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 |