106 Beulah Road, Norwood SA 5067

106 Beulah Road, Norwood SA 5067
c.1910 sandstone character | modern open-plan extension | 4-bed flexible footprint | Norwood primary catchment | no overlays This property presents a competitively rare fusion of preserved period grandeur and contemporary family functionality within a premier school catchment. The significant modern rear extension creates a sun-filled, open-plan living space that most character homes lack, while the flexible six-room footprint accommodates home office needs without sacrificing bedroom count. It serves the buyer seeking authentic charm without compromising on modern livability, positioned in a stable, high-demand suburb with long-hold demographics. Your decision weighs the premium for a turnkey, extended character home against the cost and risk of undertaking a similar renovation elsewhere. The lack of development overlays removes a material constraint, enhancing long-term utility. Secure this as a permanent family residence to amortize the entry cost over a decade, leveraging its finished state and location for both lifestyle and capital stability. Recent Beulah Road sales demonstrate strong growth for updated properties: 119 Beulah sold for $2.22m after 11.78% annual growth, while a dated unit at 2/171 sold for $885k. This suggests the market heavily rewards modernised, larger character homes. The subject property’s scale and renovation align it with the premium achieved at 119 Beulah, justifying a valuation above the street’s median.
Detailed Independent Property Report prepared  by PropCred Analyst team for 106 Beulah Road, Norwood SA 5067
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk
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Insight: Norwood SA 5067

Norwood is a tightly held, established suburb with a clear premium for houses over units. Demand is driven by owner-occupiers seeking a central lifestyle, evidenced by strong house price growth and a significant renting population. The market is active with houses transacting faster than units, which show softer conditions. Future growth is anchored in its enduring appeal, though the divergence in performance between property types and a low rental yield for houses present key considerations for investors.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

501m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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