1/389 Payneham RoadMarden SA 5070
Property Details for 1/389 Payneham Rd, Marden
1/389 Payneham Rd, Marden is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom House sold in Marden in the last 12 months.
Last Listing description (February 2025)
Currently leased at $430 per week until June 2025, with the potential to increase the rent upon renewal. Our Property Management team estimates a rental return of $480-$500 per week at the next lease renewal.
In highly desirable Marden, a two-bedroom ground floor unit offers convenient urban living for the modern minimalist seeking easy CBD access.
Private and low maintenance is at the forefront of this apartment with onsite parking and a paved courtyard, convenience is a daily luxury while two spacious bedrooms with ceiling fans accommodate various living arrangements.
A sunlit living room and adjacent, fully equipped kitchen makes meal preparation simple and easy with Chef stove / oven and plenty of storage, plus a split system A/C to keep the interior climate pleasant year round.
Onsite laundry and bathroom amenities complete this self contained unit ensuring everything you could need for a simple life is right on your doorstep.
With Marden Shopping Centre and public transport options only steps away, this modest abode is the ideal candidate for downsizers or investors looking for a potentially high yielding rental opportunity in a favourable city fringe location!
Specifications:
Year built - 1965
Strata Fees - $425 PQ
Council Rates - $312 PQ (City of Norwood Payneham & St Peters)
Additional Features:
• Retractable clothesline in rear courtyard
• Laundry accessible from the rear porch
• Ceiling fan in living room
• Blinds on all windows
• Nearby schools include: East Adelaide School, St Joseph's School, Trinity Gardens Primary School, Open Access College, Marden Senior College, St Peter's College, Wilderness School, Pembroke School
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.
Property History for 1/389 Payneham Rd, Marden, SA 5070
- 20 Mar 2025Sold for $490,000
- 29 Jan 2025Listed for Sale $465,000 - $510,000
- 13 Nov 2015Listed for Rent - Price not available
Recent sales nearby
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About Marden 5070
The size of Marden is approximately 1.1 square kilometres. It has 7 parks covering nearly 20.5% of total area. The population of Marden in 2016 was 2309 people. By 2021 the population was 2645 showing a population growth of 14.6% in the area during that time. The predominant age group in Marden is 30-39 years. Households in Marden are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marden work in a professional occupation.In 2021, 53.20% of the homes in Marden were owner-occupied compared with 55.50% in 2016.
Marden has 1,463 properties. Over the last 5 years, Houses in Marden have seen a 92.31% increase in median value, while Units have seen a 70.65% increase. As at 31 December 2025:
- The median value for Houses in Marden is $1,533,701 while the median value for Units is $649,213.
- Houses have a median rent of $680 while Units have a median rent of $550.
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