OFF MARKET

127 The Parade
Norwood SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 440m2
Land area: 536m2
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Property Details for 127 The Parade, Norwood

Building Type
Commercial
Year Built
1900
Floor Size
440m2
Land Size
536m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A5/F149553

Last Listing description (February 2022)

* Superbly presented building in tightly held precinct
* Site area of approx 535 sqm
* Internal area of approx 435 sqm

* Valuable frontage of 11.37 sqm to The Parade
* Recent refurbishment with further scope to add value

Property History for 127 The Parade, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$4,015,000
27 Apr 2021
Listed for Rent
$2.88k/w
22 Feb 2021
  • 27 Apr 2021
    Sold for $4,015,000
  • 02 Nov 2020
    Listed for Rent - Price not available
  • 10 Jun 2016
    Sold for $2,900,000
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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 4,565 properties. Over the last 5 years, Houses in Norwood have seen a 63.26% increase in median value, while Units have seen a 67.31% increase. As at 31 December 2024:

  • The median value for Houses in Norwood is $1,582,271 while the median value for Units is $756,775.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 8 properties listed for sale, and 28 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 176 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.