4/42 Coorara Ave, Payneham South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 227m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Payneham South in the last 12 months.
Set privately at the rear of a well-kept group of four, this solid and spacious unit delivers the perfect mix of easy living, strong returns, and eastern suburbs convenience.
Inside, a large lounge flows to a separate dining area and an updated kitchen with excellent storage and a corner pantry. Two bedrooms with built-in cupboards, a full bathroom, and a separate laundry complete the layout.
The private outdoor area is a standout, paved for entertaining, surrounded by lawn and garden beds that wrap right around the home, offering plenty of room to move. Secure undercover parking and a handy utility room add extra value.
Whether you\u2019re entering the market or expanding your portfolio, this one is a smart choice for location, lifestyle, and low-maintenance appeal.
MORE to LOVE:
- Rear position in small, quiet group of 4
- Updated kitchen with separate dine and lounge
- Two bedrooms with built-in cupboards
- Spacious yard with paved entertaining area
- Secure undercover parking + utility room
- Excellent entry or investment opportunity
The CBD is a short 4km away, and public transport just 200m from doorstep, the commute couldn\u2019t be any easier. Closer afield, Syd Jones Reserve is an easy walk or you can simply head across to Magill Road or The Parade and relish on the delights they deliver.
Perfectly positioned for first-home buyers or investors offering location, lifestyle, and low-maintenance appeal with the kind of inner-city space and seclusion that\u2019s hard to find.
Nearby schools include Trintiy Gardens Primary, St Josephs, East Adelaide, Pembroke, Mary MacKillop & Marryatville High School.
SPECIFICATIONS:
CT // 5034/743
Zone // General Neighbourhood
Built // 1977
Land // 227sqm
Council // City of Norwood, Payneham & St Peters
Council Rates // $1,416.09 per annum
SA Water // $176.30 per quarter + 1/4 share of usage
ESL // $112.00 per annum
Body Corporation Manager // AdCorp
Body Corp. Fees // $456.25 per quarter
Estimated Rent // Written assessment provided upon request
DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.
If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
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:
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