21 Fisher Street, Norwood SA 5067

21 Fisher Street, Norwood SA 5067
Compact character house on 270m² | 134m² internal space | Norwood city-fringe streetscape | Strong school-catchment pull | Limited parking This property is positioned as a compact character house in a tightly held Norwood pocket. Its 270m² allotment is small, but the 134m² internal area is functional for a detached house. Location is the core strength: walking distance to The Parade, established schooling, and minutes from the CBD. This scale is rarely available in such a blue-chip suburb. Downsizers and investors are likely to be attracted by the high rental demand and low-maintenance layout. The character streetscape is also a positive, though it is differentiated from larger villas nearby by its land size. Extension potential may be limited by the small allotment, and renovation costs might be incurred if finishes are dated. Parking is limited to one space, reducing family appeal. A premium might be placed on compactness for low maintenance and location. Redevelopment could be restricted by heritage or flood overlays, and build-year uncertainty is left. These factors ought to be weighed.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21 Fisher Street, Norwood SA 5067
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Norwood SA 5067 is a tightly held eastern suburbs market, with 77 house sales in the past year and a 1.12% vacancy rate. A 39% renter share anchors demand. House prices have risen 29.7% annually to a median of $1,712,500, selling in 43 days. Units are softer: prices fell 5.84% to $725,000, yet sold in 23 days. Gross yields are thin for houses at 2.63% and modest for units at 3.79%. Low stock supports growth, but affordability and falling unit values are risks.
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PropCred Estimated Value

Comparable Sales: 11 Fisher Street (4/2, 447m²) sold~$1.45M; 1 Fisher Street (4/2, 821m²) sold~$2.4M | Property Price Band: $1.0M-$1.1M | Value Drivers: condition, land size, location

Bedrooms

3

Bathroom

1

Parking

1

Land

274m²

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