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 › Sandown Rd
$700,000
Last sold
28 May 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
119,405 m²
Land
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
$700,000
28 May 2024 · derived via latest_sale
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
0.0%
Median sale
Suburb $700,000
0.00 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Harrison Agents LauncestonPresenting a truly unparalleled opportunity: Welcome to 31 Sandown Road, Norwood. This expansive landholding, enveloping nearly 30 acres, beckons you to envision the creation of a 2-acre dream home sanctuary, pending the requisite council approvals. It stands as a remarkable discovery, offering a lifestyle allocation in a prime locale that unfolds a canvas of boundless potential.
What distinguishes this property is the tranquil embrace of the North Esk River, which gracefully meanders for over a kilometer along its border. The perpetual flow of this captivating river imparts an almost mystical quality to the landscape, truly elevating it into a genuine masterpiece of natural beauty. Significantly, the river serves as an idyllic backdrop for those who relish fishing, kayaking, and swimming, particularly during the warmer seasons.
Noteworthy enhancements encompass upgraded perimeter fencing, the integration of stockyards capable of accommodating up to 20 cattle, and meticulously cultivated plantings along the riverbank. Furthermore, two strategically positioned sheds stand ready to house equipment and machinery. The land's versatility extends to accommodate livestock, hobby farming, or cater to equestrian pursuits, with five paddocks served by mains-supplied water. Among these, the two primary paddocks boast a blend of pasture grasses, offering boundless possibilities to the fortunate new steward.
The property has been thoughtfully divided into seven distinct areas, with unmetered town water supplied to stock troughs in the five principal paddocks. The western primary paddock is fortified with wallaby-proof fencing on one side, while electric fencing graces the riverside boundary.
Situated in a location of undeniable distinction, this property rests in close proximity to esteemed school catchments, the vibrant city center, and the lively pulse of Launceston. It embodies a harmonious fusion of nature and convenience. We are thrilled to serve as your guides through this exceptional property, unveiling its myriad attributes. This is truly a once-in-a-lifetime opportunity. Do not let it slip away-lay claim to your own piece of paradise at 31 Sandown Road, Norwood. Reach out to us for further details and to arrange a personal viewing experience.
Listing description written by Michael Dearsley, Harrison Agents Launceston — reproduced as published, not verified by Districts.
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