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 › Kensington Gardens
$650,000
Last sold
2 Oct 2023
4
Bedrooms
3
Bathrooms
4
Car spaces
701 m²
Land
176 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
2 Oct 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 Harcourts LauncestonThis lovely family home nestled in the sought-after neighbourhood of Kensington Gardens in Norwood has been thoughtfully renovated to feature a delightful contemporary kitchen and three impeccable bathrooms. It now also boasts a spacious 8.6KW solar power system with 20 panels, offering both eco-conscious living and cost savings.
Situated on the edge of the Punchbowl Reserve, in a tranquil cul-de-sac, this home provides a serene escape while still being just an 8-minute drive to Launceston's CBD and close to local shops. It is the perfect blend of modern convenience, outdoor living and proximity to nature.
Key features:
• Large 20 panel 8.6KW solar power system - A great time to be reducing your power bills
• A charming 1975 renovated family home, surrounded by lush trees & foliage
• Low maintenance, brick and tile construction
• Located in the highly desired Kensington Gardens, nestled in a tranquil cul-de-sac bordering Punchbowl Reserve
• Versatile outdoor living options with a generous deck connected to the main living area and paved entertainment spaces in the backyard
• Contemporary kitchen features built-in casual dining/extra bench space, dishwasher and walk-in pantry
• Spacious sunny living spaces include an upper lounge & rumpus below with options for a home gym, studio etc
• 4 Well-appointed bedrooms (3 on the upper level & an extra-large ground-level bedroom with sitting area)
• 3 Updated bathrooms, consisting of 2 ensuites and a main bathroom with a separate toilet
• Enhanced comfort with reverse cycle air conditioning for climate control
• Thoughtfully designed established gardens requiring minimal water, upkeep and vegetable plots
• Double remote-controlled garage and extra workshop space/storage
• Fully fenced backyard, providing a safe environment for children and pets to play
• Proximity to numerous scenic walking trails surrounding Punchbowl Reserve, perfect for nature enthusiasts
• Close to Kings Meadows shops, supermarkets & all city conveniences
• Short distance to quality public and private schools, as well as the Launceston Golf Club
• Just an 8 minute drive to Launceston's CBD & 13 minutes to Launceston Airport
Contact Jeremy Wilkinson & Nav Kaur for further information.
Rental estimate: Up to $700 pw
House size: 176 sqm
Land size: 701 sqm
Built: 1975
Council rates: $1,950 pa approx.
Council: Launceston
Council Zoning: General Residential
Heritage listed: No
**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 Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.
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