Taroona at a glance
3,112
People
$935,000
Median sale
$568/wk
Median rent
3.16%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
TAS › Taroona › Norwood Ave
$770,000
Last sold
4 Apr 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
865 m²
Land
135 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
$770,000
4 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Taroona (last 5 years) with land size have a median of $1,340/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Taroona at a glance
3,112
People
$935,000
Median sale
$568/wk
Median rent
3.16%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Taroona
-17.6%
Median sale
Suburb $935,000
+0.68 pp
Gross yield
Suburb 3.16%
Suburb median $935,000 from 13 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 $568/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
Taroona at a glance
3,112
People
$935,000
Median sale
$568/wk
Median rent
3.16%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts HobartWhat a fantastic opportunity to buy in popular Taroona! This is a spacious home on one level with lovely character features, large and private, flat block of land, and so conveniently close to shops, schools and Hinsby and Taroona beaches.
With 1950s-character features such as a wide hallway, Tasmanian oak floorboards, rustic open fireplace, high ceilings and original timber skirting and door frames, you will love how homely the place feels.
The floor plan is open, with a modern flow, and provides a perfect canvas for you to refurbish and add your own touch when you're ready. But for now, it's perfectly neat as a pin and comfortable so you can move straight in with no work to do.
There is a lease in place until 30th August 2024 to a long-standing tenant of around ten years, currently paying $535 per week.
The western facing windows have been double glazed to keep the heat in and cold out, and there is a reverse cycle air conditioner to keep the temperature controlled in all seasons.
The bedrooms are spacious, private and each have a bushy outlook from this fully fenced private block that's perfect for pets and children to play safely.
There are some water glimpses through the trees from the kitchen and a separate sunroom can be used as a study or sleepout.
Unwind with a good book and soak up the birdsong, warming sun, and enjoy outlooks of the iconic River Derwent from the peaceful, ever so quiet, and tranquil rear deck.
The double brick garage with power, lights and a high roof could be used as a studio, workshop, or to store all your equipment and toys.
There are beautiful bush and coastal trails nearby, and you can walk to a couple of lovely beaches, sports ovals, and the immensely popular Taroona High and Primary schools without crossing any busy roads. Its location is within 15 minutes' drive to the CBD, private schools, and 8kms to everything that prestigious and vibrant Sandy Bay has to offer - adding to the unbeatable convenience this property offers.
Council Rates: $2,044.00 per annum (approx.)
Water Rates: $1,350.00 per annum (approx.)
Rental Estimate: $550 - $580 per week (approx.)
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Listing description written by Colin Miller, Harcourts Hobart — reproduced as published, not verified by Districts.