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.
SA › Norwood › Theresa St
2
Bedrooms
1
Bathrooms
1
Car spaces
177 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Norwood (last 5 years) with land size have a median of $4,647/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
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.
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.
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
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Ray White BurnsideSettle in the 5067 with a positively charming torrens title character two-bedroom cottage tucked in the no-through streets of Norwood, seconds to the cafes, dining and shopping of The Parade. Beautifully established and exceptionally renovated behind its classic red brick façade, this low-fuss, high return home and location put you on the doorstep of Adelaide's East End from tree-lined Theresa Street.
Positioned among a row of character cottages and homes, come home to a north-facing verandah, set behind brush fencing secure fencing that encourages you to enjoy your home base from front to back. Stepping indoors, find a contemporary lounge, fabulous kitchen and dedicated dining, all enjoying a facelift with engineered timber floors, new lighting, a fresh colour scheme and an open plan style.
White and bright at their centre, the sparkling kitchen offers an abundance of cabinetry and bench space, stainless steel appliances, a tiled splashback and breakfast bar, ensuring easy entertaining and everyday living. Dining is defined under pendant lighting, overlooking a private courtyard/patio that draws the outdoors in for a relaxed vibe.
The sleeping quarters on offer consist of two newly carpeted bedrooms, the larger with built-in robes, shaping very comfortable modern retreats. An impressive modern bathroom tiled from floor-to-ceiling in white boasts a striking fluted wall-hung vanity and matching shower screen to the walk-in shower (with shelf), choice fixtures and a grounding neutral floor tile with an amazing Velux Skylight including remote controlled open and close.
To the rear, alfresco living is yours under the paved pergola, calling out for weekend entertaining or a quick dinner before biking or walking into the Adelaide Fringe. With secure rear access off-street parking sealing the deal, the picture is complete. Plus, brilliant access to shopping, dining, cinemas, private schools, and the expansive eastern parklands, not to mention the CBD, this winning location is as much an investment in your lifestyle as it is a strategic addition to the portfolio on the tightly held eastern city fringe in Norwood.
FEATURES WE LOVE
• Beautifully updated living spaces with engineered timber floors, new lighting and fresh paintwork
• Contemporary kitchen with stainless steel appliances, generous storage within abundant cabinetry and plenty of bench space
• Dedicated dining space with adjacent patio
• Two refreshed carpeted bedrooms with plantation shutters, the larger with built-in robes and ceiling fan
• Bright white tiled main bathroom including Velux Skylight with remote control open and close
• Split-system climate control to living
• Space-saving European laundry
• Rear brick-paved entertainers' alfresco overlooking tidy lawn and garden bed
• Rear access secure carport behind roller door and easy off-street parking out the front
• Picture-perfect cottage façade with exceptional internal updates for contemporary living in blue chip location with wide appeal for the investor, first home buyer, family or entertainer
• Alarm system for added security
LOCATION
• Beautifully placed to enjoy the best of Norwood's Parade, with Norwood Oval, Africola Canteen and 400 Gradi all around the corner, and seemingly endless boutique shopping, dining and entertainment lining the street
• Zoned to Marryatville High and Norwood Primary, walking distance to Prince Alfred College, St Peter's College, Wilderness School and Pembroke School and within the catchment area for Agnes Goode Kindergarten Inc
• Close to easy everyday shopping at Norwood Foodland and Coles, also Norwood Green that include East End Cellars, Frankly Bagel and Aldi
• Just over 1.7km to Rundle Street via for an easy commute and easy regular access to the CBD through Rymill Park and the eastern parklands
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | NORWOOD PAYNEHAM & ST PETERS
Zone | EN - Established Neighbourhood
Land | 177sqm(Approx.)
House | 150sqm(Approx.)
Built | 1981
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Nick Griguol, Ray White Burnside — reproduced as published, not verified by Districts.
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