2/12 Margaret Street

Norwood SA 5067

Apartment

Last sold for $988,000

Paul Alvino, last sold this property on 02 May 2026 after 16 days on market.

Overview

Small Group, Big Lifestyle in Iconic Norwood

Tucked away in a quiet group of just three, this beautifully refurbished two-bedroom unit offers the perfect blend of comfort, convenience, and lifestyle in one of Norwood's most sought-after pockets. Positioned just footsteps from the vibrant Norwood Parade, you'll enjoy immediate access to cafés, restaurants, shopping, and entertainment, all while coming home to a peaceful and private setting. Inside, the home has been thoughtfully updated to provide a spacious and light-filled layout. Both bedrooms are well-proportioned, serviced by a neat and modern bathroom, while the open living and dining area flows seamlessly for easy everyday living. Year-round comfort is assured with ducted reverse cycle air conditioning, and the added bonus of a solar system helps keep energy costs down. Outdoors, a fantastic paved entertaining area creates the perfect space for hosting friends or relaxing in the fresh air, complemented by a touch of garden space for those with a green thumb. Additional features include a secure lock-up garage and a low-maintenance lifestyle ideal for first home buyers, downsizers, or investors. With quality schooling nearby and easy transport links to Burnside and the Adelaide CBD, this is an outstanding opportunity to secure a stylish home in a premium location. Key Features: Refurbished two-bedroom unit in a small group of three Prime location just moments from Norwood Parade Spacious living and dining area Ducted reverse cycle air conditioning Solar system for energy efficiency Paved outdoor entertaining area with garden space Lock-up garage for secure parking Close to quality schools and public transport Easy access to Burnside and Adelaide CBD A lifestyle of convenience and charm awaits, inspect and be impressed. Specifications: CT / 5020/64 Council / Norwood Payneham & St Peters Zoning / EN Built / 1975 Council Rates / $1,428.00pa Emergency Services Levy / $143.00pa SA Water / $221.00pq Strata Manager / Self-managed Strata Rates / $775.00pq Estimated rental assessment / $600 - $620 per week / Written rental assessment can be provided upon request Nearby Schools / Norwood P.S, Marryatville P.S, Rose Park P.S, Trinity Gardens School, East Adelaide School, Marryatville H.S, Glenunga International H.S, Adelaide Botanic H.S, Norwood International H.S Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Features

2 bedrooms

1 bathroom

1 carspace

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Norwood over the last 12 months, the estimated median property value of 2/12 Margaret Street is $797.5k.

Median value

$797.5k

Estimated value range

$500k - $1.23m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Norwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.