OFF MARKET

11/72 George Street
Norwood SA 5067

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 75m2
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Property Details for 11/72 George St, Norwood

11/72 George St, Norwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 75m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1972
Floor Size
65m2
Land Size
75m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U11/S1539

Last Listing description (December 2022)

**Please contact agent to arrange an inspection**

When it comes to Norwood, location is everything and this property is no exception. Enjoy upper level privacy and an open outlook whilst being located in one of the closest possible spots to the heart and soul of The Parade.

Presenting itself in mostly original condition, a world of opportunity awaits for you to put your touch on the property and make it something special. Whether your plan is to do exactly that or simply build your investment portfolio, this property ticks all the boxes and holds a fixed term lease until March 2022 at $285 per week.

Opportunities like this at such an affordable price point are far and few between, particularly in a blue chip suburb such as Norwood.

Don't let this one get away...

What you'll love:
Well-maintained grounds across the complex
Strata $445.53 per quarter
Built-in robes to both bedrooms
Undercover carport
Excellent location close to The Parade's cafes, cinemas & retail precinct
Zoned to Norwood Primary School and Norwood Morialta High School

* approximate

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

RLA 61345 RLA 282965 RLA 231015

Disclaimer:
**HELP PREVENT the spread of COVID-19. LJ Hooker Adelaide Metro have implemented extra precautions to our inspections and auctions. We respectfully ask if you are feeling unwell, have travelled overseas in the past 14 days or been in contact with a confirmed case of COVID-19 in the last 14 days, please contact our sales consultant to discuss alternative ways to view the property. If in the event that you feel unwell in the 14 days following an inspection, we request that you contact our office immediately.**

Property History for 11/72 George St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$400,000
13 Aug 2021
Listed for Rent
24 Feb 2019
  • 13 Aug 2021
    Sold for $400,000
  • 07 Jul 2021
    Listed for Sale Under Contract
  • 20 Nov 2018
    Listed for Rent $275 / week
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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 4,541 properties. Over the last 5 years, Houses in Norwood have seen a 70.76% increase in median value, while Units have seen a 57.56% increase. As at 31 October 2024:

  • The median value for Houses in Norwood is $1,546,674 while the median value for Units is $690,947.
  • Houses have a median rent of $675 while Units have a median rent of $610.
There are currently 15 properties listed for sale, and 26 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Norwood.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.