Median price · 7 years
Rolling 12-month median, all dwellings
$1,230,000+8.5% past 12 months
2020202120222023202420252026
Norwood
Strong outlook Growth score 74 Top 20% of sample
Risk score 22 Low · lower is better
Stability score 86 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Strong · 74
Listing scarcity15% Strong · 77
Rental demand14% Strong · 82
Days on market12% Strong · 76
Infrastructure investment11% Strong · 84
Jobs access10% Moderate · 67
Population growth8% Strong · 81
Income growth7% Weak · 40
New supply pressure5% · negative Low · 33
Key metrics vs benchmarks
SA column is the sample-state average; national is the whole sample.
| Metric | Norwood | SA | National |
|---|---|---|---|
| Median price | $1,230,000 | $791,250 | $734,203 |
| 12-month growth | +8.5% | +10.2% | +8.4% |
| Gross rental yield | 2.3% | 3.5% | 4.0% |
| Vacancy rate | 0.7% | 0.9% | 1.3% |
| Days on market | 24 | 22 | 31 |
| Auction clearance | 75% | 68% | 62% |
| New supply pipeline | Low | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
22Low risk
New supply pipelineApproved dwellings vs existing stock Low · 33
Employment concentrationShare of jobs in the top two industries Low · 14
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 27
Vacancy pressureCurrent vacancy vs 2% threshold Low · 13
Hazard exposureFlood, bushfire and storm surge overlays Low · 31
Who lives here
ABS Census, latest release, aggregated to suburb
6,200population 38median age 48%owner-occupied 52%renting
Owner-occupiedRenting
Norwood is a premium inner-east Adelaide suburb where The Parade is one of Adelaide's premier shopping and dining strips. Blue-chip character housing stock and inner-city convenience command premium prices.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- The Parade dining and retail precinct
- Norwood Oval redevelopment
- Adelaide CBD proximity (3km)
- Blue-chip character housing stock
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