TAS/
Norwood

Suburb Profile

Norwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7250

house

Property investors have seen a 6.58% gain in NORWOOD based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NORWOOD, 7250 saw average growth in the long term.

The TAS suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $340,000

Profits averaged 2.79% per annum over a 3-year period, due to an upward trend in home prices in NORWOOD, 7250.

This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.

The gross rental yield in NORWOOD, 7250 is 5.05%.

An average of 5.75 real estate transactions take place per month in NORWOOD which translates to 69 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 N/A
GROWTH REPORT
Median Quarterly 6.58% N/A
Median 12 month 9.68% N/A
Median 3 years 8.37% N/A
Median 5 years 6.92% N/A
10 years average annual 1.71% N/A
Weekly media advert. rent $330 N/A
Time on Market 71.3 days N/A
Gross Rental Yield Percent 5.05% N/A
demographics (median values)
Total Population
3762
Weekly Household Income
1019
Household Size
2.40
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