Alexi Broikos & Refined Eastern are enthralled to welcome you to an exciting opportunity to secure a piece of prime real estate in a highly sought after location.
A supreme development opportunity (STCC) perfectly positioned on a fabulous sized allotment totalling over 900m2. Conveniently located only moments from Norwood Shopping facilities, Norwood Primary School, Victoria Park, plus so much more. This sensational offering is sure to tick the boxes of many.
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 4,562 properties. Over the last 5 years, Houses in Norwood have seen a 80.10% increase in median value, while Units have seen a 45.37% increase. As at 31 August 2024:
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