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SA › Norwood › Prosser Ave

31 Prosser Ave, Norwood SA 5067

House

$2,300,000

Last sold

1 Feb 2025

4

Bedrooms

2

Bathrooms

2

Car spaces

562 m²

Land

310.68 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 $2,300,000 (1 Feb 2025).(Recorded sale)
  • CalculationRecorded House sales in Norwood (last 5 years) with land size: median $4,913/m² of land (n=20). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$2,300,000

1 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Norwood (last 5 years) with land size have a median of $4,913/m² of land (n=20). 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.

See the full Norwood report →

Vs Norwood

+77.9%

Median sale

Suburb $1,292,500

-1.04 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$2,300,0001 Feb 2025
  2. Listedprice unknowncompleted6 Jan 2025

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Prosser Ave →

Listing material

Listed by Harris Real Estate Kent Town

Architecturally Renovated & Extended Character Villa Captures Eastside Living at its Best!

Just footsteps from The Parade and a bee-line to Adelaide CBD by way of car, bus, bike or brisk walk, 31 Prosser Avenue is an immaculately transformed c1910 Sandstone Villa flourishing from start to finish with a stunning architectural extension of light-spilling brilliance and open-plan elegance.

Epitomising the sought-after essence of character-turned-modern marvel, seamlessly settle into sophisticated living that's both understated and unrivalled in its ability to showcase effortless entertaining. With natural light cascading across herringbone floors combined with towering glass stacking sliders that let guests tiptoe from the living and dining to the fresh air alfresco, lush sunbathed lawn and solar-heated swimming pool beyond – finessing friends, hosting weekend winners or simply savouring daily home life with loved ones are all high on the agenda here.

A sparkling gourmet kitchen crowns and completes the neutral colour palette of this warm yet no-less minimally designed haven. Sweeping stone bench tops and island invite conversation and casual eats, banks of crisp cabinetry, as well as butler's pantry provide ample storage and stress-free stocking, while premium appliances and integrated fridge/freezer finish this flawless interior.

Read the full description

Masterfully retaining its 4-bedroom footprint behind a picturesque sandstone frontage, ornate soaring ceilings and central arched hallway capture a classic entry of breathtaking beauty. Find lofty bedrooms with plush carpets, formal lounge with feature gas fireplace, along with a luxe main bathroom, storage-packed laundry, and stellar mudroom/side entry, while heads of the household will rejoice with their sectioned off master suite with poolside views, large his and hers walk-in wardrobe, and light-filled designer ensuite.

Stepping away from such character luxury may be a tall order but with the very best of the Eastside sitting at your fingertips, from cafés, restaurants, bars and boutiques, to a list of highly regarded public and private schools, and the city itself moments from your front door… the opportunity to claim this coveted Villa should be at the absolute top of your list!

Features you'll love:

- C1910 Sandstone Villa flawlessly renovated and extended

- Lofty 3-bedroom frontage with plush carpets and plantation shutters, two with BIRs

- Decadent master bedroom

- Lovely formal lounge with feature gas fireplace

- Light-filled open-plan living, dining and gleaming chef's zone combining for elegant entertaining hub

- Crisp cabinetry and contrast timber panelling, stone bench tops and butler's pantry with Vintec wine fridge, dual Smeg ovens, seamless dishwasher and integrated Fisher & Paykel fridge/freezer

- Stunning dining pendants and in-built bench seating, as well as feature gas fireplace for cosy winter nights

- Sliding glass stacking doors creating a seamless flow to the chic all-weather alfresco featuring in-built barbeque, stone benches and bar fridges

- Sunbathed kid and pet-friendly lawns, high private hedging, and solar-heated swimming pool

- Bright and airy main bathroom with free-standing bath, dual vanities and stone bench tops, and full-height kit-kat tiling

- Family laundry with ample storage and hanging rail, ducted AC throughout, and 12.3kw solar system

- Charming character frontage with return verandah, secure keycode entry and manicured established gardens

Location highlights:

- Incredible cosmopolitan lifestyle with cafés and restaurants dotted along Magill Road or stroll to The Parade for unrivalled social and shopping options, boutiques and weekend entertainment

- A stone's throw to Norwood Primary and zoned for Marryatville High, while Pembroke, Loreto, Prince Alfred College and St Peter's invite elite private options

- Moments to iconic parks, playgrounds and reserves inviting plenty of outdoor adventure

- A 6-minute cruise to Adelaide's vibrant East End putting you in the box seat for the city's endless festivals and sporting calendar

Specifications:

CT / 5883/437

Council / Norwood Payneham & St Peters

Zoning /EN

Built / 1910

Land / 562m2 (approx)

Frontage / 14.02m

Council Rates / $2,400pa

Emergency Services Levy / $400pa

SA Water / $394pq

Estimated rental assessment/$1150-1250/Written rental assessment provided upon request

Nearby Schools / Norwwod P.S, Marraytville H.S

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 2264

Listing description written by Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.

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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.