Median Sale Price
House
$400K
Updated on Jan 2020
2 BR $287K | 3 BR $370K | 4 BR $432K |
Unit
$220K
Updated on Jan 2020
1 BR - | 2 BR $220K | 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 | $585,000 | 57 |
| 2011 | $317,000 | -1.6% | $236,500 | $610,000 | 64 |
| 2012 | $318,000 | +0.3% | $195,000 | $603,000 | 58 |
| 2013 | $310,000 | -2.6% | $82,000 | $610,000 | 68 |
| 2014 | $309,000 | -0.3% | $180,000 | $610,000 | 53 |
| 2015 | $330,000 | +6.4% | $166,000 | $680,000 | 70 |
| 2016 | $308,000 | -7.1% | $215,000 | $770,000 | 68 |
| 2017 | $355,000 | +13.2% | $227,000 | $915,000 | 54 |
| 2018 | $362,000 | +1.9% | $240,000 | $670,000 | 73 |
| 2019 | $375,000 | +3.5% | $202,500 | $810,000 | 60 |
| 2020 | $410,000 | +8.5% | $360,000 | $590,000 | 11 |
Median Sale Price
$389K
Based on 62 recorded sales within the last 12 months
Updated on 29 Feb 2020
Suburb Growth
+7.5%
Current Median Price: $389,000
Previous Median Price: $360,000
Based on 135 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$385
Updated on Jan 2020
2 BR $300 | 3 BR $383 | 4 BR $400 |
Unit
$270
Updated on Jan 2020
1 BR $190 | 2 BR $270 | 3 BR - |
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 | $315 | +15.9% | $250 | $420 | 15 |
| 2015 | $300 | -5.0% | $225 | $470 | 42 |
| 2016 | $310 | +3.2% | $210 | $500 | 23 |
| 2017 | $340 | +8.8% | $250 | $475 | 30 |
| 2018 | $350 | +2.9% | $260 | $590 | 28 |
| 2019 | $385 | +9.1% | $230 | $500 | 34 |
| 2020 | $360 | -6.9% | $330 | $500 | 5 |
Median Rent Price
$380
per week
Based on 33 recorded rent within the last 12 months
Updated on 29 Feb 2020
Rent Price Growth
+7.9%
Current Median Rent: $380
Previous Median Rent: $350
Based on 67 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.1%
Current Median Price: $389,000
Current Median rent: $380
Based on 95 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Norwood
Houses sold in Last 12 months ends 22 Feb 2020
$400K
Median Sale Price
100%
Clearance Rate
16/16
Sold/Reported
$755K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 2 | |
| $400 K - $600 K (Median Price Range) | 3 | |
| less than $400 K | 4 | |
Similar Suburbs to Norwood 7250
Based on median house sale price sold in last 12 months
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 |