TAS/
Norwood

Suburb Profile

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

house

Property investors have seen a 2.75% 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 $318,000

Profits averaged 1.88% 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 $350 based on current median home prices for the suburb.

The gross rental yield in NORWOOD, 7250 is 5.72%.

An average of 4.92 real estate transactions take place per month in NORWOOD which translates to 59 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $318,000 N/A
GROWTH REPORT
Median Quarterly 2.75% N/A
Median 12 month 3.25% N/A
Median 3 years 5.65% N/A
Median 5 years -1.24% N/A
10 years average annual 1.3% N/A
Weekly media advert. rent $350 N/A
Time on Market 63.0 days N/A
Gross Rental Yield Percent 5.72% N/A
demographics (median values)
Total Population
3762
Weekly Household Income
1019
Household Size
2.40
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