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Back 5/4 Albert Pl
Off Market

5/4 Albert Pl

Payneham SA 5070

2
1
2
Apartment
Allison BartlettAllison Bartlett, last sold this property on 30 July 2025 after 63 days on market.

Overview

Contemporary Living in the Heart of Payneham

Step into this stylish two-bedroom home located in the sought-after suburb of Payneham - ideal for those embracing a vibrant, cosmopolitan lifestyle. Opening to a spacious open plan living, dining and kitchen area featuring modern floating floorboards that flows to the private low maintenance outdoor entertaining area. Upstairs, you'll find two bedrooms along with a versatile second living area. Your new home boasts a prime location just a short drive away from the vibrant shopping, dining, and entertainment options found on The Parade, Norwood. It is also conveniently close to several parks, reserves and playgrounds; perfect for outdoor enjoyment. First home buyers will find this property an excellent entry-level opportunity in a highly sought-after area. Alternatively, it offers an appealing investment opportunity, with a current lease in place and the area is well known for strong rental returns and capital growth. Features that make this home special: Upper level: - Master bedroom with walk-in robe - Second bedroom built-in robe - Living area with split system air conditioner Ground level: - Light filled open plan living, dining and kitchen area with split system air conditioner - Modern kitchen with dishwasher, island breakfast bar and ample bench and cupboard space - Bathroom with spa bath/shower and laundry facilities; featuring floor to ceiling tiling - Generous undercover outdoor area with roller door, ideal for entertaining or secure parking for up to two vehicles - Large driveway with 2 allocated parking spaces providing off-street parking for two more vehicles - Garden shed Additional features: - Currently tenanted for $500/week until November 2025 - Standalone unit in a group of only five - Strata managed Ideally located a short distance to local shopping centres including Marden Shopping Centre and Walkerville Terrace Shopping Centre. In close proximity to sporting facilities, public transport options and some of Adelaide's finest schools including Trinity Gardens, St Peter's College, East Adelaide, St Andrew's and St Monica's Parish. All this and just 5.7kms (approximately) to the CBD. All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website. Looking to purchase this property as an investment? Speak to our Property Management team to see how we can assist. RLA 313174

Features

2 bedrooms
1 bathroom
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Payneham over the last 12 months, the estimated median property value of 5/4 Albert Pl is $748.25k.

Median value
$748.25k
Estimated value range
$669.5k - $827k
Median days on market
63
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Payneham. 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 5/4 Albert Pl

2025
Sold
Undisclosed
Private Sale/Treaty on 30 Jul 2025 by Allison Bartlett, of Boffo Real Estate
2024
Rented
Undisclosed
Leased on 31 Oct 2024 by Boffo Real Estate
2017
Sold
Undisclosed
Private Sale (EOI) on 14 Nov 2017 by Nick Ploubidis, of LJ Hooker Kensington | Unley

Happy sellers in Payneham

96%
96% of sellers in Payneham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 5 reviews in Payneham over the last 12 months.

Local market activity for 2 bedroom apartments in Payneham

In the last 12 months, 6 two-bedroom apartments similar to 5/4 Albert Pl, have been sold.

This represents a 75% decrease in two-bedroom apartments 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 Payneham

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Alexander Parzis

Alexander Parzis is a recommended agent for Payneham.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   4.9   (117 reviews)
  •  1 Review in Payneham
  •  2 Sales in Payneham
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Linda Clemente

Linda Clemente is a recommended agent for Payneham.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (88 reviews)
  •  1 Review in Payneham
  •  1 Sale in Payneham
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Robert Bonelli

Robert Bonelli is a recommended agent for Payneham.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Payneham
  •  1 Sale in Payneham
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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)
  •  1 Review in Payneham
  •  1 Sale in Payneham
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