SOLD
Sold on 21 Nov 2023 for $595,000

261 Penquite Road
Norwood TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 801m2
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Property Details for 261 Penquite Rd, Norwood

261 Penquite Rd, Norwood is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 801m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Norwood in the last 12 months.

Building Type
House
Year Built
1952
Floor Size
122m2
Land Size
801m2
Local Government
Launceston
Lot/Plan
1/161854

Last Listing description (November 2023)

Circa 1952, this charming property is pretty as a picture and presents a fabulous opportunity in the market! This delightful home has been freshly painted inside and having undergone a full renovation in 2011, offers a perfect haven for families or couples seeking a blend of contemporary living and mid-century charm. Featuring 3 bedrooms all with built in robes, a modern kitchen, 2 bathrooms and spacious living area, this home is perfectly positioned to capture all day sun with stunning views overlooking the mountains, North Esk river and the rolling rural hills.

Features include:
• Light filled living area with Reverse Cycle Airconditioning

• 3 good sized bedrooms – all with built in robes & panel heaters
• Spacious kitchen/dining with fabulous vista views from large picture windows
• Main bedroom with convenience of an ensuite
• Double carport
• Sweeping views of the mountains, rolling rural hills & North Esk river
• Modern bathroom with large walk-in shower
• NBN connected
• Established gardens on a generous 801m2 block
Situated in sought after Norwood, conveniently only 700m from the award-winning Norwood IGA, and close to local schools, parks and public transport.

Council rates: $442 p/q approx.
Water rates: $290 p/q approx.
Building size: 122m2 approx.
Land size: 801m2 approx.
Rental estimate: $580 - $600 per week

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 261 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$595,000
21 Nov 2023
Listed for Rent
$350/w
01 May 2014
  • 21 Nov 2023
    Sold for $595,000
  • 10 Nov 2023
    Listed for Sale Not Disclosed
  • 01 Mar 2014
    Listed for Rent - Price not available
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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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