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Description: Suburb of Adelaide, South Australia

Coordinates: -34.899°, 138.642°

Payneham, South Australia

Payneham is an eastern suburb of Adelaide in the City of Norwood Payneham St Peters. It is part of a string of suburbs in Adelaide's east with a high proportion of Adelaide's Italian-Australian and French-Australian residents, many of whom can be traced back to the large-scale migration following World War II.

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Real Estate Market

Why People Buy & Invest in Payneham

Growing Housing Demand

The population of Payneham continues to grow, increasing the demand for modern apartments, family homes, and rental units.

Affordable Property Prices

Compared to major cities, property prices in Payneham remain attractive for first-time homebuyers and investors.

Stable Rental Income

Many areas around Payneham provide excellent rental yields due to tourism, students, and local job markets.

Property Types

Popular Homes in Payneham

Family Houses

Spacious homes in peaceful neighborhoods — perfect for families living in Payneham.

Modern Apartments

Affordable and well-located apartments popular among young professionals and students in Payneham.

Land & Plots

Ideal for investors looking to build private homes or start commercial projects in Payneham.

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