Payneham at a glance
Median house
$1,800,000
Median unit
$289,440
Weekly rent
$650
Houses · units $577
Gross yield
1.9%
Houses, on the median
Population
2,438
Median age 38
Walk score
22
Very car dependent
Prices: Median of 5 house sales · SA Government · the latest published quarter (updated October 2026) · Rent: SA rental bond data, June 2026 · Population: 2021 Census
Houses change hands at $1,800,000 on a typical sale, well above the South Australia median (5 house sales, SA Government quarterly medians, the latest published quarter (updated October 2026)). Units come in around $289,440, roughly 84% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $360,000. Prices sit well above the South Australia median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
House prices in Payneham.
Median house price
$1,800,000
Median unit price $289,440.
Median of 5 house sales · SA Government · the latest published quarter (updated October 2026)
Rental and ownership
Weekly rent (house)
$650/wk
Weekly rent (unit)
$577/wk
Owner occupied
54%
Renter occupied
39%
At a deeper level
$1,800,000
$289,440
2,438
Median age: 38
Rental data as of June 2026· rental-sa
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The brief
What to know about Payneham.
Payneham's median house price is $1,800,000 (The SA Government's quarterly suburb median from 5 house sales, the latest published quarter (updated October 2026)).
Postcode 5070 (SA), Norwood Payneham and St Peters, part of Greater Adelaide.
Payneham (5070) sits in the Norwood Payneham and St Peters region of South Australia. The median house here is $1,800,000, well above the South Australia median of around $720K.
Payneham has roughly 2,438 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Nearby suburbs
Day to day
What it’s like to live here.
Payneham scores 22/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 448mm. Data comes from the Bureau of Meteorology's Adelaide (Kent Town) station, 11.1km away.
Schooling within or near the suburb covers 10 government primary, 1 government secondary, 6 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Payneham's population at 2,438, with a median age of 38. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (54% own, 39% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (41%), often a marker of unit-heavy stock and walkable infrastructure.
Population
2,438
Median age
38
Family households
55%
Lone person
41%
Demographics data as of May 2026· ABS 2021 Census
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For investors
Investment overview.
Gross rental yield on houses sits at 1.88% (median rent $650/wk against a $1,800,000 price tag). Units yield 10.37% gross, often the better cash-flow play for first-time investors. With 39% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: data.sa.gov.au · Oct 20261.88%
Based on $1,800,000 median
Gross Yield (Unit)
Source: data.sa.gov.au · Oct 202610.37%
Based on $289,440 median
Annual Growth (House)
Source: data.sa.gov.au · Oct 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: data.sa.gov.au · Oct 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202654%
Higher = more owner-occupier demand
Days on Market
Source: data.sa.gov.au · Oct 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
57
total offences in 2025-26
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of June 2026· State Police Open Data
Getting around
Walkability.
22
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Payneham.
Local schools for Payneham
View the catchment for each school to find out more.
Government School Catchment
Felixstow Primary School
Open Access College
Marden Senior College
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
448 mm
Hottest Month (avg max)
28.0°C
Coldest Month (avg min)
7.0°C
Monthly Rainfall (mm)
Weather data from BOM station Adelaide (Kent Town) (11 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Payneham.
- What is the median house price in Payneham?
- The median house price in Payneham, SA 5070 is $1,800,000 (The SA Government's quarterly suburb median from 5 house sales, the latest published quarter (updated October 2026)). The median unit price is $289,440.
- How much is my house worth in Payneham?
- A useful starting point is the Payneham median house price of $1,800,000 (units $289,440). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Payneham a good investment?
- On the published figures, the gross rental yield on houses in Payneham is 1.9%: the median weekly house rent is $650 (SA rental bond data, June 2026) against the median house price of $1,800,000 (SA Government, the latest published quarter, updated October 2026). No 12-month price change is published for Payneham: the SA Government figures we hold do not measure one. Whether Payneham is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Payneham postcode?
- Payneham is in the 5070 postcode, in SA, in the Norwood Payneham and St Peters region.
- Where is Payneham?
- Payneham is a suburb of Adelaide, in SA 5070. It is part of the Greater Adelaide area, in the Norwood Payneham and St Peters region.
- What is the average rent in Payneham?
- The median weekly rent for houses is $650, for units it's $577.
- What schools are in Payneham?
- There are 20 schools serving Payneham on this page, including St Joseph's School, Felixstow Primary School, Open Access College.
- How walkable is Payneham?
- Payneham has a Walk Score of 22 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Payneham?
- Payneham is close to Marden, Royston Park, Payneham South, Felixstow, Evandale.
- What is the population of Payneham?
- The population of Payneham is approximately 2,438 (2021 Census). The median age is 38.
Payneham
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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