Thinking about buying in Norwood? Now could not be a better time, with 1838 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $356,000 with prices in this suburb ranging from $16,000 to $2,253,000. The aproximate distance to the coast is 45 Km.
Median Weekly Rent | $310.50 |
Median Monthly Mortgage | $1454.57 |
Median Persons Per Bedroom | 0.76 |
Average Household Size | 2.29 |
Average Age | 44.57 |
Average Income | $769.29 |
Average Cars Per Dwelling | 1.87 |
Average Properties Within 50M | 9 |
1 Bed  $157,000 |
2 Bed  $260,000 |
3 Bed  $370,000 |
4 Bed  $427,000 |
5 Bed  $527,000 |
6 Bed+$470,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Norwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Norwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Norwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
18 MONTROSE AV, NORWOOD, SA, 5067 | Contact Agent | ||||
UNIT 3, 37 QUEEN ST, NORWOOD, SA, 5067 | 4 | 2 | 3 | Expression of Interest by 13 Nov 12.00pm (USP) | |
UNIT 2, 42 MARGARET ST, NORWOOD, SA, 5067 | 1 | 1 | $800,000 | ||
2-4 AUSTRAL PL, NORWOOD, SA, 5067 | 5 | 3 | 2 | $1.850M - $1.995M |
Norwood Primary School
Queechy High School
Larmenier Catholic School
Scotch Oakburn College
Punchbowl Primary School
St Leonards Primary School
Newstead Christian School
St Thomas More's Catholic School
Kings Meadows High School
The Launceston Preparatory School
(While the above schools are located with the suburb of Norwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 13.1 | 25.2 | 37.4 | 86.6 | 3.0 | 26.1 |
Feb | 1.3 | 13.1 | 24.6 | 39.3 | 85.7 | 2.9 | 23.3 |
Mar | 1.6 | 11.1 | 21.2 | 47.3 | 91.2 | 2.7 | 17.8 |
Apr | 2.0 | 10.3 | 18.2 | 51.8 | 89.4 | 2.6 | 13.2 |
May | 3.7 | 7.8 | 13.1 | 65.2 | 92 | 2.9 | 9.0 |
Jun | 4.2 | 5.8 | 10.5 | 71.6 | 94.1 | 3.1 | 8.4 |
Jul | 4.2 | 5.1 | 9.9 | 70.9 | 95.2 | 3.6 | 8.2 |
Aug | 3.9 | 5.1 | 10.5 | 66.5 | 95.1 | 3.7 | 10.4 |
Sept | 3.6 | 6.5 | 13.8 | 54.3 | 93.2 | 3.6 | 15.1 |
Oct | 2.2 | 8.0 | 17.2 | 47.3 | 90.3 | 3.2 | 20.8 |
Nov | 1.3 | 9.2 | 19.7 | 42.3 | 91.6 | 2.8 | 24.8 |
Dec | 1.1 | 11.8 | 23.6 | 36.0 | 83.7 | 2.8 | 27.4 |
source: Australian Government Bureau of Meteorology
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