Compared to the rest of the Gold Coast market, the Norwood submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 15 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Norwood are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 10,720 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 5 floors. Most buildings in this market were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the occupants of Norwood work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.