OFF MARKET

507/256 The Parade
Norwood SA 5067

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 98m2
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Property Details for 507/256 The Parade, Norwood

507/256 The Parade, Norwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 98m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2018
Floor Size
81m2
Land Size
98m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F507/C41725

Last Listing description (May 2022)

Phone to arrange your private inspection.

Introducing this 2 bedroom apartment in Norwood's tightly held and ever popular Nuova Complex. With contemporary design philosophy at heart, Pruszinski Architects have created the ideal lifestyle in this perfect lock and leave property.

A smart floorplan consists of 2 bedrooms, (each with walk-in robe and ensuite), and open plan kitchen/living, all flowing onto the alfresco balcony overlooking east of The Parade and sensational hills outlook.


Further features of the property include:
- Designer kitchen with stone bench tops
- Quality Miele appliances including gas cooktop, electric oven and dishwasher
- Reverse cycle air-conditioning and heating
- Secure car parking undercover
- Floating timber floors and carpeted bedrooms
- Stone tops to bathroom vanities
- Instantaneous gas hot water system
- Breeze walkway common areas allowing natural light and air between apartments
- Currently tenanted until August 2022, however possibility of early termination for vacant possession

Location Location.. This property has not only been designed with lifestyle and convenience in mind, however is also nestled in an area where convenience is of the utmost importance. Cafe culture, fine wine, and some of Adelaide's best restaurants are all at your doorstep, along with fashion boutiques, shopping centres, Hoyts Cinema, doctors surgeries, and the list goes on. Public transport awaits just outside the complex taking you on a short trip into the city. Zoned to Norwood Morialta High School and Marryatville Primary. Simply move in and start living!!

Council Rates | $409 pq
SA Water | $252.31 pq
Strata (Community Corp) | $1194 pq

Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you.

All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 507/256 The Parade, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$711,000
20 May 2022
Listed for Rent
$500/w
26 Aug 2020
  • 20 May 2022
    Sold for $711,000
  • 16 Mar 2022
    Listed for Sale UNDER CONTRACT
  • 22 Jun 2020
    Listed for Rent $500 / week
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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 4,541 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.
There are currently 13 properties listed for sale, and 27 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Norwood.

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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.