5/240 Payneham Road, Payneham, SA 5070 | Property Value & History | OnTheHouse
 
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5/240 Payneham Road
Payneham SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 93m2
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Property Details for 5/240 Payneham Rd, Payneham

5/240 Payneham Rd, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 93m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
1970
Floor Size
48m2
Land Size
93m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F5/C22317

Last Listing description (August 2014)

ATTENTION INVESTORS/1ST HOME BUYER - THIS IS CHEAP - GREAT RETURN APPROX 5% WHEN RENTED
Fabulous 2 bedroom unit with kitchen/meals and living areas with easy ground floor access in and out. Study area plus built-ins in bedrooms, heating and cooling plus fabulous rear court yard. Set at rear, gives quietness and seclusion. Plus undercover carport next to unit plus security auto gates with personal intercom to allow guests entry. Plus public transport to city and close to great shopping and cafes. Exciting and a great opportunity for investor or first home buyers with busy schedules and looking for low maintenance living to enjoy life close to the city. CALL NOW FOR AN INSPECTION - Graham Margrie 0411 500 658

Property History for 5/240 Payneham Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$268,000
14 Oct 2014
Listed for Rent
$275/w
04 May 2011
  • 14 Oct 2014
    Sold for $268,000
  • 28 Mar 2014
    Listed for Sale $259,000 - $280,000
  • 09 Apr 2011
    Listed for Rent - Price not available
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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 1,308 properties. Over the last 5 years, Houses in Payneham have seen a 100.91% increase in median value, while Units have seen a 90.33% increase. As at 31 January 2026:

  • The median value for Houses in Payneham is $1,364,360 while the median value for Units is $677,804.
  • Houses have a median rent of $660 while Units have a median rent of $520.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Payneham on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in Payneham.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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