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Back 8/3 Rosella Street
Off Market

8/3 Rosella Street

Payneham SA 5070

2
1
1
Apartment
Paul McGrathPaul McGrath, last sold this property on 15 August 2025 after 37 days on market.

Overview

Fresh, Affordable & Ideally Located Ground Floor Unit in Payneham

RLA 252 299 Perfectly positioned in one of Adelaide's most convenient near-city suburbs, this updated ground-floor unit is a fantastic opportunity for first-home buyers, downsizers or savvy investors. With solid full-brick construction (1971), fresh finishes throughout and a surprisingly spacious feel, it's ready to move in and enjoy. Step inside to find open-plan living with stylish new timber floors, a light-filled layout, and a split system air conditioner to keep you comfortable year-round. The modernised kitchen features timber benchtops, a gas cooktop, double sink and refreshed cabinetry functional and fresh with a warm, homely feel. The main bedroom includes built-in robes, while the second room adds flexibility for guests or a home office. The tiled bathroom is larger than usual and incorporates a laundry space, complete with a small hip bath and a brand new shower screen. A standout feature is the north-facing rear yard a sunny, low-maintenance space ideal for relaxing or entertaining, plus there's a small shed for storage. Out the front, a second private courtyard leads to your undercover carport. Freshly painted and beautifully presented, this is a property you can settle into immediately no work needed. Located just minutes from the CBD, you'll love the lifestyle on offer here. Walk, ride or catch public transport into the city. Directly across from the newly upgraded Payneham Oval and tennis courts, and close to the Payneham Swimming Centre, library, bowling club, and Goodlife Gym. Enjoy weekends at Marden Markets or one of the many nearby cafes. It's zoned to Marryatville High and Felixstow Community School, with top-tier private schools like Pembroke, Loreto, and St Joseph's also nearby. For investors, the rental potential is estimated between $480$520 per week. Our experienced property management team is available to help you maximise your return. The interstate owner has already secured another opportunity and is motivated to sell. This is value buying in a sought-after location act quickly, as properties like this don't last long. Make your offer today it won't disappoint. Council Rates: New FY TBC SA Water: $705.20 pa + usage ESL: $99.956 pa Strata Fees - Admin: $345 pq | Sinking: $179 pq

Features

2 bedrooms
1 bathroom
1 carspace
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 8/3 Rosella Street 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 8/3 Rosella Street

2025
Sold
Undisclosed
Private Sale/Treaty on 15 Aug 2025 by Paul McGrath, of McGrath Real Estate Group

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 8/3 Rosella Street, 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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