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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 $597,000 and this has changed -0.34% over the past year and changed 12.85% over 2 years.

The median rent in Norwood for houses is $480 per week and the median rental yield is 4.18%. Stock on the market for houses/townhouses has changed 10.53% compared to last year and the average time to sell a house/townhouse is 63 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

0.48%

Current vacancy rate


8

Rental stock available


3,738

Population


17.83%

Rental population


0.98%

Current vacancy rate


313

Rental stock available


65,275

Population


30.07%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Norwood, Launceston

  House Townhouses Units
Median listing price $597,000 NA NA
Median price change - last quarter 0.33% NA NA
Median price change - 1 year -0.34% NA NA
Median price change - 2 years 12.85% NA NA
  House Townhouses Units
Median weekly rent $480 NA NA
Median yield % 4.18% NA NA
Median rent change - 1 year 4.34% NA NA
  House Units
Previous month sales 0 0
Stock on market previous month 21 1
Stock variance vs. last year 10.53% 100.00%
Average days on market 63 NA

Norwood investment property listings

Showing 5 of 11 investment properties found in Norwood on realestateinvestar.com.au

86 Benwerrin Cres, Norwood

$765,000

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Picture Perfect Family Home

The epitome of picturesque family perfection, this superbly maintained charming residence exemplifies both character and contemporary appeal within a magnificent garden setting on a generous 722sqm approx. allotment. Privately positioned in a quiet street in the heart of the ever-popular family ...

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TAS 7250


4 Montifiore St, Norwood

$599,000

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Appealing in Norwood

Welcome to 4 Montifiore Street Norwood, a charming 3 bedroom, 2 bathroom house with a 3 car carport. This property boasts a spacious land area of 625 sqm and a building area of 142 sqm, perfect for families looking for room to grow. The house was constructed in 1971, adding a touch of character ...

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TAS 7250


26 Queechy Rd, Norwood

$799,000

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Stunning Contemporary Residence With Views

Located in the ever-popular family suburb of Norwood this stunning contemporary residence is privately immersed within a native greenery setting and boasts an elevated outlook capturing stunning views. The low maintenance and well-thought-out landscaping provide a sense of tranquillity while ...

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TAS 7250


14 Heathfield St, Norwood

$585,000

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Charming family residence: Pristine and perfectly positioned!

Nestled within the esteemed Norwood neighbourhood, this expansive family haven is a captivating gem from the moment you arrive! Positioned on a highly sought-after leafy street, it exudes an aura of comfort. Conveniently situated near schools, the Kings Meadows shopping complex, and Launceston ...

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TAS 7250


57 Benwerrin Cres, Norwood

$919,000

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A Unique Opportunity in Norwood

This truly unique home sits at the end of an internal driveway and offers a private and quiet existence. The exterior is great rendered finished while the internal home has been superbly renovated converting a "1998 shell into a 2024 masterpiece". Granite benchtops in the kitchen and nothing but ...

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TAS 7250


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