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 › Penquite Rd
5
Bedrooms
3
Bathrooms
8
Car spaces
784 m²
Land
348 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
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 Harcourts LauncestonIf you're looking for a home that combines space, style, and sustainability, look no further! This impressive 35-square residence is designed to accommodate the modern family's needs, providing the perfect balance for living, entertaining, and relaxation. Situated in a prime location, the home boasts stunning north-east views of the mountains over the valley, with sunlight streaming through at all the right times.
Key Features:
• Generous Space: All five bedrooms are doubles, offering ample storage and flexibility for multiple uses. Check out the floor plan to see how this layout can work for you!
• Modern Entertainer's Dream: The expansive kitchen, family, and dining area has enough room for a large dining table, flowing seamlessly into the living room. Prefer a more intimate setting? The living room can be easily closed off when needed.
• Year-Round Comfort: Stay comfortable with every season using ducted reverse cycle heating and cooling throughout the home. Plus, a12kW Pellet fire
• Solar Panels for Maximum Efficiency: Enjoy energy savings with north-facing solar panels, maximising sunlight capture and providing excellent value. Solar - 5.1kw system (17x300W QCELL panels with Enphase Microinverters').
• Standout Style: From the moment you arrive, the home's modern streetscape and manicured low-maintenance garden - Offer an outside undercover entertaining area and al fresco dining plus fruit trees- lemon, apple, pear x 2, fig x 2, passion fruit x 2, apricot, nectarine, raspberry x 2, veggie patch.
• Plenty of Parking: The 5.5m x 11.6m garage offers space for multiple cars, plus off-street access to the rear carport, ensuring convenience and extra parking options.
Prime Location: With local public and private schools nearby, easy access to bus stops, parks, and a major shopping centre just a short drive away, this home is ideally situated for families on the go.
Property Details:
• House: 277.44m²
• Garage: 70.82m²
• Land: 784m²
• Rates:$2,480pa
• Water Rates 1300pa
This home is a perfect blend of space, style, and sustainability for a busy family lifestyle. Don't miss the chance to make it yours!
**Harcourts Launceston 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. All measurements are approximate**
Listing description written by Neil Hawkins, Harcourts Launceston — reproduced as published, not verified by Districts.