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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 0.00% 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 -47.37% 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

0.24%

Current vacancy rate


4

Rental stock available


3,738

Population


17.83%

Rental population


0.70%

Current vacancy rate


226

Rental stock available


65,275

Population


30.07%

Rental population


0.49%

Current vacancy rate


1,351

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 $599,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 0.00% 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 3 0
Stock on market previous month 10 0
Stock variance vs. last year -47.37% 0.00%
Average days on market 63 NA

Norwood investment property listings

Showing 3 of 3 investment properties found in Norwood on realestateinvestar.com.au

3 Bertland Ct, NORWOOD

$745,000

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Private cul-de-sac living with sunlit alfresco, level yard & dua

Positioned within a quiet cul-de-sac, this thoughtfully designed home is perfect for those who love to gather, offering generous living spaces, effortless indoor-outdoor connection and a private, sun-filled alfresco area that adapts beautifully to both relaxed family living and year-round ...

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House

TAS 7250


8 Davista Dr, NORWOOD

$975,000

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Private, Elevated Living with Scenic Views & Effortless Comfort

Open of inspection Saturday 9th of May 10:30am-11:00am Tucked away in a peaceful and private setting, 8 Davista Drive is a home designed with families in mind, offering space, comfort, and a relaxed lifestyle where everyone can feel at ease. Step inside to discover beautiful solid Tasmanian oak ...

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House

TAS 7250


1/15-17 Hilton Pl, NORWOOD

$399,000

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Invest or Nest In Norwood

Positioned in the highly sought-after suburb of Norwood, this two-bedroom unit presents an outstanding opportunity for investors or mainland purchasers looking to secure a low-maintenance Tasmanian property. Thoughtfully designed, the home offers a practical and comfortable layout, with a subtle ...

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Unit

TAS 7250


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