Norwood, TAS 7250

Norwood, TAS 7250

Compare Part of Launceston

158.89 km
Distance from CBD
46 k
Population
Median Sale Price
House
$400K
Updated on Mar 2020
2 BR
$350K
3 BR
$371K
4 BR
$458K
Unit
$221K
Updated on Mar 2020
1 BR
-
2 BR
$221K
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
$428,000
+12.4% $277,500 $925,000 25
Median Sale Price
$400K
Based on 55 recorded sales within the last 12 months
Updated on 28 May 2020
Suburb Growth
+9.6%
Current Median Price: $400,000
Previous Median Price: $361,500
Based on 132 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$385
Updated on Apr 2020
2 BR
$315
3 BR
$385
4 BR
$390
Unit
$285
Updated on Apr 2020
1 BR
$190
2 BR
$288
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
$370
-4.1% $310 $580 14
Median Rent Price
$380
per week
Based on 33 recorded rent within the last 12 months
Updated on 28 May 2020
Rent Price Growth
+2.6%
Current Median Rent: $380
Previous Median Rent: $370
Based on 69 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $400,000
Current Median rent: $380
Based on 88 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)

Auction Results For Norwood

Houses sold in Last 12 months ends 23 May 2020

$400K

Median Sale Price

100%

Clearance Rate

9/9

Sold/Reported

$515K

Highest Sale Price

Sold Price Range No. of Sold Properties
$400 K - $600 K
(Median Price Range)
2
less than $400 K 2

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