Thinking about buying in Payneham? Now could not be a better time, with 1857 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $747,000 with prices in this suburb ranging from $211,000 to $2,891,000. The aproximate distance to the coast is 11 Km.
Median Weekly Rent | $298.33 |
Median Monthly Mortgage | $1633.67 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 40.00 |
Average Income | $810.33 |
Average Cars Per Dwelling | 1.40 |
Average Properties Within 50M | 28 |
1 Bed  $419,000 |
2 Bed  $512,000 |
3 Bed  $983,000 |
4 Bed  $1,280,000 |
5 Bed  $1,514,000 |
6 Bed+$1,364,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Payneham are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Payneham classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Payneham necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
UNIT 4, 24 ASHBROOK AV, PAYNEHAM, SA, 5070 | 2 | 1 | 1 | 500000 |
St Joseph's School
Felixstow Community School
Marden Senior College
Open Access College
Trinity Gardens School
East Adelaide School
St Joseph's School
East Marden Primary School
Vale Park Primary School
East Torrens Primary School
(While the above schools are located with the suburb of Payneham there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 13.1 | 25.2 | 37.4 | 86.6 | 3.0 | 26.1 |
Feb | 1.3 | 13.1 | 24.6 | 39.3 | 85.7 | 2.9 | 23.3 |
Mar | 1.6 | 11.1 | 21.2 | 47.3 | 91.2 | 2.7 | 17.8 |
Apr | 2.0 | 10.3 | 18.2 | 51.8 | 89.4 | 2.6 | 13.2 |
May | 3.7 | 7.8 | 13.1 | 65.2 | 92 | 2.9 | 9.0 |
Jun | 4.2 | 5.8 | 10.5 | 71.6 | 94.1 | 3.1 | 8.4 |
Jul | 4.2 | 5.1 | 9.9 | 70.9 | 95.2 | 3.6 | 8.2 |
Aug | 3.9 | 5.1 | 10.5 | 66.5 | 95.1 | 3.7 | 10.4 |
Sept | 3.6 | 6.5 | 13.8 | 54.3 | 93.2 | 3.6 | 15.1 |
Oct | 2.2 | 8.0 | 17.2 | 47.3 | 90.3 | 3.2 | 20.8 |
Nov | 1.3 | 9.2 | 19.7 | 42.3 | 91.6 | 2.8 | 24.8 |
Dec | 1.1 | 11.8 | 23.6 | 36.0 | 83.7 | 2.8 | 27.4 |
source: Australian Government Bureau of Meteorology
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