Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 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 | 69 |
| 2014 | $312,500 | +0.8% | $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 | $702,000 | +23.1% | $365,000 | $2,450,000 | 41 |
| 2023 | $595,000 | -18.0% | $435,000 | $1,275,000 | 50 |
| 2024 | $580,000 | -2.6% | $415,000 | $1,350,000 | 56 |
Median Sale Price
$584K
Based on 64 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-1.1%
Current Median Price: $583,500
Previous Median Price: $590,000
Based on 109 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 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 | $310 | -3.2% | $225 | $470 | 42 |
| 2016 | $310 | 0.0% | $210 | $620 | 23 |
| 2017 | $360 | +13.9% | $250 | $490 | 30 |
| 2018 | $360 | 0.0% | $260 | $590 | 28 |
| 2019 | $400 | +10.0% | $230 | $525 | 34 |
| 2020 | $410 | +2.4% | $310 | $580 | 31 |
| 2021 | $470 | +12.8% | $300 | $620 | 33 |
| 2022 | $490 | +4.1% | $345 | $650 | 25 |
| 2023 | $490 | 0.0% | $380 | $600 | 27 |
| 2024 | $530 | +7.5% | $380 | $800 | 25 |
Median Rent Price
$530
per week
Based on 29 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+7.5%
Current Median Rent: $530
Previous Median Rent: $490
Based on 53 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.7%
Current Median Price: $583,500
Current Median rent: $530
Based on 93 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
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 |