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 › Veronica Cres
$590,000
Last sold
27 June 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
1,555 m²
Land
130 m²
Building
Districts View
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
$590,000
27 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Norwood (last 5 years) with land size have a median of $852/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
-15.7%
Median sale
Suburb $700,000
+0.79 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 Sims for PropertyNestled within the highly sought-after locale of Norwood, 16 Veronica Crescent exudes timeless charm and modern allure. This charming weatherboard home has been lovingly maintained and tastefully updated, offering a blend of classic appeal and modern comfort and sits on an impressive 1,555m2 approx. block.
Step inside to discover a light-filled sanctuary boasting three spacious bedrooms, each adorned with built-in robes to provide ample storage space. The central updated bathroom is a haven of relaxation, featuring a freestanding bath and separate shower, perfect for unwinding after a long day.
The heart of the home is the open-plan living and kitchen area, where quality appliances and ample storage await the aspiring chef. Adjacent to the kitchen, the dining and lounge area seamlessly flow onto the outdoor deck, creating an ideal space for indoor-outdoor living and entertaining.
Enjoy an abundance of natural light and all-day sun throughout the home, complemented by an attractive, leafy outlook from every angle. Stay comfortable year-round with the reverse cycle air conditioning system and wood heater, adding both warmth and ambiance to the living spaces.
Outside, the large, fully fenced yard offers plenty of space for children and pets to play, along with an above-ground pool and multiple veggie beds for everyone to enjoy. The elevated deck area provides a picturesque setting for entertaining friends and family while taking in the beautiful surroundings.
Additional features include a separate laundry, great under-house storage, a single carport, and additional off-street parking, ensuring convenience and practicality for everyday living.
Strategically positioned, this property is just moments away from Norwood Primary School and Queechy High School. Within proximity to Punchbowl Reserve, Norwood IGA, local bus routes, and a short drive to Launceston CBD, 16 Veronica Crescent offers a desirable residence that harmonizes convenience with classic charm. Don't miss your chance to call this delightful property home. Contact us today to arrange a viewing.
- 3-bedroom, 1 bathroom home;
- Bright and sunny throughout;
- Spacious bedrooms all with built in robes;
- Elevated deck overlooking backyard;
- 1,555m2 approx. block.
Year Built: 1954
House Size: 130sqm
Land Size: 1,555sqm
Council Rates: $1,840pa approx
Water Rates: $1,000pa approx
Municipality: Launceston City Council
School Catchments: Norwood Primary, Queechy High School, Kings Meadows High School
Zoning: General Residential
Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Richard Sims, Sims for Property — reproduced as published, not verified by Districts.