TAS has seen average median house prices change by 3.19% which means that Norwood, 7250 has done well for property investors by showing a capital gain of 0.00% over the last year
If we look at median property appreciation over just the last three months, Norwood has given property investors a paper return of 1.64%. This puts Suburb as 63 on a list of fastest fasting appreciating suburbs in TAS
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Norwood itself are offering an average vendor discount of -7.74% to real estate investors.
At number 2417 in a list of fastest selling suburbs, Norwood is in the bottom 40% of suburbs in Australia with an average of days on market 93.53 for properties listed there.
Situated 158.40km from the CBD, Norwood is one of Launceston localities in the postcode 7250.