OFF MARKET

8/128 Osmond Terrace
Norwood SA 5067

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 72m2
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Last updated 11 Nov 2024
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Property Details for 8/128 Osmond Tce, Norwood

8/128 Osmond Tce, Norwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 72m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1968
Floor Size
67m2
Land Size
72m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U8/S2242

Last Listing description (May 2021)

Set in the heart of Norwood overlooking the manicured streetscape of Osmond Terrace. Ideal for first home buyers, investors, downsizers or country folk wanting to secure a weekender close to the city.

Upon entering the home you immediately notice the natural light filtering through the original sash windows and French doors. The real highlight to this apartment is French doors that lead out to the private balcony overlooking picturesque Osmond Tce which is the perfect spot for a morning cuppa or a glass of wine at the end the day.

Features include...

- Two sizable bedrooms with neutral tones, built in robes and carpet
- Updated kitchen with ample bench space, o/h cupboards, freestanding stove and easy care laminate flooring
- Air-conditioned open plan living/dining space with a handy ceiling fan allowing the breeze to freely circulate throughout the home
- Modernised bathroom with a screened corner shower, floor to ceiling tiles, basin, mirror on the wall, toilet and incorporated laundry facilities
- Off street undercover parking for one vehicle
- Current rental lease expires in July 2021
- Sale price includes extensive rental furniture
- Rental Occupancy Rate of 96% (since 2002)
- Well maintained complex with only 8 units.

The locale just doesn't get any better than this! Within walking distance to cosmopolitan Norwood Parade; there is a convenient bus stop at your doorstep and a 25 minute stroll into the city.

This property offers you a lifestyle as well as a home.

Contact Monica Furniss to register your interest and arrange an inspection on 0428 880 314.

Property History for 8/128 Osmond Tce, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$382,000
04 May 2021
Listed for Rent
$355/w
30 Oct 2018
  • 04 May 2021
    Sold for $382,000
  • 17 Oct 2018
    Listed for Rent $355 / week
  • 23 Aug 2018
    Listed for Sale Contact Agent
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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.

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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.