506/256 The Parade Norwood SA 5067
Property Details for 506/256 The Parade, Norwood
506/256 The Parade, Norwood is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Norwood in the last 12 months.
Property History for 506/256 The Parade, Norwood, SA 5067
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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 4,564 properties. Over the last 5 years, Houses in Norwood have seen a 71.20% increase in median value, while Units have seen a 50.59% increase. As at 30 November 2024:
- The median value for Houses in Norwood is $1,581,037 while the median value for Units is $684,070.
- Houses have a median rent of $658 while Units have a median rent of $618.
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