54 First Avenue, Payneham South, SA 5070 | Property Value & History | OnTheHouse
OFF MARKET

54 First Avenue
Payneham South SA 5070

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Last updated 15 Jun 2026
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Property Details for 54 First Ave, Payneham South

54 First Ave, Payneham South is a 3 bedroom, 1 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Norwood Payneham & St Peters

Last Listing description (March 2026)

Auction Thursday 20th November at 6pm

Auction Location: On Site**Gateway to Timeless Charm**Stepping into 54 First Avenue, Payneham South feels like being embraced by a loving embrace of a home that has been cherished by a single family for years. Nestled on a generous 733 square metre corner allotment, this classic abode offers both classic character and incredible potential for a new chapter, whether it be a cozy family nest or an innovative development opportunity due to its sub-division potential.The heart of the home is its harmonious blend of living spaces, seamlessly interconnected yet offering distinct functionality. The living room, with its inviting atmosphere, draws you in to relax and savor the tranquility of the surroundings. The well-designed kitchen space, bathed in natural light, promises both convenience and a bustling place to nurture culinary creativity. The three bedrooms offer restful retreats, each with its own personality and charm, ensuring restful nights and cozy mornings. The home's bathroom, designed with a mindful mix of utility and comfort, reflects a timeless design that caters to the needs of modern living. Venture outside and discover the multiple shedding options, perfect for the hobbyist or for those seeking extra storage. The expansive yard beckons playful laughter or offers a canvas for gardening enthusiasts aiming to create their own piece of paradise.While this beloved family home is etched with memories, it waits with open arms for new stories to be made. At the same time, the ample land and corner positioning ignite the imagination with possibilities for future subdivision.Scheduled to make a promising debut on the market soon, 54 First Avenue is more than a home; it is an opportunity waiting to be explored.- 733 sqm corner allotment- Subdivision potential- Multiple shedding options- 3 cozy bedrooms, 1 bathroom- Unique, one-owner family home

Property History for 54 First Ave, Payneham South, SA 5070

A timeline of how this property has performed in the market
  • 20 Nov 2025
    Sold for $1,660,000
  • 04 Jun 2025
    Listed for Sale Under Contract - Contact Sharee Redic
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About Payneham South 5070

The size of Payneham South is approximately 0.6 square kilometres. There is 1 park within the area. 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 853 properties. Over the last 5 years, Houses in Payneham South have seen a 79.99% increase in median value, while Units have seen a 96.53% increase. As at 31 May 2026:

  • The median value for Houses in Payneham South is $1,561,896 while the median value for Units is $704,636.
  • Houses have a median rent of $668 while Units have a median rent of $530.
There are currently 2 properties listed for sale, and no properties listed for rent in Payneham south on OnTheHouse. According to Cotality's data, 23 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.