SOLD
RECENT ADVICE
Sold on 16 Dec 2023 for $1,300,000

40 Sheldon Street
Norwood SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 491m2
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Property Details for 40 Sheldon St, Norwood

Building Type
Land
Land Size
491m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A12/F100151

Last Listing description (December 2023)

Bring your vision for contemporary living to this fantastic address, with Norwood Oval and The Parade at your doorstep, this perfectly positioned allotment in the centre of Norwood offers rare exciting opportunity for someone looking to build their luxury dream home (subject to all necessary consents).

Nothing else to prepare, just bring your builder and start building.

Superbly positioned, walk to the cosmopolitan Parade and Magill Road for boutique shopping, cafes and restaurants; plus numerous sought-after schools and public transport options including easy access to the CBD and Adelaide Hill. Zoned for Norwood Primary and Marryatville High.

Specifications
CT 5090/310
Zoning: Established Neighbourhood
Council: City of Norwood Payneham and St Peters
Council Rate: $ pa
Water Rate (Supply + Sewer): $ pq
ES Levy: $ pa

Property History for 40 Sheldon St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$1,300,000
16 Dec 2023
  • 17 Jan 2024
    Sold for $1,300,000
  • 05 Dec 2023
    Listed for Sale $1,350,000
  • 09 Aug 2018
    Listed for Sale From 1.8M
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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 4,546 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 16 properties listed for sale, and 25 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 5067

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Tim Thredgold
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Megan Thredgold
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Alexander Real Estate
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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.