Over the last year, property investments in Norwood, 7250 have given investors a capital gain of -3.91%. This compares badly with the 3.12% for TAS as a whole.
Norwood,7250 was ranked 2482 in Australia by increase in median property value over the quarter.
Vendor discounting in Norwood is giving property investors an average Vendor Discount of around -7.19%. This puts suburb at number 62th in TAS when ranking the most discounted suburbs.
In the last year 81 properties changed hands in Norwood, which puts it as the 22th most active market in TAS when comparing the number of sales per suburb.
Situated 158.43km from the CBD, Norwood is one of Launceston localities in the postcode 7250.