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.
$590,000–$629,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$590,000–$629,000
Asking range
No recorded sale for this property.
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.
Vs Norwood
-54.4%
Median sale
Suburb $1,292,500
+2.83 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.
Based on the low end of the asking range, not a contract price.
$36,003 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Norwood's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 5.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Realestate Management Company Realestate Management CompanyIf you've been searching for an affordable entry point into one of Adelaide's most desirable eastern suburbs, this beautifully appointed apartment presents an outstanding opportunity to secure a stylish, low-maintenance lifestyle in the heart of Norwood.
Perfectly positioned within easy reach of The Parade lifestyle precinct, enjoy an enviable selection of cafés, restaurants, boutique shopping, and everyday conveniences right at your doorstep, while coming home to a private and contemporary residence designed for effortless living.
Currently leased and providing an immediate investment opportunity, this apartment is ideal for investors seeking a quality asset in a tightly held location, with the added benefit of an existing tenancy.
Offering the perfect balance of comfort, quality, and convenience, this spacious apartment features a sleek kitchen complete with premium Miele appliances, gas cooking, dishwasher, and quality stone benchtops. The open-plan living area seamlessly connects to your private undercover balcony through café-style bifold windows, creating the ideal space to entertain or unwind while enjoying the leafy outlook.
The generous bedroom includes built-in robes and a stylish ensuite, while additional features including ducted air conditioning, quality timber flooring, built-in cabinetry to living area, and ample storage provide comfort and practicality year-round.
Key Features:
• Spacious 1 bedroom apartment in a highly desirable Norwood location
• Modern kitchen with Miele appliances, gas cooking & stone benchtops
• Café-style bifold windows opening to private undercover balcony
• Ducted air conditioning throughout
• Ensuite bathroom plus second w/c
• Quality timber flooring & plush bedroom carpet
• Built-in cabinetry and additional storage
• Secure underground car parking for one vehicle
• Private storage cage
• Intercom access
• Walking distance to The Parade lifestyle precinct
Whether you're a first-home buyer, downsizer, or investor seeking a quality asset in a tightly held location, this apartment offers an outstanding opportunity to enjoy the best of Norwood living
CT Reference/ Volume 6222 Folio 778
Council/ Norwood, Payneham & St Peters
Zoning/ UC (MS)- Urban Corridor (Main Street)
Year Built/ 2018
Council Rates/ $1,425.90 per annum
Strata Admin Fund/ $1150.00 per quarter
Strata Sinking Fund/ $76.00 per quarter
Lease Expiring/ 23rd April, 2027
RLA 158869
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.
Listing description written by Elinore Rositano, Realestate Management Company Realestate Management Company — reproduced as published, not verified by Districts.
Also look at