5/317 Portrush RoadNorwood SA 5067
Property Details for 5/317 Portrush Rd, Norwood
5/317 Portrush Rd, Norwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 15m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (March 2022)
The Parade's in sight, the bus is at the door and Norwood's most solid potential is right here! In the heart of the bustle yet away from the hustle, this two bedroom one bathroom apartment with a dated 70's vibe is ready to renovate, update and transform into a cool, contemporary pad - perfect for an easy life, or ready to return a strong rental.This is the affordable, rock-solid investment you've been hoping to unearth...or the solid base entry into a bright Eastern suburbs' future that you were waiting to find!Positioned peacefully on the ground floor, the apartment opens into an entrance lobby and flows into the dining and kitchen zone, which will respond beautifully to an update. The adjacent lounge is a good size and the passageway leads to the bathroom with bath/shower, w.c. and laundry facilities. The two bedrooms enjoy natural light streaming through windows that look out to a rear garden area.There is a linen press and the allocated car park is conveniently located right by the building's front entrance. It is a leisurely dozen door stroll to the delights of the cosmopolitan Norwood Parade with its bars, baristas, cafes, restaurants, cinemas and shops; the bus stop is at the door and chic Burnside Village is just down the road. Plus, the outdoor gym of Kensington Park Reserve is a quick jog or gentle walk away, indoor and outdoor swimming pools are within a splash, and the City is just a 5 minute commute or around 15 minutes in the bus. Offering a smart start or astute investment in a proven Eastern suburbs' retail and recreation precinct, this apartment is certainly ripe for renovation and positioned to reward.Grab a latte, jump on the bus, choose your spot for dinner on the way home. There's no better place to catch up with your friends and live the life...or let a great tenant live theirs!Get in quick for this one$250,000 - $260,000OFFER FORM LINKhttps://forms.gle/vtmX8wMceABUVSgx5CT: 5069/919Council: Norwood Payneham amp; St PetersCouncil Rates: $1,050.44pa (approx)Water Rates: $140.55pq (approx)Strata Fees: : $415.00pq (approx)We welcome you to contact Andrew Welch to arrange a private viewing. Our office has implemented precautionary measures for the safety of our Vendors, you and our agents. Open inspections follow the relevant social distancing and capacity guidelines. We appreciate your patience and understanding.RLA 275279
Property History for 5/317 Portrush Rd, Norwood, SA 5067
- 28 Jun 2021Sold for $255,000
- 10 Feb 2021Listed for Sale $250,000 - $260,000
- 05 Aug 2002Sold for $95,000
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0About 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.
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