45 Edward St, Norwood is a 5 bedroom, 4 bathroom House with 4 parking spaces and was built in 2021. The property has a land size of 845m2 and floor size of 516m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Elite Location, prime development opportunity!
This coveted location in the sought-after suburb of Norwood presents an outstanding opportunity for developers or renovators. The 833sqm (approx.) allotment with 3 Street frontages (Cyan Lane, Cyan Place & Edward Street) presents the perfect opportunity to build a luxurious new family home or multiple residences. Alternatively those with imagination and vision can take the existing Bungalow to the next level capitalising on the future gains in this highly regarded area (STCA).
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:
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