OFF MARKET

110A Station Road
Norwood TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 488m2
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Property Details for 110a Station Rd, Norwood

110a Station Rd, Norwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 488m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2014
Floor Size
104m2
Land Size
488m2
Local Government
Launceston
Lot/Plan
2/169513

Last Listing description (April 2023)

Introducing 110a Station Road, Norwood to the market that is a super neat, modern, low maintenance home that would make a smart investment for savvy investors, an ideal property for downsizers or the perfect first home. Currently tenanted at $410 per week until July, 2023. The current tenant looks after the property well and would be keen to stay at the property, In current market conditions Harcourts Launceston's rental department says the property could achieve between $430-$450 per week in rental income. The property has a spacious open plan living space, lovely neutral colour palate throughout, fully insulated, built-in wardrobes in the bedrooms, separate toilet and laundry, well positioned outdoor, under-cover deck, good storage, two outdoor garden sheds, vegie garden boxes, car-port and off-street parking space and NBN. Ideally located just a 3-minute drive to Norwood Primary School and Larmenier Catholic Primary School, or a 4-minute drive to Queechy High School and Scotch Oakburn College. Just a 2-minute drive to a Norwood IGA and 8 minutes from Launceston's CBD. Close to public transport, the Kings Meadows shopping precinct and the St Leonards sports complex. Great property!

Built: 2014
Building Size: 102m2

Land Size: 488m2
Council Rates: Approx. $1500 per year
Water Rates: Approx. $1100 per year
Currently Rented at: $410 per week
Lease End Date: July, 14th, 2023
Rental Appraisal: $430-$450 per week
Zoning: General Residential

**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.

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Property History for 110a Station Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$446,000
04 Mar 2023
Listed for Rent
$400/w
06 Jul 2021
  • 04 Mar 2023
    Sold for $446,000
  • 28 Feb 2023
    Listed for Sale Offers over $419,000
  • 25 Jun 2021
    Listed for Rent $400 / week
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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 1,632 properties. Over the last 5 years, Houses in Norwood have seen a 62.06% increase in median value, while Units have seen a 62.23% increase. As at 31 October 2024:

  • The median value for Houses in Norwood is $631,769 while the median value for Units is $416,985.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Norwood.

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