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SA › Norwood › Vernon St

15 Vernon St, Norwood SA 5067

House

$880,000

Last sold

1 May 2026

2

Bedrooms

1

Bathrooms

0

Car spaces

99 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $880,000 (1 May 2026).(Recorded sale)

What could make it worth more?

  • FactZoned Established Neighbourhood (EN) under the Planning and Design Code.(Location SA · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$880,000

1 May 2026 · derived via latest_sale

Norwood at a glance

7,572

People

$1,292,500

Median sale

$590/wk

Median rent

2.37%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Norwood report →

Vs Norwood

-31.9%

Median sale

Suburb $1,292,500

+1.12 pp

Gross yield

Suburb 2.37%

Suburb median $1,292,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Planning and Design Code

Zone

Established Neighbourhood

EN

Jurisdiction

Norwood Payneham and St Peters

Norwood Payneham and St Peters, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1503371107

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$880,0001 May 2026
  2. Listedprice unknowncompleted13 Apr 2026
  3. Listedprice unknowncompleted13 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Confidence: low

Zoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 138 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $590/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 138 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Norwood in one glance

Norwood at a glance

7,572

People

$1,292,500

Median sale

$590/wk

Median rent

2.37%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Norwood report →

Keep researching

  • Why Norwood? Read the area thesis →
  • What else is on the market in Norwood →
  • Other records on Vernon St →

Listing material

Listed by OC

Open the Door to Timeless Cottage Charm on the Doorstep of the Parade

Offers Close Mon, 11th May - 5pm (USP)

It doesn't get much more appealing than this classic bluestone cottage right in the vibrant heart of Norwood. One of three owner managed Strata-Titled homes, with no external Strata management fees aside from annual shared insurance.

Beyond the traditional bullnose veranda and wrought-iron details, you'll find an impeccably updated interior that practically demands you drop your bags and head straight out to The Parade.

Read the full description

Perfectly suited for young professionals or those seeking an entry-level premium foothold, the 74m² internal footprint makes maximum use of its space. Floating timber-look floors and high ceilings flow through the central living area into a modernised kitchen, seamlessly connecting to a raised timber deck designed for summer entertaining.

Currently returning $585 per week with a secure tenancy in place until June 2026, it's a brilliant, set-and-forget addition to any investment portfolio, or a smart way to secure your future Norwood home today while enjoying guaranteed income in the meantime.

Open the Door To:

- A classic stone facade with heritage lacework and a welcoming front porch

- 2 well-proportioned bedrooms, one with BIR and both featuring ceiling fans and plantation shutters

- A light-filled living and dining zone featuring reverse-cycle air conditioning

- An updated kitchen boasting a 5-burner gas cooker, subway tile splashback, and a double-door pantry

- A highly functional bathroom with a separate bathtub and shower

- A dedicated rear laundry room, keeping the wet areas perfectly separated

- A generous 5.34m x 3.36m rear deck overlooking a private, blank-canvas backyard

- Pet friendly with dog door and fenced rear yard

- Highly valuable side access to the rear yard

- Norwood Primary and Marryatvile High School zoning

Close the Door On:

- Long commutes to the CBD. You are just minutes away

- Endless weekend DIY projects. The hard work has already been done

- Cramped entertaining spaces. Your rear deck is built for hosting

This property offers a brilliant blend of historical charm and lock-and-leave convenience in one of Adelaide's most sought-after postcodes. It's time to secure your slice of Norwood and start living the lifestyle you've been waiting for.

CT Reference - 5018/823

Council - Norwood, Payneham & St Peters

Zone - EN - Established Neighbourhood

Council Rates - $1,430.48 per year

SA Water Rates - Not Declared

Emergency Services Levy - $141.65 per year

Admin Fund - $1,368.86 per year

Year Built - 1890

Total Build area - 99m² approx.

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 as they see fit.

Listing description written by Mark Bressington, OC — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.