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Location

Market Insights for Norwood SA 5067

New Listings (last 30 days)

Average price

$895,000

Lowest price

$630,000

Highest price

$1,100,000

403/256 The Parade, Norwood SA 5067

$630k - $670k

Search Band Search Visibility Band

$600k - $650k High Confidence Calculated based on strong search observations.

Apartment 1 Bed 1 Bath 1 Car

Listed: 10 days ago

Updated: 17 hours ago

Overview

Set in the vibrant heart of Norwood, this sophisticated one-bedroom apartment offers a refined blend of contemporary style and practical living. Boasting an open-plan layout flooded with natural light, the space is thoughtfully designed to harmonize comfort with functionality.

The modern kitchen is elegantly appointed with premium Miele appliances and stone bench tops, enhanced by a clever cafe-style bifold window that seamlessly connects to the north-facing balcony, fostering an inviting atmosphere for indoor-outdoor entertaining. The spacious balcony offers expansive north and west-facing views, providing a tranquil setting to unwind or host guests.

Noteworthy features include sleek floating timber floors throughout, ducted reverse cycle air conditioning ensuring year-round comfort, secure intercom entry, and convenient lift access. Additional amenities comprise an allocated car park, a storage cage, and secure bike storage, underscoring the apartment's practical benefits.

Positioned just steps from the iconic Parade, residents enjoy immediate access to a diverse array of cafes, boutique shopping, restaurants, and essential services, complemented by the easy commute to Adelaide’s CBD. This property is ideally suited for professionals, downsizers, first-home buyers, and investors seeking a stylish, low-maintenance urban lifestyle on the city fringe.

Local Market Insights

In Norwood, Quiet Listings observed 4 new apartments entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $895,000. The property type mix of listed properties is predominantly Houses at 39%, followed by apartments (26%), and units (13%). The most active agency for apartments in the Norwood area is currently Magain Real Estate, representing 25% of new listings, followed by Ocre with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.