50 First Avenue, Payneham South, SA 5070 sold on 26 May 2025 | OnTheHouse
SOLD
Sold on 26 May 2025 for $1,100,000

50 First Avenue
Payneham South SA 5070

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 737m2
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Property Details for 50 First Ave, Payneham South

50 First Ave, Payneham South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 737m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Payneham South in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
109m2
Land Size
737m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A70/D3377

Last Listing description (November 2025)

Lean into the exciting process of designing a visionary home for your family from solid 40's foundations and a well-proportioned 737sqm slice of Payneham South on friendly First Avenue.

Offering a current blueprint of some 122sqm with a generous front yard and huge backyard, the canvas is blank and prime for an exciting extension, tying in the existing five main rooms - or simply start from scratch and capitalise on this blue-chip eastern suburbs location to develop a new home (STCC) with a prime position.


The home itself makes a charming street presence with a gabled terracotta-tiled roof and fresh white façade. Enter via an eastern verandah into the entry hall to find the first bedroom, a new monochrome bathroom, and a large living room with a heater and split system A/C unit. The kitchen/meals tick the boxes for functionality with a maintained timber-look kitchen, contemporary floating floors and lots of natural light, with another split system A/C unit in place for year-round comfort, and a second toilet, dedicated laundry and verandah situated off the kitchen.

Two more bedrooms feed off the dining, with wall-to-wall built-in robes for the largest, with perhaps the potential to convert the smaller into a walk-in robe and ensuite… Potential is certainly paramount in this wonderful property, in a location that needs no introduction. Positioned on tree-lined First Avenue, embrace a locale that's just 4km to the Adelaide CBD and less than 2km to Norwood Parade in the leafy eastern suburb of Payneham South.

FEATURES WE LOVE
• Generous 737sqm (approx.) north/south rectangular allotment and wide frontage
• Charming original home with large blank canvas backyard
• Well-sized original rooms including a large lounge room
• Fluid kitchen/meals area
• Three well-sized bedrooms
• Sleek new bathroom with stylish tiles and modern vanity plus handy second toilet
• A thrilling opportunity to renovate or develop your dream home or next project in a revered location

LOCATION
• Shopping convenience is yours walking distance to Firle Plaza (including Kmart and Coles) and a dash to Norwood Foodland and Marden Shopping Centre
• Everyday lifestyle ease includes an array of local cafes including Cheeky Grin Coffee, Half & Hafu, Payneham Library, and Payneham Oval and playground
• Within the catchment area for Norwood International High and Trinity Gardens School and a short drive to Pembroke School
• Easy access to public transport along Gage Street
• Only 4km to Adelaide CBD for an easy ride or drive into the heart of the city for work or play

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:
Council | Norwood, Payneham & St Peters
Zone | GN - General Neighbourhood\\
Land | 737sqm(Approx.)
House | 122sqm(Approx.)
Built | 1940
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Property History for 50 First Ave, Payneham South, SA 5070

A timeline of how this property has performed in the market
Last Sold
$1,100,000
26 May 2025
  • 26 May 2025
    Sold for $1,100,000
  • 05 Nov 2024
    Listed for Sale CONTACT AGENT
  • 12 May 2023
    Transferred
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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 1 property 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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Ray White Norwood
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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.