OFF MARKET

8/16 Margaret Street
Norwood SA 5067

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 126m2
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Last updated 11 Nov 2024
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Property Details for 8/16 Margaret St, Norwood

8/16 Margaret 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 126m2 and floor size of 65m2.

Building Type
Unit
Year Built
1973
Floor Size
65m2
Land Size
126m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U8/S6770

Last Listing description (December 2020)

Situated in one of the most popular suburbs, this ground floor unit has charm and appeal in the heart of cosmopolitan Norwood. Just a stone's throw from the delights of the cosmopolitan Parade. Offering an exciting lifestyle, including cafes, restaurants, cinemas and fashion stores. This town home offers 2 bedrooms & 1 bathroom.

What we love about this home:

- Two Bedrooms, both with built in robes and ceiling fan to assist with air

circulation
- Polished floor boards
- Open plan lounge & dining area with large windows letting all the natural light
into this room
- Split system air conditioning to keep you cool in the summer and warm in the
winter
- Update Kitchen with plenty of cupboard space
- Stainless steel oven
- Dishwasher
- Bathroom with shower over the bath, vanity unit and toilet
- Separate laundry
- Front & rear court yard, perfect for weekend entertaining

This wonderful home is close to local schools, Norwood Primary, St Peters Collage are some of the choices that you have in the area. With walking distance to the Norwood football club, perfect if you are a Redlegs supporter. An easy ride into the city via the bikeways or use local public transport.

Bond - $2340.00
Pets - Sorry, not allowed
Lease Term - 12 months
Water Charges - Quarterly supply and water usage
Unfurnished

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If you are applying online through 1Form, please send your application through to rentals@ocrentals.com.au

OUWENS CASSERLY - MAKE IT HAPPEN
RLA: 275403/223245

Property History for 8/16 Margaret St, Norwood, SA 5067

A timeline of how this property has performed in the market
Listed for Rent
$390/w
04 Dec 2020
  • 17 Nov 2020
    Listed for Rent $390 / week
  • 30 Oct 2020
    Listed for Sale $400,000 - $420,000
  • 23 Oct 2012
    Listed for Sale $310,000 - $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 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.