81 Payinthi Drive, Prospect SA 5082
81 Payinthi Drive, Prospect SA 5082
This is a three bedroom, two bathroom townhouse with two car parks on 115 square metres of land, part of a multi unit development on Payinthi Drive in Prospect. The property is currently valued around one million dollars and is not actively listed for sale.
This townhouse occupies a strong position in Prospect’s densification corridor, where newer compact stock is increasingly sought after by buyers trading larger suburban blocks for proximity to the city. The configuration is competitive for its segment: three bedrooms with two bathrooms and two dedicated car spaces is uncommon in smaller multi unit developments, giving it an edge over typical one or two bedroom apartments in the same price bracket. The property is best suited to young professionals or downsizers who want low maintenance living without sacrificing bedroom count, and investors will find the layout appealing for tenant demand in an inner urban location with good amenity access.
The small land size of 115 square metres may limit capital growth compared to detached houses in the suburb, and the mixed references across sources suggest the development contains units of varying sizes and values, which could create price anchoring effects within the complex. The absence of detail on building age, interior finishes, and orientation means the property’s condition and aspect will materially influence its final market value, and buyers should inspect carefully to assess whether the unit benefits from natural light and modern fit out. Rental yield is likely moderate given the location, but the lack of recent comparable sales for identical units introduces some uncertainty when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 81 Payinthi Drive, Prospect SA 5082
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Prospect is a well-established, family-oriented suburb with a strong professional demographic, driving consistent demand for its housing. The market demonstrates robust capital growth, particularly for houses, with a competitive sales environment reflected in swift selling periods. While units offer higher rental yields, the suburb’s appeal to owner-occupiers underpins its performance. Future growth is supported by its established community fabric, though its popularity and consequent price point present an inherent entry constraint.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
115m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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