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Sold on 29 Oct 2024 for $450,000

238 Penquite Road
Norwood TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 160m2
Land area: 673m2
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Property Details for 238 Penquite Rd, Norwood

238 Penquite Rd, Norwood is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 673m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Norwood in the last 12 months.

Building Type
House
Floor Size
160m2
Land Size
673m2
Local Government
Launceston
Lot/Plan
7/51390

Last Listing description (October 2024)

This 1960's brick home is in a great position and would ideally suit first home buyers, families, investors or renovators looking for a property to flip for profit. A spacious lay-out with sunny and bright aspect and located close to schools, shops, public transport and all amenities. Boasting three bedrooms with built-in wardrobes, timber flooring throughout, separate toilet and laundry, large back-yard, fully fenced for children and pets, garage with extra storage and workshop space. Potential Plus!

Built: 1963
Land Size: 673m2

Building Size: 160m2
Council Rates: Approx. $1800 per year
Water Rates: Approx. $1100 per year
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**

Property History for 238 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$450,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $450,000
  • 14 Oct 2024
    Listed for Sale Offers Over $399,000
  • 23 May 2009
    Listed for Sale OFFERS OVER $245,000
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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 1,632 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, 72 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 7250

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Contact agent
Shelley Spencer
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Harcourts Launceston
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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.