Norwood at a glance
3,693
People
$700,000
Median sale
$572/wk
Median rent
4.25%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
TAS › Norwood › Montgomery Ct
$650,000
Last sold
9 May 2023
4
Bedrooms
3
Bathrooms
4
Car spaces
672 m²
Land
215 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$650,000
9 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Norwood (last 5 years) with land size have a median of $846/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Norwood at a glance
3,693
People
$700,000
Median sale
$572/wk
Median rent
4.25%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Norwood
-7.1%
Median sale
Suburb $700,000
+0.33 pp
Gross yield
Suburb 4.25%
Suburb median $700,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $572/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Norwood at a glance
3,693
People
$700,000
Median sale
$572/wk
Median rent
4.25%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Roberts Real Estate LauncestonArchitecturally designed with timber features, this wonderful home oozes personality and comfort. Well positioned in a quiet cul-de-sac with sweeping views over Relbia and White Hills and the mountains beyond of Arthur, Barrow and Ben Lomond, it's a wonderful property sure to impress on inspection.
The floorplan flows easily, with all your main living provided on the ground floor. Encompassing a well-equipped central kitchen with picture-perfect views, spacious dining, lounge with vaulted ceiling and a double bedroom connecting with the dual access 3rd bathroom and laundry. A rumpus room overlooking a walled garden oasis is sure to inspire any hobbyist. Off the dining room, the sundeck offers relaxing views and outdoor entertaining with access to the sheltered and secure yard and gardens.
Upstairs, the large master bedroom offers 2 built in robes and ensuite as well as a window seat to escape the pace of family life and watch the sunrise. There are also 2 further double bedrooms and bathroom with separate toilet. The home also offers 20 solar panels, ducted vacuum system, a double garage with internal access and additional parking perfect for a motorhome or boat.
Outside, the enchanting gardens feature striking flowers, fruit trees and veggie beds and combines with the sundeck to offer a multitude of choices for your morning coffee or entertaining friends. Located just 5 minutes from the Meadow Mews shopping complex, doctors & schools and still only a 10 minute drive from the centre of Launceston.
15 Montgomery Court at a glance:
• Architecturally designed home with timber features
• Sweeping views over Relbia, White Hills and the mountains beyond
• Flexible floorplan with 3 bathrooms and rumpus
• Private 670sqm block with enchanting gardens
• Multiple outdoor areas to enjoy a quiet coffee or entertain friends
• Double garage with internal access plus additional parking space
• Convenient yet quiet location close to schools, shops and only 10 mins to CBD
Additional information:
• Building size: 215m2
• Land size: 670m2
• Year built: 1982
• Council: Launceston City
• Council rates: Approx $1,800pa
• Water Rates: Approx $1,000pa + usage
Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary overlays are approximate.
Listing description written by Jess Christmas and Michael Walsh, Roberts Real Estate Launceston — reproduced as published, not verified by Districts.