OFF MARKET

59 Norwood Avenue
Norwood TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 133m2
Land area: 697m2
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Property Details for 59 Norwood Ave, Norwood

59 Norwood Ave, Norwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 697m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in January 2004.

Building Type
House
Year Built
1957
Floor Size
133m2
Land Size
697m2
Local Government
Launceston
Lot/Plan
22/60093

Last Listing description (November 2023)

Welcome to 59 Norwood Avenue, a hidden gem. Nestled in this charming suburb, we present to you a remarkable opportunity - a neat and tidy 3-bedroom, 1-bathroom brick home that epitomizes comfort, convenience, and potential. Whether you're a first-time homebuyer, savvy investor, or a visionary builder/developer looking to expand, this property ticks all the right boxes.

This home boasts a classic brick construction, showcasing timeless style and durability. Updated roofing, windows, bathroom, and more hard work already done here. Good reverse cycle air conditioning, updated bathroom and a clean white paint job complete the fresh feeling interior.

Situated in the highly sought-after Norwood area, looking toward the golfing fairways, this property offers easy access to an array of local amenities. Within walking distance, you'll find reputable schools like Norwood Primary, Queechy High and Scotch Oakburn College. Tranquil parks including Punchbowl Reserve and charming cafes, ensuring a vibrant community experience for families and individuals alike. Sports clubs (Soccer, Tennis, Netball) close by at Newstead and the Launceston City Golf Club a stone's throw. The suburb's strong sense of community and the nearby conveniences make it an ideal choice for those looking to settle down in a family-friendly environment.

For investors, Norwood presents an excellent opportunity for growth and rental demand. With its close proximity to the CBD, this property appeals to tenants seeking the perfect balance between peaceful suburban living and easy access to urban needs. The potential for strong rental returns and capital appreciation make this an attractive prospect for your investment portfolio.

Builders and developers, take note of the flat backyard and great driveway access that accompanies this property. With the appropriate approvals, you have the potential to construct an additional unit, maximizing the property's value and increasing your investment opportunities. Imagine the possibilities of creating a modern granny flat, a unit or townhouse - the choice is yours!

Norwood's excellent connectivity to the CBD ensures a hassle-free commute for professionals and city enthusiasts. With major transport links, including buses and nearby highways, reaching your workplace or exploring the vibrant city attractions becomes a breeze.

Don't miss out on this rare opportunity to secure your dream home, expand your investment portfolio, or embark on a lucrative development project. Contact us today to schedule a viewing and discover the limitless potential awaiting you in Norwood, Tasmania. Act now and unlock the future you've been envisioning!

Rent Appraisal: Up to $470 Per Week
House size: 110m2
Land size: 708m2
Built: 1957
Rates: TBA
Council Zoning: Residential
Council: City Of Launceston
Heritage listed: No

**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 59 Norwood Ave, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$139,000
02 Jan 2004
Listed for Rent
$410/w
24 Oct 2023
  • 03 Jul 2023
    Listed for Sale Best Offer Over $479,000
  • 04 May 2023
    Listed for Rent $410 / week
  • 28 May 2018
    Listed for Rent $290 / 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 1,625 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.