OFF MARKET

78 Payneham Road
Stepney SA 5069

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 293m2
Land area: 668m2
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Property Details for 78 Payneham Rd, Stepney

78 Payneham Rd, Stepney is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 668m2 and floor size of 293m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1900
Floor Size
293m2
Land Size
668m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A164/D83605

Last Listing description (April 2020)

*Inspection by Appointment* - Please call 0466 299 880


An absolutely unique proposition, this C.1900 converted bank building offers flexibility for a myriad of options. Downstairs offers a flexible level with separate kitchen, formal office and original vault from the Savings bank. The soaring 3.9m ceilings and characters features make this a really conceptive and creative space to work from home, lease out as an investment or enjoy as a lavish level of living space. Other notable features include exposed industrial air conditioning, jarrah floorboards and suspended light fittings, each element working in unison to create this inspirational space. The potential is here for further development to allow this to become an apartment or more traditional space to be used separately or in conjunction with the first floor. Access to the ground floor is available through three sides of the building including a wheelchair ramp and also included is a single lock up garage.
The first floor comprises of a stylish and spacious 3 bedroom apartment blending old character with contemporary living. Its convivial space with a stunning renovated kitchen that flows on to the dining area. Through the hall way youll find the living area and the 3 generously appointed bedrooms all with BIR and fans. While you may be positioned right where the action is, the noise is almost non-existent thanks to the double glazed windows throughout this level. To the side of the property is a private paved courtyard area capturing plenty of sunlight with access to the single lock up garage.
The location speaks for its self with outstanding access to amenities, Adelaides finest educational institutions and everything you desire in life. It provides brilliant and convenient access to the CBD and surround via frequent public transport within footsteps. Nearby is a plethora of local shopping, most notably, The Avenues shopping precinct just 300m away and the CBD merely 2kms from home.

What youll love:
-Soaring 3.3 and 3.9 metre ceilings
-Ducted reverse air-condition upstairs
-Industrial air-conditioning downstairs
-Stunning quality apartment kitchen
-Character features including original fireplaces and timber frame windows
-Original bank vault
-Jarrah Floorboards
-Shared foyer access with wheelchair and street access available
-Double glazed windows upstairs
-Separate office downstairs
-Downstairs kitchen and toilet facilities
-Double lock up garaging

Property History for 78 Payneham Rd, Stepney, SA 5069

A timeline of how this property has performed in the market
Last Sold
$1,180,000
10 Sep 2015
Listed for Rent
$1.67k/w
03 Dec 2013
  • 07 Nov 2019
    Listed for Sale $950,000 - $1,045,000
  • 18 Jul 2018
    Listed for Sale Not Disclosed
  • 10 Sep 2015
    Sold for $1,180,000
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About Stepney 5069

The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.

Stepney has 788 properties. Over the last 5 years, Houses in Stepney have seen a 69.09% increase in median value, while Units have seen a 130.60% increase. As at 30 November 2024:

  • The median value for Houses in Stepney is $1,386,128 while the median value for Units is $807,693.
  • Houses have a median rent of $795 while Units have a median rent of $535.
There are currently 2 properties listed for sale, and 6 properties listed for rent in Stepney on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Stepney.

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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.