Payneham South at a glance
Median house
$1,330,000
-24.2% year on year
Median unit
$289,440
Walk score
36
Car dependent
Population
1,731
Median age 39
The brief
What to know about Payneham South.
The postcode for Payneham South is 5070 (SA), part of Greater Adelaide.
The median house price in Payneham South is $1,330,000.
Payneham South (5070) sits in the Norwood Payneham and St Peters region of South Australia. The median house here is $1,330,000, well above the South Australia median of around $720K. Prices have moved -24.2% over the past year, well behind the South Australia average (5%).
Payneham South has roughly 1,731 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Daily life is car-friendly: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Payneham South scores 36/100 on walkability, which makes it car-friendly 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 8 government primary, 4 government secondary, 6 Catholic, 1 independent.
Who lives here
Demographics.
The 2021 Census put Payneham South's population at 1,731, with a median age of 39. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (58% own, 38% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (65% family households, 32% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,731
Median age
39
Family households
65%
Lone person
32%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,330,000 on a typical sale, well above the South Australia median. Units come in around $289,440, roughly 78% below the house median. The 12-month picture shows a softening market (-24.2%), giving buyers more room to negotiate.
For buyers
A 20% deposit on the median house works out to roughly $266,000. Prices sit well above the South Australia median, so plan for a stretched deposit and shop carefully on borrowing capacity.
For sellers
With 12-month growth at -24.2%, pricing should anchor to the most recent six months of comparables, not last year's peak.
Market
The price of a home here.
Median house price
$1,330,000
-24.2% over the past year. Median unit price $289,440.
Sales data as of July 2026· sales-sa
Rental and ownership
Weekly rent (house)
$650/wk
Weekly rent (unit)
$580/wk
Owner occupied
58%
Renter occupied
38%
At a deeper level
$1,330,000
-24.2% annual growth
$289,440
1,731
Median age: 39
Rental data as of March 2026· rental-sa
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For investors
Investment overview.
Gross rental yield on houses sits at 2.54% (median rent $650/wk against a $1,330,000 price tag). Units yield 10.42% gross, often the better cash-flow play for first-time investors. With 38% 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 · July 20262.54%
Based on $1,330,000 median
Gross Yield (Unit)
Source: data.sa.gov.au · July 202610.42%
Based on $289,440 median
Annual Growth (House)
Source: data.sa.gov.au · July 2026-24.2%
Year-on-year capital growth
Annual Growth (Unit)
Source: data.sa.gov.au · July 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202658%
Higher = more owner-occupier demand
Days on Market
Source: data.sa.gov.au · July 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.
5-year trajectory
at -24.2%/yr
2021
$5.3M
5-year change
-75%
2026
$1.3M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
Safety
Crime and safety.
31
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.
36
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Payneham South.
Local schools for Payneham South
View the catchment for each school to find out more.
Government School Catchment
Trinity Gardens School
Felixstow Primary School
East Adelaide School
© 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 South.
- What is the median house price in Payneham South?
- The median house price in Payneham South, SA 5070 is $1,330,000. The median unit price is $289,440. Annual growth is -24.2%.
- What is the Payneham South postcode?
- Payneham South is in the 5070 postcode, in SA, in the Norwood Payneham and St Peters region.
- Where is Payneham South?
- Payneham South 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 South?
- The median weekly rent for houses is $650, for units it's $580.
- What schools are in Payneham South?
- There are 20 schools serving Payneham South on this page, including Trinity Gardens School, St Joseph's School, Felixstow Primary School.
- How walkable is Payneham South?
- Payneham South has a Walk Score of 36 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Payneham South?
- Payneham South is close to Firle, Trinity Gardens, Payneham, St Morris, Evandale.
- What is the population of Payneham South?
- The population of Payneham South is approximately 1,731 (2021 Census). The median age is 39.
For Sale
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Payneham South
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Surrounding Suburbs
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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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