2/240 Payneham Road, Payneham, SA 5070 | Property Value & History | OnTheHouse
OFF MARKET

2/240 Payneham Road
Payneham SA 5070

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 2/240 Payneham Rd, Payneham

2/240 Payneham Rd, Payneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1970
Local Government
Norwood Payneham & St Peters
Lot/Plan
F2/C22317

Last Listing description (June 2020)

Gorgeous Near City Investment. Offers a Great Return.

Upgraded and modernised, this ground floor unit offers stylish and surprisingly spacious living only moments from the CBD and all facilities and is sure to appeal to savvy investors looking for a strong reliable return without the price tag. Currently leased for $250 p/w until 2021, this is your ideal opportunity to "set and forget" in a blue-chip location.Features include:- Quality full refurbishment and re-fit- Stylish soft modern dcor throughout- Huge private master suite with BIR and A/C- Studio style floor plan with Living meals and kitchen - Loads of kitchen storage and quality SS appliances- A/C- Secure gated intercom entry- Secure remote under cover car park- Great tenant and great return"Due to the current COVID19 situation, please contact me directly for the scheduled open times, or to arrange for a private or virtual Facetime walk-through tour" Matt Gryst 0411 774 546

Property History for 2/240 Payneham Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$230,000
12 Jun 2020
  • 21 May 2020
    Sold - Price Undisclosed
  • 24 Mar 2020
    Listed for Sale $240,000 - $250,000
  • 09 Dec 2019
    Listed for Rent $250 / Wk
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About Payneham 5070

The size of Payneham is approximately 0.8 square kilometres. It has 3 parks covering nearly 6.3% of 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 1,306 properties. Over the last 5 years, Houses in Payneham have seen a 89.34% increase in median value, while Units have seen a 96.93% increase. As at 30 November 2025:

  • The median value for Houses in Payneham is $1,285,999 while the median value for Units is $655,186.
  • Houses have a median rent of $620 while Units have a median rent of $518.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Payneham on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in Payneham.

Suburb Insights for Payneham 5070

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.