3/58-60 Luhrs Road, Payneham South, SA 5070 | Property Value & History | OnTheHouse
OFF MARKET

3/58-60 Luhrs Road
Payneham South SA 5070

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 183m2
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Property Details for 3/58-60 Luhrs Rd, Payneham South

3/58-60 Luhrs Rd, Payneham South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 183m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last transferred in December 2019.

Building Type
Unit
Year Built
1984
Floor Size
122m2
Land Size
183m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U3/S5789

Last Listing description (June 2017)

This perfectly located Colonial 2 bedroom homette is one of eight units set back off a tree lined avenue. It is in a group of two connected only by their single garages.
The generous entry opens onto a spacious lounge and dining area with a large bay window to the front, and rear access to the low maintenance paved courtyard with undercover entertaining area and garden beds. A sliding door off the entry leads to the hallway which uncovers a wealth of built in storage, two queen sized bedrooms - both including built-in robes - as well as a bathroom and separate toilet. In addition to this there is also a generous laundry, with easy access to an external drying area.

Beautifully presented private and secure solid brick Strata titled unit offering;
* Spacious open plan living/dining area with large bay window and gas fire
* 2 generous sized bedrooms - both with BIRs
* Neutral carpet throughout living areas and bedrooms
* Original kitchen with plenty of bench space and cupboards
* Gas cooktop and separate gas fan forced oven
* Separate laundry room with access to the rear courtyard
* Well maintained original main bathroom with separate bath and shower
* Evaporative ducted cooling
* Single car garage with electric roller door.
This property presents an affordable entry point to buy in the sought after Eastern Suburbs at a fantastic price and offers the perfect opportunity for an investor looking to secure a sound investment property with a wonderful tenant - currently leased until February 2018 at $290 per week.
Equally handy to Portrush Road and Glynburn Road, 15 minutes to the City, and with convenient easy access to both Marden and Firle Shopping Centres. Regular public transport is available just a short walk away.
Council: City of Norwood Payneham & St Peters
Council Rates: $969.49 per annum
SA Water: $154.05 per quarter
ESL: $209.50 per annum
Strata Rates: $397- per quarter
Year Built: 1984
Zoning: Residential.

Property History for 3/58-60 Luhrs Rd, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Transferred
10 Dec 2019
Listed for Rent
$290/w
23 Feb 2017
  • 10 Dec 2019
    Transferred
  • 29 Jun 2017
    Sold for $415,000
  • 11 May 2017
    Listed for Sale $395,000-$420,000
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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 88.80% increase in median value, while Units have seen a 84.25% increase. As at 31 January 2026:

  • The median value for Houses in Payneham South is $1,519,219 while the median value for Units is $694,285.
  • Houses have a median rent of $650 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, 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.