3/196 The Parade Norwood SA 5067
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ELITE NORWOOD CORNER LOCATION - VERSATILE COMMERCIAL SPACE FOR LEASE
Property Details for 3/196 The Parade, Norwood
About Norwood 5067
The size of Norwood is approximately 2.2 square kilometres. It has 10 parks covering nearly 1.8% of total area. The population of Norwood in 2016 was 5953 people. By 2021 the population was 6354 showing a population growth of 6.7% in the area during that time. The predominant age group in Norwood is 30-39 years. Households in Norwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Norwood work in a professional occupation.In 2021, 51.20% of the homes in Norwood were owner-occupied compared with 50.00% in 2016.
Norwood has 4,656 properties. Over the last 5 years, Houses in Norwood have seen a 59.22% increase in median value, while Units have seen a 76.55% increase. As at 31 October 2025:
- The median value for Houses in Norwood is $1,547,931 while the median value for Units is $849,898.
- Houses have a median rent of $670 while Units have a median rent of $610.
Suburb Insights for Norwood 5067
Market Insights
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