Suburb Profile Report for Norwood TAS (7250)

Norwood House: Median price $307,750, Annual capital growth 2.35%, Number of sales 84, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Norwood, 7250 ranked 111th in TAS when comparing growth in median property values or capital gain over the last 12 months. Norwood is one of 606 in our list for TAS

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Norwood has increased when compared to the 5 year average annual rate.

Property buyers and investors in Norwood 7250 should be seeing an average reduction in asking price of around -7.62% . This means that Norwood is holding prices well when compared to other suburbs in TAS.

In the last year 84 properties changed hands in Norwood, which puts it as the 20th most active market in TAS when comparing the number of sales per suburb.

HOUSE UNIT
$307,750 N/A
0.41% N/A
0.90% N/A
2.35% N/A
$320 N/A
84 N/A
5.41% N/A
94.62 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3794
Median household income ($/weekly) 1112
Median age of persons 47
Median housing loan repayment ($/monthly) 1473
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 428 11.3
    35-44 years 450 11.9
    45-54 years 519 13.7
    55-64 years 542 14.3
    65-74 years 407 10.7
    Others 1449 38.2
    Age Group
    Census Count Percent(%)
    Registered Married 1531 55.6
    Not Married 1033 37.5
    Defacto Relationship 189 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3253 88.9
    New Zealand 33 0.9
    Papua New Guinea 46 1.3
    United Kingdom 156 4.3
    Other 35 1.0
    Others 136 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.2
    Christianity 2676 76.5
    Judaism 9 0.3
    Other Religious Groups 10 0.3
    No Religion 790 22.6
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 166 12.8
    $600-$799 146 11.3
    $800-$999 134 10.3
    $1,500-$1,999 175 13.5
    $2,000-$2,499 122 9.4
    Others 553 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1260 40.9
    Employed, worked full-time 1022 33.2
    Employed, worked part-time 622 20.2
    Employed, away from work 99 3.2
    Unemployed, looking for work 79 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 207 11.9
    Professionals 386 22.1
    Technicians & trades workers 225 12.9
    Clerical & administrative workers 311 17.8
    Sales 196 11.2
    Others 419 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 26 3.3
    Infants/Primary 289 37.0
    Secondary 282 36.1
    Technical or Further Educational Institution 70 9.0
    University or other Tertiary Institutions 101 12.9
    Others 14 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3199 93.4
    Flat, unit or apartment 168 4.9
    Semi-detached, row or terrace house, townhouse 56 1.6
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 649 46.6
    Being purchased 476 34.2
    Rented 240 17.2
    Other tenure type 27 1.9
    Tenure Type
Census 2011, ABS
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