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Back 1/47 Payne St
Off Market

1/47 Payne St

Hope Valley SA 5090

2
1
1
111 m²
208 m²
Unit
Last sold for $680,000
Vanessa BiancoVanessa Bianco, last sold this property on 31 March 2026 after 29 days on market.

Overview

Neat & Tidy 2-Bed Unit with Investment Allure.

One of only 6 dwellings in a small complex located at the end of a cul-de-sac extension of Payne Street, this 2-bedroom brick-veneer unit will put a sparkle in the eye of both investors chasing solid rental returns and first-time buyers hungry to take that landmark initial step up the property ladder. Across 98.2 sqm of internal living, the unit accommodates an air-conditioned lounge, combined kitchen/meals area, 2 fan-cooled, carpeted beds, a bathroom, laundry and single garage. Feature details like solid timber architraves and skirting boards pop against white-washed walls, as do floating floorboards in the main living spaces. While modest in appearance, the kitchen has all the basics covered, and sliders extend the meals side onto a pathway leading to a private fenced courtyard where the lawn will return with the first sprinkling of autumn rain! To value-add here (STCC), remodelling the kitchen would be a logical starting point; the bathroom could be refreshed too - it's spacious enough to fit both a shower and tub, but still sports early-90s tiling and tapware. In this location, where you can walk to a supermarket, buses to Westfield TTP and town, and sociable community recreational facilities, investors will have no trouble renting this single-level unit - that's if they can beat the line of eager first-time buyers hoping to secure it for themselves! FEATURES WE LOVE • Low-maintenance brick-veneer unit in a small complex of 6 • Floating floorboards in the front lounge & adjacent combined kitchen/meals hub • Gas cooker/oven, twin sink & a dining bar • 2 carpeted bedrooms, the larger with a BIR • Split-system AC in the lounge, ceiling fans in both beds • Spacious bathroom with original tiling, a shower & tub, WC next door • Sliders from the meals area to a garden-framed pathway leading to a fenced courtyard • Access from the laundry & a single garage (roller door) onto a paved rear verandah • Solid timber window frames & skirting boards throughout LOCATION • Tranquil Foothills' position at the end of a low-traffic cul-de-sac • 15-minute walk to Drakes, cafes, eateries & The Valley Inn, or drive there in 3 minutes • 500m walk to catch a bus to Westfield TTP or straight into town via Paradise Interchange • Lots of parks & recreational facilities within an easy stroll (croquet club, Korong Reserve & Hope Valley Tennis & Netball Club) • Only 500m to Highbury Primary + zoning for Modbury High Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. Norwood RLA 278530 Property Details: Council | Tea Tree Gully Zone | General Neighbourhood Land | 208sqm(Approx.) House | 111sqm(Approx.) Built | TBC Council Rates | $TBC pa Water | $TBC pq ESL | $TBC pa

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
111 m² floor area
208 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Hope Valley over the last 12 months, the estimated median property value of 1/47 Payne St is $608k.

Median value
$608k
Estimated value range
$560k - $680k
Median days on market
22
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hope Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/47 Payne St

2026
Sold
$680,000
31 Mar 2026 by Vanessa Bianco, of Ray White Norwood

Happy sellers in Hope Valley

94%
94% of sellers in Hope Valley reported that their sale price either exceeded or met their price expectations.

Hope Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Hope Valley over the last 12 months.

Local market activity for 2 bedroom units in Hope Valley

In the last 12 months, 6 two-bedroom units similar to 1/47 Payne St, have been sold.

This represents a 40% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hope Valley

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Rachel Lawrie

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Bjorn Kunzel

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Greg Nicholls

Sellers who recommend Greg Nicholls have praised them for being clear communication, local expert, friendly, reliable, responsive, trustworthy and supportive

  •   4.9   (92 reviews)
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Surya Acharya

Surya Acharya is a recommended agent for Hope Valley.  They have collected 1 local review across the last 12 months.

  •   5   (1 review)
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