2/16 First Avenue, Payneham South, SA 5070 | Property Value & History | OnTheHouse
OFF MARKET

2/16 First Avenue
Payneham South SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 98m2
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Property Details for 2/16 First Ave, Payneham South

2/16 First Ave, Payneham South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 98m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1974
Floor Size
102m2
Land Size
98m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S1357

Last Listing description (July 2025)

**Would you like to view this property? Please click the "inspection time" button to the right to register your interest and we will instantly respond. To avoid disappointment, we encourage you to register your interest so we can keep you informed of inspection times or any unexpected changes.**

A tastefully and recently renovated home unit in the ever-popular inner city suburb of Payneham South.

You will love the open plan living and convenient low maintenance lifestyle that this property offers.

What we love about this property:
- Gleaming polished timber flooring throughout
- Open plan central living and dining space
- Ducted reverse cycle air conditioning throughout
- Modern kitchen with stainless steel appliances and breakfast bar
- Two bedrooms, both featuring built in robes
- Stunning updated bathroom with separate shower and bath
- Solar hot water heating
- Paved courtyard garden
- Secure lock-up garaging for one car
- Located in a quiet group of only four

This home unit is positioned less than 6 km from the city in a family friendly environment with excellent schools, shopping, cafes, restaurants, parks and playgrounds at your doorstep; along with convenient nearby access to public transport.

So close to:
* 400m to bus Stop 12 to city
* 3min drive to Goodlife Health Club
* 4min drive to Kmart Firle Shopping Centre
* 5min drive to Marden Shopping Centre
* 6min drive to The Parade, Norwood
* 9min drive to North Terrace, CBD

Hurry, this one won't last long!

*Sourced Google Maps

Please Note:
Please do not apply before you have viewed the property as we do not process applications until the property has first been inspected.

We respectfully request that all persons attending inspection be mindful of the resident's property and the property for rent where tenants are living during inspections.

We ask that you only enter the home if you are not displaying any cold or flu like symptoms, such as fever or cough. Please do not touch any items in the home, and please avoid touching door handles and taps.

ONLY 1840 REAL ESTATE APPLICATIONS WILL BE ACCEPTED UPON INSPECTION OF THE PROPERTY BY THE APPLICANT OR THEIR REPRESENTATIVE. WE DO NOT ACCEPT 1FORM APPLICATIONS.

LEASE TERM: 14 Months
AVAILABLE: 20th August 2025
UTILITIES: Tenant to pay all water and utility charges for the property

By applying for this property, you acknowledge you are aware and accept that the agent will use and disclose your personal information in order to, communicate with the owner and select a tenant, prepare lease/tenancy documents, allow tradespeople or equivalent organisations to contact you, lodge/claim/transfer to/from Bond Authority, refer to Tribunals/Courts and Statutory Authorities (where applicable), refer to collection agents/lawyers (where applicable) and any third party organisations nominated by 1840 Real Estate.

Property History for 2/16 First Ave, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Sold
$464,000
08 Mar 2023
Listed for Rent
$535/w
22 Jul 2025
  • 22 Jul 2025
    Listed for Rent $535 / week
  • 15 Jul 2024
    Listed for Rent $500 / week
  • 08 Mar 2023
    Sold for $464,000
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About Payneham South 5070

The size of Payneham South is approximately 0.6 square kilometres. It has 1 park. The population of Payneham South in 2016 was 1640 people. By 2021 the population was 1731 showing a population growth of 5.6% in the area during that time. The predominant age group in Payneham South is 30-39 years. Households in Payneham South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Payneham South work in a professional occupation.In 2021, 58.30% of the homes in Payneham South were owner-occupied compared with 58.00% in 2016.

Payneham South has 851 properties. Over the last 5 years, Houses in Payneham South have seen a 91.28% increase in median value, while Units have seen a 86.60% increase. As at 31 December 2025:

  • The median value for Houses in Payneham South is $1,523,091 while the median value for Units is $694,017.
  • Houses have a median rent of $660 while Units have a median rent of $545.
There are currently 1 property listed for sale, and 1 property listed for rent in Payneham south on OnTheHouse. According to Cotality's data, 25 properties were sold in the past 12 months in Payneham south.

Suburb Insights for Payneham South 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.