8/3 Rosella St, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Payneham in the last 12 months.
RLA 252 299
Perfectly positioned in one of Adelaide's most convenient near-city suburbs, this updated ground-floor unit is a fantastic opportunity for first-home buyers, downsizers or savvy investors. With solid full-brick construction (1971), fresh finishes throughout and a surprisingly spacious feel, it's ready to move in and enjoy.
Step inside to find open-plan living with stylish new timber floors, a light-filled layout, and a split system air conditioner to keep you comfortable year-round. The modernised kitchen features timber benchtops, a gas cooktop, double sink and refreshed cabinetry - functional and fresh with a warm, homely feel. The main bedroom includes built-in robes, while the second room adds flexibility for guests or a home office.
The tiled bathroom is larger than usual and incorporates a laundry space, complete with a small hip bath and a brand new shower screen. A standout feature is the north-facing rear yard - a sunny, low-maintenance space ideal for relaxing or entertaining, plus there's a small shed for storage. Out the front, a second private courtyard leads to your undercover carport.
Freshly painted and beautifully presented, this is a property you can settle into immediately - no work needed.
Located just minutes from the CBD, you'll love the lifestyle on offer here. Walk, ride or catch public transport into the city. Directly across from the newly upgraded Payneham Oval and tennis courts, and close to the Payneham Swimming Centre, library, bowling club, and Goodlife Gym. Enjoy weekends at Marden Markets or one of the many nearby cafes. It's zoned to Marryatville High and Felixstow Community School, with top-tier private schools like Pembroke, Loreto, and St Joseph's also nearby.
For investors, the rental potential is estimated between $480-$520 per week. Our experienced property management team is available to help you maximise your return.
The interstate owner has already secured another opportunity and is motivated to sell. This is value buying in a sought-after location - act quickly, as properties like this don't last long.
Make your offer today - it won't disappoint.
Council Rates: New FY TBC
SA Water: $705.20 pa + usage
ESL: $99.956 pa
Strata Fees - Admin: $345 pq | Sinking: $179 pq
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 1,307 properties. Over the last 5 years, Houses in Payneham have seen a 102.28% increase in median value, while Units have seen a 97.09% increase. As at 28 February 2026:
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