Real Estate Norwood, TAS, 7250 Launceston

Thinking about buying in Norwood? Now could not be a better time, with a whopping 1831 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $510,000 with prices in this suburb ranging from $161,000 to $1,032,000.

Distance to the coast is 45 Km.

Instant Valuation

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. Incomes in Norwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Norwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Norwood to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.


Household makeup

Median Weekly Rent $311.75
Median Monthly Mortgage $1334.50
Median Persons Per Bedroom 0.76
Average Household Size 2.42
Average Age 38.00
Average Income $926.00
Average Cars Per Dwelling 2.65
Average Properties Within 50M 9.00

Typical Property Prices

2 Bed$349,000
3 Bed$616,250
4 Bed$1,208,290
5 Bed$1,240,000

Housing Stock

Houses for sale Norwood

Harcourts 302 PENQUITE RD, NORWOOD, TAS, 7250 4 3 2 $1,100,000
One Agency 27 MONTGOMERY CT, NORWOOD, TAS, 7250 3 2 2 Offers Over $665,000
One Agency 14 HILTON PL, NORWOOD, TAS, 7250 3 1 2 Best offer over $575,000
RayWhite 6 GLYNDON CT, NORWOOD, TAS, 7250 4 2 2 $579,000 - $629,000

Local Schools

Queechy High School

Norwood Primary School

Norwood Primary School

St Joseph's Memorial 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

Norwood weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Curb

Fibre to the Premises

Hybrid Fibre Coaxial (HFC)


Nearby Suburbs

PunchbowlKings MeadowsNewsteadSouth LauncestonYoungtownEast LauncestonLauncestonProspectWaverleyWest Launceston

Public Transport

East Tamar - Less than 5 KM Western Junction - Greater then 10KM Penny Royal - Less than 5 KM Windmill - Less than 5 KM Tamar River Cruises - Less than 10 KM Cataract Cruises - Less than 10 KM

General Points of Interest

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