2 Thelma Street, Payneham, SA 5070 | House for sale | OnTheHouse
 
FOR SALE
Auction

2 Thelma Street
Payneham SA 5070

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 634m2
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Auction Time
Sat 3 Oct 11:00 am
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No upcoming inspections scheduled.
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A Classic Home with a Promising Future

Auction Saturday the 3rd of October at 11am
Positioned in a tightly held pocket of Payneham, 2 Thelma Street presents an exciting opportunity for first home buyers, renovators, builders and developers looking to secure a generous allotment in a highly convenient location.
Built in 1960 and set on approximately 634sqm with an impressive 19.84m frontage, the property offers a range of exciting possibilities. Move in and enjoy as is, renovate and extend the existing home, or explore the potential to subdivide and redevelop the allotment (STPC).
Step inside to an oversized open plan living and dining area, where large windows allow an abundance of natural light to fill the space, creating a bright and welcoming environment for everyday living.
The kitchen remains largely in original condition but offers a good footprint and an excellent starting point for renovation. For those looking to create something more substantial, there is plenty of scope to extend the existing home and introduce a larger contemporary kitchen and living area overlooking the rear garden (STPC).
Accommodation is provided by three well sized bedrooms, each featuring built-in robes and large windows, with all three conveniently serviced by the main bathroom.
Outside, a covered entertaining area overlooks the beautifully manicured gardens, providing a peaceful setting to entertain family and friends or simply relax and enjoy the established surrounds. Those with a green thumb will particularly appreciate the garden and the space available to make it their own.
Completing the property is a well sized shed/garage with room to securely accommodate a vehicle while still leaving ample space for a workbench, shelving and additional storage.
The location adds further appeal, positioned within easy reach of the Adelaide CBD and the vibrant shopping, dining and cafe precinct along The Parade, Norwood. Marden Shopping Centre is within walking distance, while a selection of highly regarded schools, public transport and everyday amenities are also conveniently nearby.
Whether you're looking for a home to renovate and extend, a generous block to build your dream home, or an allotment with subdivision and development potential (STPC), 2 Thelma Street offers flexibility today and exciting possibilities for the future.
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Property Details for 2 Thelma St, Payneham

2 Thelma St, Payneham is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 634m2. The place is currently for sale with LJ Hooker Glynde.

Building Type
House
Land Size
634m2
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About Payneham 5070

The size of Payneham is approximately 0.8 square kilometres. There are 3 parks, covering nearly 6.3% of the total area. The population of Payneham in 2016 was 2293 people. By 2021 the population was 2438 showing a population growth of 6.3% in the area during that time. The predominant age group in Payneham is 30-39 years. Households in Payneham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Payneham work in a professional occupation.In 2021, 53.60% of the homes in Payneham were owner-occupied compared with 53.30% in 2016.

Payneham has 1,317 properties. Over the last 5 years, Houses in Payneham have seen a 64.36% increase in median value, while Units have seen a 91.40% increase. As at 31 August 2026:

  • The median value for Houses in Payneham is $1,370,432 while the median value for Units is $691,855.
  • Houses have a median rent of $660 while Units have a median rent of $540.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Payneham on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in Payneham.

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Julian Rullo
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George De Vizio
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LJ Hooker Glynde
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