3/86 George StreetNorwood SA 5067
Property Details for 3/86 George St, Norwood
3/86 George St, Norwood is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1978. The property has a land size of 89m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Townhouse sold in Norwood in the last 12 months.
Last Listing description (June 2025)
Auction Location: On Site. Sunday 4th of May at 12:00pm.
Discover an exceptional investment opportunity in George Street, Norwood. Cleverly positioned in the heart of one of Adelaide's most lively suburbs. This meticulously maintained two-bedroom townhouse effortlessly marries classic 70s architectural charm with contemporary convenience, presenting a premier option for astute investors seeking high rental yields and promising capital growth or a great option for the savvy owner / occupier who wants their own peaceful inner city retreat.
Norwood's vibrant atmosphere offers an unmatched urban lifestyle, with eclectic cafes, renowned restaurants, stylish pubs, and boutique shopping just steps away. Its prime location, minutes from Adelaide CBD, makes it a magnet for professionals and young families, both delighted by its well-regarded school zoning and seamless public transport links.
This townhouse's appeal begins with two spacious bedrooms with the main bedroom capture cityscape glimpses. Both bedrooms feature built-in wardrobes, serviced by a modern bathroom that promises style and practicality with both a bath and separate shower. The open-plan ground floor is ideal for modern living, boasting a spacious dining and lounge area that flows into a "light and bright" kitchen complete wth gas cooking and plenty of storage options.
The property's air conditioning unit ensure year-round comfort, complementing the low-maintenance appeal of the private rear garden. This outdoor space is perfect for those who appreciate alfresco living but desire minimal property upkeep, adding significant appeal.
Investors will take note of the strategic advantage of a 'move-in ready' dwelling, complete with a single carport, reducing tenant turnover and void periods. The layout efficiently maximizes space and functionality, appealing to a broad tenant base.
Norwood's unique blend of suburban serenity and urban excitement, coupled with the property's investment-friendly attributes, make this rare find upon George Street a quintessential addition to a discerning investor's portfolio. Its location, alongside the increasing desirability of Norwood, ensures robust and sustained capital growth potential, setting it apart as a truly worthwhile investment. Secure this opportunity to capitalise on Norwood's thriving market, and watch your investment flourish.
Property History for 3/86 George St, Norwood, SA 5067
- 03 Jun 2025Sold for $778,000
- 10 Apr 2025Listed for Sale Sold at Auction
- 15 Sep 2021Listed for Rent $378 / week
Recent sales nearby
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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.
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