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Norwood
TAS, 7250 - Launceston

Thinking about buying in Norwood? Now could not be a better time, with 1838 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $356,000 with prices in this suburb ranging from $16,000 to $2,253,000. The aproximate distance to the coast is 45 Km.

Household Makeup

Median Weekly Rent $310.50
Median Monthly Mortgage $1454.57
Median Persons Per Bedroom 0.76
Average Household Size 2.29
Average Age 44.57
Average Income $769.29
Average Cars Per Dwelling 1.87
Average Properties Within 50M 9

Housing Stock

Average Property Prices

1 Bed  $157,000
2 Bed  $260,000
3 Bed  $370,000
4 Bed  $427,000
5 Bed  $527,000
6 Bed+$470,000

Norwood Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Norwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Norwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Norwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Norwood

Harcourts UNIT 3, 1 COLLIVER ST, NORWOOD, SA, 5067 Beds2 Bathrooms1 Parking 1 $790,000 - $840,000
Harcourts UNIT 2, 33 SHELDON ST, NORWOOD, SA, 5067 Beds3 Bathrooms1 Parking 1 Best Offers By 16/4 1pm - Price Guide $1.3M
LJ Hooker APARTMENT 204, 256 THE PARADE, NORWOOD, SA, 5067 Beds1 Bathrooms1 Parking 1 $595,000-$625,000
LJ Hooker 55 ELIZABETH ST, NORWOOD, SA, 5067 Beds3 Bathrooms1 Parking 3 Auction 4/5 @ 12.30pm
LJ Hooker UNIT 4, 40 QUEEN ST, NORWOOD, SA, 5067 Beds2 Bathrooms1 Parking 1 $449,000 - $479,000

Local Schools

Norwood Primary School

Queechy High School

Larmenier Catholic School

Scotch Oakburn College

Punchbowl Primary School

St Leonards Primary School

Newstead Christian School

St Thomas More's Catholic School

Kings Meadows High School

The Launceston Preparatory School

(While the above schools are located with the suburb of Norwood there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Norwood weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.313.125.237.486.63.026.1
Feb1.313.124.639.385.72.923.3
Mar1.611.121.247.391.22.717.8
Apr2.010.318.251.889.42.613.2
May3.77.813.165.2922.99.0
Jun4.25.810.571.694.13.18.4
Jul4.25.19.970.995.23.68.2
Aug3.95.110.566.595.13.710.4
Sept3.66.513.854.393.23.615.1
Oct2.28.017.247.390.33.220.8
Nov1.39.219.742.391.62.824.8
Dec1.111.823.636.083.72.827.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

PunchbowlKings MeadowsNewsteadSouth LauncestonYoungtownEast LauncestonLauncestonProspectWaverleyWest Launceston

Public Transport


General Points of Interest

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