3/16 First Avenue, Payneham South, SA 5070 | Property Value & History | OnTheHouse
OFF MARKET

3/16 First Avenue
Payneham South SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 79m2
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Property Details for 3/16 First Ave, Payneham South

3/16 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 79m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1974
Floor Size
68m2
Land Size
79m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U3/S1357

Last Listing description (March 2024)

Adelaide Property Brokers are proud to present this charming 2-bedroom unit within a small group of 4.

This delightful home offering a perfect blend of modern comfort and convenient living.

As you step inside, you'll be impressed by the spacious living area enhanced by the wall air conditioner and heating unit to ensure all year-round comfort.

A modern kitchen with electric stove top and oven overlooks the dining and living area allowing an inclusive feel for everyone to come together for meals and social gatherings.

Wooden timber flooring throughout the living space and bedrooms creates a warm and welcoming ambience; let your creative design flow with your perfect styling touches.

The bathroom is conveniently located and a seperate laundry with walk through to access your own private paved courtyard including a garden shed for extra storage.

Conveniently located near public transport, approximately 5km from the Adelaide CBD and a short drive to Norwood, one of Adelaide most prominent suburbs for entertainment, shopping and amazing dining options.

Recently painted, this home is move in ready. Whether you are a first home buyer, downsizing or an investor, don't miss out on this fantastic opportunity.

We look forward to seeing you at our open inspections and Auction on Saturday 23rd March 2024 at 9.00am.

RLA 275183

Build: 1974

Council Rates: $1,644.00 p/year approx.
SA Water Rates: $199.41 p/quarter approx.
ESL: $119.35 p/year approx.
Strata Fee: $463.75 p/quarter approx.

Property History for 3/16 First Ave, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Sold
$502,000
10 Apr 2024
Listed for Rent
$390/w
17 Feb 2023
  • 10 Apr 2024
    Sold for $502,000
  • 28 Feb 2024
    Listed for Sale Contact Agent
  • 08 Feb 2023
    Listed for Rent $390 / week
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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 86.79% increase in median value, while Units have seen a 103.64% increase. As at 30 November 2025:

  • The median value for Houses in Payneham South is $1,480,686 while the median value for Units is $691,994.
  • Houses have a median rent of $660 while Units have a median rent of $550.
There are currently 1 property listed for sale, and no properties listed for rent in Payneham south on OnTheHouse. According to Cotality's data, 26 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.