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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


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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 0.00% 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 1 of 1 investment properties found in Norwood on realestateinvestar.com.au

45 Warragul St, NORWOOD

$579,000

property pic

Timeless Family Residence in a Prime Location

Nestled at 45 Warragul Street, Norwood, TAS 7250, this meticulously maintained brick-rendered home represents the perfect fusion of comfort, convenience, and practicality. Ideally situated in one of the most sought-after residential areas, this property is just a stone's throw from Norwood Primary ...

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3

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2

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House

TAS 7250


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