OFF MARKET

2/116 George Street
Norwood SA 5067

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 140m2
Land area: 20m2
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Property Details for 2/116 George St, Norwood

2/116 George St, Norwood is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 20m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Year Built
1925
Floor Size
140m2
Land Size
20m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S6377

Last Listing description (August 2012)

Positioned in a group of three only, this 1925 gentleman's bungalow has been converted to three apartments and what a unique and affordable offering available in the heart of Norwood.

Character filled with rich polished jarrah floors, exquisite ceilings, open fireplaces, lofty ceilings plus exceptionally spacious rooms that you would expect in a home of this era. . A versatile floorplan with a compact meals/ kitchen area (complete with scullery), updated bathroom, family room, three generous sized bedrooms or alternatively the front elegant bedroom could be utilised as another living area or alternatively a home office.

Additional features include a front verandah screened by lots of well established trees or perhaps you prefer to potter about or read a good book in the north facing rear yard, plus there is also off- street lock-up carparking for your vehicle.

There is a wonderful opportunity to purchase a deceptively spacious apartment where you can further enhance if you choose or simply just move in and enjoy. A great first home, investment or a place for your children to live in whilst they may be studying at Uni.

Located close to transport, shopping and walking distance to an array of cafes and shops either at Kensington Rd or the Parade.

Not often do apartments of this style and location become available- they are very sought after but seldom found.

Property History for 2/116 George St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$430,000
30 Aug 2012
  • 30 Aug 2012
    Sold for $430,000
  • 03 Jul 2012
    Listed for Sale $420,000 - $450,000

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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 4,541 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 13 properties listed for sale, and 27 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 5067

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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.