Norwood, TAS 7250

Norwood, TAS 7250

Compare Part of Launceston

158.89 km
Distance from CBD
46 k
Population
Median Sale Price
House
$580K
Updated on May 2022
2 BR
-
3 BR
$550K
4 BR
$685K
Unit
$410K
Updated on May 2022
1 BR
-
2 BR
$410K
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$300,000
0.0% $198,000 $570,000 54
2010
$322,000
+6.8% $227,000 $630,000 57
2011
$317,000
-1.6% $236,500 $610,000 64
2012
$318,000
+0.3% $195,000 $603,000 58
2013
$304,000
-4.6% $82,000 $610,000 69
2014
$312,500
+2.7% $180,000 $610,000 54
2015
$325,000
+3.8% $166,000 $680,000 72
2016
$308,000
-5.5% $215,000 $770,000 72
2017
$355,000
+13.2% $227,000 $915,000 57
2018
$362,000
+1.9% $240,000 $670,000 80
2019
$375,000
+3.5% $202,500 $810,000 64
2020
$435,000
+13.8% $277,500 $1,035,000 70
2021
$540,000
+19.4% $280,000 $1,700,000 62
2022
$675,000
+20.0% $365,000 $1,700,000 29
Median Sale Price
$590K
Based on 58 recorded sales within the last 12 months
Updated on 3 Jul 2022
Suburb Growth
+21.1%
Current Median Price: $590,000
Previous Median Price: $465,500
Based on 130 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2022)
Price Range Segments (12 months ending Jun 2022)
Median Weekly Rent Price
House
$450
Updated on May 2022
2 BR
$370
3 BR
$460
4 BR
$548
Unit
$390
Updated on May 2022
1 BR
-
2 BR
$385
3 BR
$490
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
-
- - - -
2013
$265
0.0% $265 $265 1
2014
$320
+17.2% $250 $420 15
2015
$310
-3.2% $225 $470 42
2016
$310
0.0% $210 $620 23
2017
$360
+13.9% $250 $490 30
2018
$350
-2.9% $260 $590 28
2019
$400
+12.5% $230 $525 34
2020
$410
+2.4% $310 $580 31
2021
$470
+12.8% $300 $600 31
2022
$500
+6.0% $430 $650 13
Median Rent Price
$480
per week
Based on 29 recorded rent within the last 12 months
Updated on 3 Jul 2022
Rent Price Growth
+17.7%
Current Median Rent: $480
Previous Median Rent: $395
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $590,000
Current Median rent: $480
Based on 87 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2022)

Schools closest to Norwood, TAS 7250

School name Address Type Sector Distance
Queechy High School 161 PENQUITE ROADNorwood 7250 Secondary Government 0.61 km
Norwood Primary School NORWOOD AVENUENorwood 7250 Primary Government 0.71 km
Punchbowl Primary School 146 PUNCHBOWL ROADLAUNCESTON 7249 Primary Government 1.26 km
Larmenier Catholic School 38 STATION RDSt Leonards 7250 Primary Catholic 1.38 km
Newstead Christian SchoolTop 20 Newstead 7250 Combined Independent 2.07 km