Norwood, TAS 7250

Norwood, TAS 7250

Compare Part of Launceston

158.89 km
Distance from CBD
46 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$583,500
-2.0% $500,000 $810,000 16
Median Sale Price
$595K
Based on 56 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-13.4%
Current Median Price: $595,000
Previous Median Price: $675,000
Based on 94 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$560
+12.5% $480 $700 6
Median Rent Price
$500
per week
Based on 29 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+4.0%
Current Median Rent: $500
Previous Median Rent: $480
Based on 52 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $595,000
Current Median rent: $500
Based on 85 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 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