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.
$980,000–$1,050,000
For sale
Asking range
2
Bedrooms
2
Bathrooms
2
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
$980,000–$1,050,000
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
-24.2%
Median sale
Suburb $1,292,500
+0.76 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.
$61,548 on top of the price (6.3% 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 3.1%. 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 LJ Hooker Adelaide MetroPositioned within the boutique Nuova Apartments, this luxurious two bedroom residence combines contemporary elegance with one of Norwood's most sought after addresses. Built in 2018, this sophisticated apartment presents an outstanding opportunity for first home buyers, investors, downsizers or professional couples seeking premium, low maintenance living on Adelaide's iconic Parade.
Designed with style and functionality in mind, the open plan kitchen, living and dining area is bathed in natural light thanks to large windows that frame a priceless outlook across Adelaide's colourful south-eastern hills. The living space extends effortlessly onto a generous balcony, creating the perfect setting for entertaining guests or enjoying warm Adelaide evenings.
The designer kitchen is beautifully appointed with waterfall marble benchtops, a double sink, semi-integrated dishwasher, gas cooktop and ample storage, delivering the perfect balance of luxury and practicality.
Accommodation comprises two generously sized bedrooms. The impressive master suite features a walk-in robe and a luxurious ensuite complete with marble benchtops, dual vanities and floor to ceiling tiling, while the second bedroom offers a large built-in robe and easy access to the stylish main bathroom.
What you'll love;
- Generous open plan living and dining room
- Marble benchtops
- Floating timber flooring
- Expansive private balcony with stunning views
- Ducted reverse cycle air conditioning
- Located on the fourth floor
- Secure building entry
- Private undercover carpark and storage cage
- Central Norwood location
Location is everything, and this address places you in the very heart of Norwood's vibrant lifestyle precinct. Step outside and enjoy an endless selection of award-winning restaurants, cafés, boutique shopping, specialty stores and entertainment, all while being just moments from the Adelaide CBD.
Currently tenanted until 16 February 2027 at $775 per week, the apartment also presents an exceptional investment opportunity with immediate rental income and long term security.
Offering sophisticated interiors, breathtaking hills views and an unbeatable location, this is a rare opportunity to secure a premium apartment in one of Adelaide's most desirable lifestyle destinations.
Purchasing this property as an investment? Talk with Kirsty Clark from our PM team and see why our Property Management department is #1 amongst all the LJ Hooker offices Worldwide.
** 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 advice.
RLA 61345 RLA 282965 RLA 231015
Listing description written by Julian Rullo, LJ Hooker Adelaide Metro — reproduced as published, not verified by Districts.
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