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Investment Property Norwood, TAS, 7250

Suburb Snapshot

Norwood is a suburb in the Launceston Region of Tasmania. Norwood has a population of 3,738 people and 17.83% of its occupants live in rental accommodation. The median listing price for houses is $599,000 and this has changed 0.33% over the past year and changed 0.00% over 2 years.

The median rent in Norwood for houses is $530 per week and the median rental yield is 4.60%. Stock on the market for houses/townhouses has changed -57.14% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Norwood is NA per week, producing a rental yield of NA.

Supply & Demand in Norwood, Launceston

0.24%

Current vacancy rate


4

Rental stock available


3,738

Population


17.83%

Rental population


0.72%

Current vacancy rate


234

Rental stock available


65,275

Population


30.07%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Norwood, Launceston

  House Townhouses Units
Median listing price $599,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 0.33% NA NA
Median price change - 2 years 0.00% NA NA
  House Townhouses Units
Median weekly rent $530 NA NA
Median yield % 4.60% NA NA
Median rent change - 1 year 10.41% NA NA
  House Units
Previous month sales 2 0
Stock on market previous month 9 0
Stock variance vs. last year -57.14% -100.00%
Average days on market 59 NA

Norwood investment property listings

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