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231 The Parade
Norwood SA 5067

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Bathrooms: -
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Floor area: 379m2
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SOPHISTICATED ELEGANCE WITH RARE CHARACTER CHARM

Step into a world where historic charm meets contemporary elegance at Ground Floor, 231 The Parade, Norwood.
This stunning, recently renovated character building is located in the vibrant inner-eastern suburb of Norwood, just 3km from the Adelaide CBD.
With a generous build area of a spacious 379 sqm, this property seamlessly combines the allure of yesteryear with the conveniences of today.
Bathed in an abundances of natural light beaming through the arched windows along the facade and atrium located in the centre of the property.
Key Features:
- Build Area: Spacious 379 sqm*
- On-Site, Rear Parking (from Wesley Lane)
- 3km from Adelaide CBD, offering excellent accessibility
- Prominent frontage along The Parade, Norwood
- Zoned: Urban Corridor (Main Street)
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Property Details for 231 The Parade, Norwood

Building Type
Commercial
Floor Size
379m2

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About Norwood 5067

The size of Norwood is approximately 2.2 square kilometres. It has 10 parks covering nearly 1.8% of total area. The population of Norwood in 2011 was 5,802 people. By 2016 the population was 5,982 showing a population growth of 3.1% in the area during that time. The predominant age group in Norwood is 20-29 years. Households in Norwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 49.8% of the homes in Norwood were owner-occupied compared with 50% in 2016.

Norwood has 4,537 properties. Over the last 5 years, Houses in Norwood have seen a 73.57% increase in median value, while Units have seen a 46.10% increase. As at 30 September 2024:

  • The median value for Houses in Norwood is $1,566,465 while the median value for Units is $686,092.
  • Houses have a median rent of $670 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 18 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Norwood.

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Fendi Klementou
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LJ Hooker Commercial Adelaide
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