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.
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
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:
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