38 Payneham Road is an contemporary building in a highly desirable and recognisable position only 2km from the Adelaide CBD. The property enjoys a significant frontage to Payneham Road which provides excellent street presence and good signage. The corporate foyer entrance leads into a central atrium which combined with floor to ceiling windows provides significant natural light throughout the premises.
38 Payneham Road is within walking distance of cafes, supermarkets and shops and is only a short distance to the Norwood shopping precinct.
There is onsite car parking at the rear of the building with access from George Street and the building enjoys common area kitchens, end of trip shower facilities and has optic fibre connected.
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2016 was 872 people. By 2021 the population was 942 showing a population growth of 8.0% in the area during that time. The predominant age group in Stepney is 30-39 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation.In 2021, 60.00% of the homes in Stepney were owner-occupied compared with 59.50% in 2016.
Stepney has 794 properties. Over the last 5 years, Houses in Stepney have seen a 64.40% increase in median value, while Units have seen a 80.85% increase. As at 30 November 2025:
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