Suburb Profile Report for Payneham SA (5070)

Payneham House: Median price $588,000, Annual capital growth 5.41%, Number of sales 19, Weekly median advertised rent $390

Payneham Unit: Median price $327,000, Annual capital growth 2.97%, Number of sales 32, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Payneham has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.00% to date .

Payneham,5070 has offered an average of -2.00% return per annum in house price rises to property investors over the last three years.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

SA has seen average median house prices change by 3.02% which means that Payneham, 5070 has done well for property investors by showing a capital gain of 4.31% over the last year

The five-year average increase in median property values for Payneham,5070 has given property investors a potential capital gain of 2.99% across each of those five years.

Property buyers and investors in Payneham 5070 should be seeing an average reduction in asking price of around -3.81% . This means that Payneham is holding prices well when compared to other suburbs in SA.

Payneham is 114th on a list of best yielding suburbs for rents in SA with a 4.53% return

Metrics i HOUSE UNIT
$588,000 $327,000
-2.00% 1.57%
-2.00% 4.31%
5.41% 2.97%
$390 $285
19 32
3.45% 4.53%
N/A 49.33

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2220
Median household income ($/weekly) 995
Median age of persons 37
Median housing loan repayment ($/monthly) 1639
Average household size 2
  • Census Count Percent(%)
    20-24 years 232 10.5
    25-34 years 442 19.9
    35-44 years 318 14.3
    45-54 years 237 10.7
    55-64 years 198 8.9
    Others 793 35.7
    Age Group
    Census Count Percent(%)
    Not Married 954 52.6
    Registered Married 711 39.2
    Defacto Relationship 148 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1369 65.2
    Croatia 74 3.5
    Indonesia 84 4.0
    Japan 195 9.3
    United Kingdom 91 4.3
    Others 286 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 61 3.0
    Christianity 1310 64.4
    Hinduism 55 2.7
    Other Religious Groups 56 2.8
    No Religion 512 25.2
    Others 40 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 98 9.9
    $400-$599 125 12.6
    $800-$999 104 10.5
    $1,000-$1,249 95 9.6
    $1,500-$1,999 120 12.1
    Others 447 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 718 38.9
    Not in the labour force 677 36.7
    Employed, worked part-time 335 18.1
    Employed, away from work 62 3.4
    Unemployed, looking for work 54 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 110 9.8
    Professionals 344 30.8
    Technicians & trades workers 129 11.5
    Community & personal service workers 125 11.2
    Clerical & administrative workers 173 15.5
    Others 236 21.1
    Occupation
    Census Count Percent(%)
    Pre-school 32 6.8
    Infants/Primary 116 24.6
    Secondary 71 15.0
    Technical or Further Educational Institution 50 10.6
    University or other Tertiary Institutions 186 39.4
    Others 17 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1060 50.4
    Flat, unit or apartment 555 26.4
    Semi-detached, row or terrace house, townhouse 490 23.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 398 38.3
    Fully owned 310 29.8
    Being purchased 306 29.4
    Other tenure type 26 2.5
    Tenure Type
Census 2011, ABS
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