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Sold on 28 May 2024 for $700,000

31 Sandown Road
Norwood TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 119405m2
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Property Details for 31 Sandown Rd, Norwood

Building Type
Land
Land Size
119405m2

Last Listing description (May 2024)

Presenting a truly unparalleled opportunity: Welcome to 31 Sandown Road, Norwood. This expansive landholding, enveloping nearly 30 acres, beckons you to envision the creation of a 2-acre dream home sanctuary, pending the requisite council approvals. It stands as a remarkable discovery, offering a lifestyle allocation in a prime locale that unfolds a canvas of boundless potential.

What distinguishes this property is the tranquil embrace of the North Esk River, which gracefully meanders for over a kilometer along its border. The perpetual flow of this captivating river imparts an almost mystical quality to the landscape, truly elevating it into a genuine masterpiece of natural beauty. Significantly, the river serves as an idyllic backdrop for those who relish fishing, kayaking, and swimming, particularly during the warmer seasons.

Noteworthy enhancements encompass upgraded perimeter fencing, the integration of stockyards capable of accommodating up to 20 cattle, and meticulously cultivated plantings along the riverbank. Furthermore, two strategically positioned sheds stand ready to house equipment and machinery. The land's versatility extends to accommodate livestock, hobby farming, or cater to equestrian pursuits, with five paddocks served by mains-supplied water. Among these, the two primary paddocks boast a blend of pasture grasses, offering boundless possibilities to the fortunate new steward.

The property has been thoughtfully divided into seven distinct areas, with unmetered town water supplied to stock troughs in the five principal paddocks. The western primary paddock is fortified with wallaby-proof fencing on one side, while electric fencing graces the riverside boundary.

Situated in a location of undeniable distinction, this property rests in close proximity to esteemed school catchments, the vibrant city center, and the lively pulse of Launceston. It embodies a harmonious fusion of nature and convenience. We are thrilled to serve as your guides through this exceptional property, unveiling its myriad attributes. This is truly a once-in-a-lifetime opportunity. Do not let it slip away-lay claim to your own piece of paradise at 31 Sandown Road, Norwood. Reach out to us for further details and to arrange a personal viewing experience.

Property History for 31 Sandown Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$700,000
28 May 2024
  • 28 May 2024
    Listed for Sale Offers over $945,000
  • 28 May 2024
    Sold for $700,000
  • 01 Nov 2023
    Listed for Sale Not Disclosed
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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 1,633 properties. Over the last 5 years, Houses in Norwood have seen a 63.60% increase in median value, while Units have seen a 65.12% increase. As at 30 November 2024:

  • The median value for Houses in Norwood is $629,872 while the median value for Units is $433,070.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 3 properties listed for sale, and 1 property listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 7250

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Michael Dearsley
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Tom Harrison
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Harrison Agents 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.