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
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:
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