1/47 Payne StreetHope Valley SA 5090
Property Details for 1/47 Payne St, Hope Valley
1/47 Payne St, Hope Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 208m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Hope Valley in the last 12 months.
Last Listing description (April 2026)
One of only 6 dwellings in a small complex located at the end of a cul-de-sac extension of Payne Street, this 2-bedroom brick-veneer unit will put a sparkle in the eye of both investors chasing solid rental returns and first-time buyers hungry to take that landmark initial step up the property ladder.
Across 98.2 sqm of internal living, the unit accommodates an air-conditioned lounge, combined kitchen/meals area, 2 fan-cooled, carpeted beds, a bathroom, laundry and single garage. Feature details like solid timber architraves and skirting boards pop against white-washed walls, as do floating floorboards in the main living spaces.
While modest in appearance, the kitchen has all the basics covered, and sliders extend the meals side onto a pathway leading to a private fenced courtyard where the lawn will return with the first sprinkling of autumn rain!
To value-add here (STCC), remodelling the kitchen would be a logical starting point; the bathroom could be refreshed too - it's spacious enough to fit both a shower and tub, but still sports early-90s tiling and tapware.
In this location, where you can walk to a supermarket, buses to Westfield TTP and town, and sociable community recreational facilities, investors will have no trouble renting this single-level unit - that's if they can beat the line of eager first-time buyers hoping to secure it for themselves!
FEATURES WE LOVE
• Low-maintenance brick-veneer unit in a small complex of 6
• Floating floorboards in the front lounge & adjacent combined kitchen/meals hub
• Gas cooker/oven, twin sink & a dining bar
• 2 carpeted bedrooms, the larger with a BIR
• Split-system AC in the lounge, ceiling fans in both beds
• Spacious bathroom with original tiling, a shower & tub, WC next door
• Sliders from the meals area to a garden-framed pathway leading to a fenced courtyard
• Access from the laundry & a single garage (roller door) onto a paved rear verandah
• Solid timber window frames & skirting boards throughout
LOCATION
• Tranquil Foothills' position at the end of a low-traffic cul-de-sac
• 15-minute walk to Drakes, cafes, eateries & The Valley Inn, or drive there in 3 minutes
• 500m walk to catch a bus to Westfield TTP or straight into town via Paradise Interchange
• Lots of parks & recreational facilities within an easy stroll (croquet club, Korong Reserve & Hope Valley Tennis & Netball Club)
• Only 500m to Highbury Primary + zoning for Modbury High
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Norwood RLA 278530
Property Details:
Council | Tea Tree Gully
Zone | General Neighbourhood
Land | 208sqm(Approx.)
House | 111sqm(Approx.)
Built | TBC
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Property History for 1/47 Payne St, Hope Valley, SA 5090
- 14 Apr 2026Sold for $680,000
- 01 Mar 2026Listed for Sale $635,000 - $685,000
- 14 Jan 2019Listed for Rent $300 / week
Recent sales nearby
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0About Hope Valley 5090
The size of Hope Valley is approximately 5.1 square kilometres. It has 23 parks covering nearly 35.0% of total area. The population of Hope Valley in 2016 was 7887 people. By 2021 the population was 8184 showing a population growth of 3.8% in the area during that time. The predominant age group in Hope Valley is 30-39 years. Households in Hope Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a professional occupation.In 2021, 66.40% of the homes in Hope Valley were owner-occupied compared with 65.20% in 2016.
Hope Valley has 3,349 properties. Over the last 5 years, Houses in Hope Valley have seen a 96.05% increase in median value, while Units have seen a 109.96% increase. As at 30 April 2026:
- The median value for Houses in Hope Valley is $922,520 while the median value for Units is $654,821.
- Houses have a median rent of $620 while Units have a median rent of $535.
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