5/40 George Street, Norwood, SA 5067 | Property Value & History | OnTheHouse
OFF MARKET

5/40 George Street
Norwood SA 5067

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 157m2
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Property Details for 5/40 George St, Norwood

5/40 George St, Norwood is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1978. The property has a land size of 157m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Townhouse
Year Built
1978
Floor Size
100m2
Land Size
157m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U5/S4551

Last Listing description (June 2021)

SOLD BY JOSH EDGAR 0433 233 466

Location & Scope to Capitalise In The Heart Of Norwood

Located just a stone's throw to The Parade, this property provides an ideal opportunity for the astute first home owner, investor or downsizer to capitalise in the heart of cosmopolitan Norwood in this solid abode.

As you enter through the private paved front courtyard, you are greeted with an array of lush plants and trees that lead you directly to the front door. Inside, the home features raised ceilings, carpeted flooring, Fujitsu reverse cycle split system air conditioner and delightful light filled floor to ceiling windows.

Ideal for entertaining, the kitchen is set between the lounge and opens through the breakfast bar and servery to the dining room. Offering a walk-in pantry, dishwasher, electric cook top, oven, double bowl sink and tiled splash back, this space is large and functional. The raised dining room is a perfect space to share meals with your family and friend and opens to the rear courtyard where further improvement (STCC) would make this area an even better place to entertain.

A second toilet and laundry is set to the right of the dining room making accommodating for guests simple and convenient.

Welcome the weekend sun from the rear East facing large paved private courtyard that contains an abundance of plants and creepers. With a retractable clothesline and large downstairs laundry, practical lifestyle options are reflected throughout this property.

Upstairs is accessed by a polished wooden staircase and features two double bedrooms with built in robes, ceiling fans and large windows; the master bedroom also features an air conditioner.

The main bathroom with recent updates features a shower, bath tub, vanity and WC whilst the hallway offers ample storage in the large linen press.

With parking often hard to find in the busy streets of Norwood, this townhouse offers off-street parking for two vehicles with one undercover.

Be prepared to be spoilt for choice as you enjoy the bountiful amounts of cafes and restaurants after you have extensive explored the shopping opportunities that The Parade has to offer. Represented in this townhouse is the idyllic lifestyle you have been searching for as the perfect balance of privacy and practicality perfectly complements the cosmopolitan strip that is The Parade, Norwood.

CT / 5023/451
Year built / 1978
Equivalent Building Area / 90sqm
Council Rates / $996.12
Water & Sewer / $173.80
ESL / $243.90
Strata Title / Admin & Sinking Fund / $530pq
Council / Norwood, Payneham, St. Peters
Zoning / RC (Nwd)

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Speak to TURNER Property Management about managing this property
#turntoturner

Josh Edgar 0433 233 466

Property History for 5/40 George St, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$505,000
11 Jan 2018
Listed for Rent
$390/w
23 Mar 2020
  • 05 Mar 2020
    Listed for Rent - Price not available
  • 06 Dec 2018
    Listed for Rent - Price not available
  • 17 Jan 2018
    Listed for Rent $385 / week
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About Norwood 5067

The size of Norwood is approximately 2.2 square kilometres. There are 10 parks, covering nearly 1.8% of the 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 4,753 properties. Over the last 5 years, Houses in Norwood have seen a 42.12% increase in median value, while Units have seen a 68.46% increase. As at 31 July 2026:

  • The median value for Houses in Norwood is $1,678,007 while the median value for Units is $884,805.
  • Houses have a median rent of $743 while Units have a median rent of $600.
There are currently 19 properties listed for sale, and 19 properties listed for rent in Norwood on OnTheHouse. According to Cotality's data, 270 properties were sold in the past 12 months in Norwood.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.