OFF MARKET

1/13-15 Lenstan Street
Norwood TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 232m2
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Property Details for 1/13-15 Lenstan St, Norwood

1/13-15 Lenstan St, Norwood is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 232m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1981
Floor Size
84m2
Land Size
232m2
Local Government
Launceston
Lot/Plan
1/57878

Last Listing description (July 2022)

Introducing unit 1/13-15 Lenstan Street, Norwood. This property is located in a great position in a flat and quiet street, perfect for downsizers. There are 4 units in the complex and unit one boasts a spacious living space, two good sized bedrooms with built in wardrobes, separate laundry and toilet, new reverse cycle heat pump and two parking spots; a car-port and car-pad. The 1981 masonry brick build would also make for a fantastic investment opportunity and is sure to be highly desired by a wide demographic looking for a low maintenance home to rent in a lovely suburb. A short stroll to the Norwood IGA, public transport and Queechy High School, there is convenience at every turn. Just 10 minutes from Launceston's CBD, this would be a smart investment.

* Built: 1981

* Land Size: 232m2
* Building Size: 84m2
* Council Rates: Approx. $1200 per year
* Water Rates: Approx. $1000 per year
* Rental Estimate: $360-$380 per week
* No Body Corporate

***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.

Property History for 1/13-15 Lenstan St, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$365,000
30 May 2022
  • 30 May 2022
    Sold for $365,000
  • 23 May 2022
    Listed for Sale Offers over $349,000
  • 30 Mar 2010
    Sold for $220,000
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About Norwood 7250

The size of Norwood is approximately 3.7 square kilometres. It has 10 parks covering nearly 6% of total area. The population of Norwood in 2011 was 3,794 people. By 2016 the population was 3,757 showing a population decline of 1.0% in the area during that time. The predominant age group in Norwood is 60-69 years. Households in Norwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 78.5% of the homes in Norwood were owner-occupied compared with 77.2% in 2016.

Norwood has 1,625 properties. Over the last 5 years, Houses in Norwood have seen a 71.77% increase in median value, while Units have seen a 61.19% increase. As at 31 August 2024:

  • The median value for Houses in Norwood is $632,690 while the median value for Units is $406,120.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 6 properties listed for sale, and no properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Norwood.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.