Suburb Profile Report for Payneham SA (5070)

Payneham House: Median price $600,750, Annual capital growth 6.46%, Number of sales 23, Weekly median advertised rent $390

Payneham Unit: Median price $311,000, Annual capital growth 3.70%, Number of sales 42, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Payneham, 5070 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.38%

Taking the average capital gain, or increase in median house value, Payneham,5070 has racked up an average of 0.38% over the period. This ranks it number 1889th in the whole country for real estate investors looking at median house price increases.

The SA suburb of Payneham, 5070 is in the Norwood Payneham St Peters local government area.

Payneham has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -8.80% to date .

A -8.53% growth in median value for property investors in Payneham,5070 puts this suburb at number 108th in terms of best performing suburbs in SA

Payneham, 5070 is offering SA ‘s 72th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.

Payneham, 5070’s gross rental yield is 4.77%

HOUSE UNIT
$600,750 $311,000
0.13% -0.80%
0.38% -8.80%
6.46% 3.70%
$390 $285
23 42
3.38% 4.77%
N/A 85.55

Source: CoreLogic

DSR Score for property investment : Balanced (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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