26/238 The Parade

Norwood SA 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 4,562 properties. Over the last 5 years, Houses in Norwood have seen a 80.10% increase in median value, while Units have seen a 45.37% increase. As at 31 August 2024:

• The median value for Houses in Norwood is $1,607,720 while the median value for Units is $690,214.
• Houses have a median rent of $650 while Units have a median rent of $598.