Norwood
Property profile for Norwood, Adelaide. Median prices and property calculators.
Median Prices
Median House Price
$1,200,000
Approximate median for Norwood, Adelaide
Median Unit Price
$480,000
Approximate median for Norwood, Adelaide
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Estimated Stamp Duty
$58,000
On median house price of $1,200,000
Estimated Monthly Mortgage
$5,880
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$240,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Norwood
Norwood is one of Adelaide's most desirable inner-eastern suburbs, located approximately three kilometres from the CBD. The suburb is centred around The Parade, widely regarded as one of Adelaide's finest shopping and dining strips, featuring a curated mix of fashion boutiques, homewares stores, specialty food shops, cafés, and restaurants that give the area a distinctly European village atmosphere. Property in Norwood includes some of Adelaide's finest heritage homes, from grand bluestone villas and symmetrical cottages to ornate Victorian mansions, many beautifully restored with period details intact. Modern townhouses and boutique apartment developments provide alternatives for those seeking low-maintenance living. The Norwood Oval, home of the Norwood Redlegs football club, is a community focal point, while local parks including Norwood Green provide intimate green spaces. Transport includes frequent bus services along The Parade and Magill Road to the CBD, and cycling infrastructure along Magill Road and the Parade. The suburb is well-served by quality schools including Norwood Primary and several private colleges nearby. The Norwood Food and Wine Festival is one of Adelaide's most popular community events. Norwood appeals to professionals who enjoy a cosmopolitan lifestyle close to the city, families seeking character homes in established streets, and investors drawn by the premium rental market and historically strong capital growth.