OFF MARKET

2/42 Margaret Street
Norwood SA 5067

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 125m2
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Last updated 11 Nov 2024
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Property Details for 2/42 Margaret St, Norwood

2/42 Margaret St, Norwood is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 125m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1900
Floor Size
59m2
Land Size
125m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S7967

Last Listing description (February 2024)

Here is your opportunity to secure a cottage-style maisonette, located close to the city centre, with everything at your doorstep and only a short walk to the cosmopolitan vibe of the Parade.

Upon entering the property, you will immediately appreciate the character charm and the generous living area which follows through to the kitchen. The easy-care-style kitchen features ample storage and appliances which include a gas oven and bench with plenty of room to prepare dinner.

The main bedroom features a built-in wardrobe providing ample storage facilities and accommodates room for a home office or study nook ideal for professional couples or singles. The main bathroom has also the essentials including a built-in washer and dryer for extra convenience.

If you love to entertain with your friends or prefer to have a private yard with all-weather entertaining? well, this one in Margaret Street well sure to impress the modern-day couple or busy professional. This is positioned conveniently close to public transport and where you can enjoy a cosmopolitan city living on your doorstep, whilst feeling like you are living in the country.

The property is available to be furnished, subject to tenancy approval and furniture schedule which can be provided on request. Please contact us for a suitable viewing time.

LEASE TERM: 12 Months
AVAILABLE FROM: 26/02/2024
WATER CHARGES: Tenant to pay for water use and supply
PET POLICY: Negotiable
RLA 275886

As a part of our service to you, any successful applicant will be contacted by our partners at Harcourts Connect who provide Free Obligation utility connection services.

Property History for 2/42 Margaret St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$465,000
14 Jan 2020
Listed for Rent
$480/w
21 Jul 2023
  • 31 Jan 2024
    Listed for Rent $510 / week
  • 27 Jun 2023
    Listed for Rent $480 / week
  • 14 Jan 2020
    Sold for $465,000

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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.

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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.