All About Payneham South, Norwood Payneham And St Peters, SA, 5070

Payneham South, located in the Norwood Payneham and St Peters area of South Australia, is a suburban oasis that has garnered attention for its vibrant housing market and appealing lifestyle offerings. The housing market in Payneham South is known for its variety of architectural styles, including charming bungalows and contemporary homes, offering something for those who appreciate both vintage appeal and modern designs. As part of the broader Adelaide metropolitan area, Payneham South benefits from the city's steady real estate growth, making it an attractive option for both investors and homebuyers. While housing prices have seen a gradual increase, they remain relatively affordable compared to more central locations, providing a viable option for families and young professionals looking to settle down in a friendly and community-oriented environment.

Living in Payneham South offers a tranquil yet connected lifestyle. The area is known for its lush parks, tree-lined streets, and a strong sense of community. Residents enjoy easy access to public amenities, such as shopping centers, quality schools, and healthcare facilities, all while being just a short drive away from the bustling Adelaide city center. Community events and markets frequently bring neighbors together, fostering a convivial atmosphere. Additionally, the suburb’s proximity to recreational spaces and walking trails makes it ideal for those who enjoy an active lifestyle. Payneham South provides both the charm of suburban living and the convenience of city access, making it a desirable place for those who seek a balanced lifestyle.

Payneham South Real Estate Market Outlook

Thinking about buying in Payneham South? Now could not be a better time, with 1050 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $935,000 with prices in this suburb ranging from $272,000 to $2,099,000. The aproximate distance to the coast is 11 Km.

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 South 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 South 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 South 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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