Norwood

SA 5067

Norwood is an inner-eastern Adelaide suburb in the City of Norwood, Payneham and St Peters, about 3 kilometres from the Adelaide CBD. The Parade is a major east-west trading strip lined with cafes, restaurants and established commercial premises, framed by leafy streets and served by Adelaide Metro buses.

Norwood is an office and consulting market, with office suites and floors and medical or consulting suites occupying premises around the established main street. Stepney, Rose Park and Kent Town are nearby comparisons.

37

Active lease listings

commercial properties

$65,000

Median annual rent

asking rent across all listings

117

Median days on market

across all active listings

Lease rate trend

$393/m² p.a.

Median advertised rate

Up 21.3%

Change over 12 months

$370202420252026$444$296Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Norwood. Drill down to individual listings in MarketBuddy

Listings by sector

16

Medical / Consulting

active lease listings

9

Offices

active lease listings

7

Retail and Shops

active lease listings

4

Industrial, Warehouse and Factories

active lease listings

1

Hotel and Leisure

active lease listing

Want to know more?

Explore commercial property insights for Norwood in MarketBuddy.

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Last updated 5 September 2026