 48 Luhrs Rd, Payneham South

48 Luhrs Rd, Payneham South is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2021. The property has a land size of 825m2 and floor size of 283m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Year Built
2021
Floor Size
283m2
Land Size
825m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A7/F100611

Last Listing description (September 2013)

- 5 Rooms
- 3 Bedrooms
- Sitting Room

- Kitchen/Meals
- Rear Access
- Land 837m2 (13.72m x 61m) Approx

Those of you with the FIX IT UP BUG will love the endless possibilities this home offers to do the big makeover and maybe extend as the home is structurally as sound as you would hope to find.

However the more entrepreneurial of you will see the potential to develop and create 2 new dwellings (subject to all normal approvals).

Either way I would suggest you get your skates on as opportunities like this are all too few!!

Property History for 48 Luhrs Rd, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Sold
$496,000
03 Oct 2013
Listed for Rent
$340/w
26 Jul 2011
  • 03 Oct 2013
    Sold for $496,000
  • 17 Jul 2013
    Listed for Sale $485,000 - $530,000
  • 13 May 2011
    Listed for Rent - Price not available

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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 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.
There are currently 5 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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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.