Median Sale Price
House
$425K
Updated on Dec 2020
2 BR $324K | 3 BR $380K | 4 BR $458K |
Unit
$280K
Updated on Dec 2020
1 BR - | 2 BR $283K | 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 | $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 | $435,000 | +13.8% | $277,500 | $1,035,000 | 61 |
| 2021 | $385,000 | -13.0% | $385,000 | $385,000 | 3 |
Median Sale Price
$450K
Based on 60 recorded sales within the last 12 months
Updated on 26 Jan 2021
Suburb Growth
+16.7%
Current Median Price: $450,000
Previous Median Price: $375,000
Based on 121 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$395
Updated on Dec 2020
2 BR $320 | 3 BR $395 | 4 BR $445 |
Unit
$283
Updated on Dec 2020
1 BR - | 2 BR $283 | 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 | $320 | +17.2% | $250 | $420 | 15 |
| 2015 | $300 | -6.7% | $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 | $400 | +3.8% | $310 | $580 | 31 |
| 2021 | - | - | - | - | - |
Median Rent Price
$410
per week
Based on 26 recorded rent within the last 12 months
Updated on 26 Jan 2021
Rent Price Growth
+7.3%
Current Median Rent: $410
Previous Median Rent: $380
Based on 59 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.7%
Current Median Price: $450,000
Current Median rent: $410
Based on 86 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Norwood
Houses sold in Last 12 months ends 23 Jan 2021
$861K
Median Sale Price
100%
Clearance Rate
4/4
Sold/Reported
$861K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M (Median Price Range) | 1 | |
| $600 K - $800 K | 1 | |
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 |