OFF MARKET

7/303 Portrush Road
Norwood SA 5067

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 141m2
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Property Details for 7/303 Portrush Rd, Norwood

7/303 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 141m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1975
Floor Size
85m2
Land Size
141m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U7/S3019

Last Listing description (November 2022)

When an opportunity arises to enter the market in prestigious Norwood, you need to grab it with both hands.

This original seventies solid brick unit located at the rear of a small group of townhouses is ready for you to add your own style and upgrade, or simply leave as is and enjoy a home only moments from the excitement of Norwood Parade. A brick paved front courtyard with established plantings affords you privacy whilst an undercover carport plus the addition of an allocated car park means parking for two vehicles, certainly a great bonus.

The flow through floor plan enjoys a separate dining area and open plan lounge, cooled and heated by a r/c split system as well as a ceiling fan. The units two bedrooms are a good size, as is the laundry. A separate WC and a kitchen with plenty of cupboards, breakfast bar and appliances is certainly original, whilst the bathroom reflects the styling of its time. Outdoor entertaining is easy with a paved rear courtyard with pergola plus a shed, with a side gate giving access to a pathway allowing for an easy stroll to the Parade.

Enjoy the cafes and boutiques, public transport and a cosmopolitan lifestyle that is envied by many. This potential plus property is ready for those wanting a Norwood home, perhaps happy to update and with strong rental demand a good start to an investment portfolio.

Close to both public and private schools, a mere 15 minutes from the CBD, I suggest you act quickly so as not to miss this fantastic opportunity.

nb: furniture images have been digitally enhanced.

Property History for 7/303 Portrush Rd, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Aug 2022
  • 16 Aug 2022
    Sold for $485,000
  • 26 Jul 2022
    Listed for Sale $450,000 - $465,000
  • 06 Sep 2017
    Sold for $330,000
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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 4,541 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 15 properties listed for sale, and 26 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 5067

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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.