At number 2851th in the list of Australian suburbs ordered by increase in median house value over the last year, Payneham, 5070 is in the BOTTOM 40% with a property value increase of 0.84% recorded in median house prices.
Over the longer term, Payneham has seen property prices show investors a 18.23% return over the last 3 years. This is worse than over the last 12 months
With the median price for a house in Payneham being $600000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 3.38%
Payneham has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -7.89% to date .
If we look at median property appreciation over just the last three months, Payneham has given property investors a paper return of 1.29%. This puts Suburb as 86 on a list of fastest fasting appreciating suburbs in SA
Payneham, 5070 is offering SA ‘s 110th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this SA.
Residents and property investors in Payneham have been waiting around 77.15 days to sell a property.
Payneham, 5070’s gross rental yield is 4.79%