SOLD
Sold on 28 Aug 2024 for $460,000

7/22 Charles Street
Norwood SA 5067

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 13m2
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Property Details for 7/22 Charles St, Norwood

7/22 Charles St, Norwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 13m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Norwood in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
64m2
Land Size
13m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U7/S6568

Last Listing description (August 2024)

Cosmopolitan living in the heart of Norwood!
This incredibly private apartment makes for an ideal investment or perfect entry into the market. Situated on the upper level, the property enjoys views over the city skyline and is screened by established trees; the ideal setting to enjoy your large private balcony.

Offering two double bedrooms, with ample storge, updated kitchen, generous bathroom/laundry and spacious living room. This gem would respond well to refurbishment.

Undoubtedly one of the finest aspects of this home is its location. You need only walk next door to enjoy some of Norwood's famous hospitality and world class coffee. Surrounded by an abundance of cafes, fine and casual dining, boutique shopping, entertainment, and all things cosmopolitan. This chic unit provides a lifestyle as much as it does a home.

Strolling distance to Norwood Parade, Adelaide's East End, Bus Stops and endless shopping,

Features:
- Sold brick construction
- Two double bedrooms both built in cupboards
- Timber kitchen with new gas cooker and lots of storage
- Spacious bathroom / laundry
- Generous living room /dining with split system air conditioner
- Large private balcony with city skyline views
- Private carport
- Secure entry and electric gates
- Zoned to Norwood Primary School and Marryatville High School
- Currently rented at $352.50 per week with NO fixed ending date ( Periodic Tenancy Agreement)
notice can be given to the tenant to vacate.
Built in 1973

Rates :
City of Norwood, Payneham & St Peters Council $1303.18 per annum
Emergency Services Levy $185.60 per annum
SA Water Supply Charges $165.55 per quarter
Strata Admin fund $722 plus $121 Sinking fund per quarter

Property History for 7/22 Charles St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$460,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $460,000
  • 29 May 2024
    Listed for Sale $440-$480 k
  • 12 Dec 2000
    Sold for $93,000
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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 4,562 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:

  • The median value for Houses in Norwood is $1,607,720 while the median value for Units is $690,214.
  • Houses have a median rent of $650 while Units have a median rent of $598.
There are currently 14 properties listed for sale, and 19 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 219 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.