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 › Queechy Rd
6
Bedrooms
3
Bathrooms
3
Car spaces
1,415 m²
Land
315 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Norwood (last 5 years) with land size have a median of $851/m² of land (n=115). 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.
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 Ray White Living Here InvermayPerched on the banks of Queechy Lake, this expansive 1,421m² property features a meticulously curated garden filled with exotic and ornamental plants that envelop a spacious, eclectic family home, elevated above the lake to offer captivating leafy vistas.
Tucked away like a treehouse in summer, yet bathed in light during winter, the surrounding gardens provide both privacy and serenity. A stunning selection of birch, maple, elm, black bamboo, ferns, and rare plantings fill the landscape with vibrant colours throughout the seasons, there is also direct access to Queechy Lake and the North Esk from the rear yard. It's almost hard to believe how close you are to the city whilst within this property.
The home spans two versatile floors, offering the flexibility of separate self-contained quarters or one spacious, unified home. Entering through the covered porch and stained glass doors, you're greeted by an immediate sense of tranquility and exclusivity. The upper level features the main kitchen with Smeg and Bosch appliances and an open-plan dining area, offering breathtaking views. Sliding doors lead to a private patio, shielded by the lush gardens. Two of the three upstairs bedrooms are positioned on this wing of the upper floor. One of two bathrooms on this level adjoins these bedrooms and serves as the central bathroom.
Stained glass and floor-to-ceiling windows beautifully enhance the natural surroundings and landscape. The expansive windows on either side of the lounge create a true sense of peace and serenity. A wood fire heater in the living room adds to the ambiance, while multiple heat pumps throughout the home ensure comfort year-round.
The master suite, situated in the opposite wing of the upper floor, is generously sized. It includes built-in storage and a spacious ensuite with a spa bath, offering both convenience and tranquility.
On the lower floor, you'll find additional amenities, including a separate laundry and a flexible storage room. A full-sized second kitchen connects to one of the downstairs living areas, offering a private space to enjoy the garden views, along with a study nook or art space. The three generously sized bedrooms on this level include one with a built-in wardrobe. The bathroom offers a separate shower and toilet, adding to the functionality of this floor.
The downstairs open living space provides access to a covered outdoor patio and barbecue area, perfect for seamless indoor/outdoor entertaining. Further along the garden paths, you'll find a charming chicken coop and a fire pit area encircling a stunning stone landing, crafted from the salvaged fascia of one of Launceston's historic buildings.
Outbuildings include a double carport, a secure lockable shed, and additional off-street parking with a spacious turning circle for added convenience.
This property has a history of hosting weddings and health and wellness events and retreats. Furthermore, the lower floor offers potential for separate accommodation, creating additional income opportunities.
Currently a treasured sanctuary for the existing owners during their tenure, the proximity to the city via Penquite Road in less than 10 minutes and ease of access to the midlands and Launceston Airport whilst being hidden away within this private retreat is not something that is often ever offered to market. Less than a few minutes from the Norwood IGA, Newstead shopping precinct and multiple public and private, primary and secondary schools. Purely a world away from the surrounding hustle and bustle, though offering every convenience at your fingertips, this property is a must see. Contact Lochie today to register your interest.
Listing description written by Lochie Reid, Ray White Living Here Invermay — reproduced as published, not verified by Districts.