SOLD
Sold on 15 Mar 2024 for $890,000

8/2-6 Margaret Street
Norwood SA 5067

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 121m2
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Property Details for 8/2-6 Margaret St, Norwood

8/2-6 Margaret St, Norwood is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 121m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Norwood in the last 12 months.

Building Type
Townhouse
Year Built
1985
Floor Size
100m2
Land Size
121m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U8/S6809

Last Listing description (March 2024)

OFFERS CLOSE Tues 30th January 2024 (USP)

Three bedroom townhouse offering all the convenience and charm that is Norwood. Spread over two levels this trendy home comprises of three spacious bedrooms all with built in robes, two of which lead to a large balcony. Downstairs features an open living area and spacious courtyard perfect for entertaining. The home sits behind secure automatic gates providing privacy and a small community feel, you forget you are only 1 minute walk from The Parade.

What we love about this home:

- Location, less than a 1 minute walk to The Parade
- Three big bedrooms all with built in robes
- Modern feel with great colour scheme
- Spacious living area and downstairs WC
- Entertainers courtyard with room to move
- Updated kitchen
- Two car parks

Take advantage of all that The Parade has to offer - cafes, restaurants, cinema and shopping. The Norwood Medical Centre is across the road and Argo Cafe is literally a stone's throw from your doorstep.

Set behind secure gates this home gives you the privacy of a home in the suburbs but the convenience of an apartment in the thick of the action. This home is sure to appeal to all audiences. An inner suburbs pad close to the city for working professionals and students studying at University. A terrific opportunity to buy into one of Adelaide's most in demand suburbs or even a savvy investor adding to their portfolio.

Specifications:
CT / 5015310
Council / Norwood Payneham & St Peters
Zoning / Residential Character (Norwood)
Built / 1985
Council Rates / $1,350 per annum
Strata Admin / $548 per quarter
Sinking Fund / $324 per quarter

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.

OUWENS CASSERLY MAKE IT HAPPEN
RLA - 275403

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Property History for 8/2-6 Margaret St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$890,000
15 Mar 2024
Listed for Rent
$450/w
28 Nov 2018
  • 15 Mar 2024
    Sold for $890,000
  • 18 Jan 2024
    Listed for Sale Not Disclosed
  • 09 Nov 2018
    Listed for Rent $450 / week
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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 4,546 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 16 properties listed for sale, and 25 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Norwood.

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