2/305 Penquite Road, Norwood, TAS 7250 | Property Value & History | OnTheHouse
FOR SALE

2/305 Penquite Road
Norwood TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 641m2
This property is currently on the market
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Property Details for 2/305 Penquite Rd, Norwood

2/305 Penquite Rd, Norwood is a 4 bedroom, 2 bathroom House. The property has a land size of 641m2.This Property is currently listed for sale with The Agency Northern Tasmania

Building Type
House
Land Size
641m2
Local Government
Launceston
Lot/Plan
2/181354

Last Listing description (August 2026)

There's something special about coming home to the joys of a peaceful outlook over neighbouring paddocks, framed by the distant peaks of Ben Lomond. Tucked away at 2/305 Penquite Road, this family home offers the best of both worlds a peaceful setting with plenty of space, all while being just minutes from schools, shops and everything Norwood has to offer.Inside, you'll find four bedrooms, each with built-in wardrobes, giving everyone their own place to unwind. The home offers two well-appointed bathrooms, one being an ensuite with tiled finishes for easy care, while the kitchen is also tiled and perfectly positioned for everyday family living. Soft carpet throughout the living spaces and bedrooms adds warmth and comfort, making the home feel inviting from the moment you walk in.Designed with practicality in mind, there's plenty of extra storage tucked away throughout the hallways, along with a cleverly hidden laundry that keeps everything neat and out of sight. Outside there is a paved area, great for family barbecues, or simply enjoying a quiet afternoon, while those with a green thumb will appreciate the veggie garden, offering the chance to enjoy fresh produce straight from your own backyard.Parking certainly won't be an issue, with room for up to five or six vehicles, making it ideal for larger families, visitors, a caravan, trailer or extra toys.The property is conveniently located near Queechy High School, the senior campus of Scotch Oakburn, Norwood Primary School and Larmenier Catholic Primary School, and a short drive to the Kings Meadows Shopping Centre and the local IGA.Whether you're looking for room to grow, or simply a home where you can enjoy a quieter lifestyle without sacrificing convenience, this property delivers a warm, family-friendly feel throughout.

Property History for 2/305 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$520/w
16 Feb 2023
  • 29 Jul 2026
    Listed for Sale Offers Over $649,000
  • 31 Jan 2023
    Listed for Rent $520 / week
  • 13 May 2022
    Listed for Rent $500 / week
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About Norwood 7250

The size of Norwood is approximately 3.7 square kilometres. There are 10 parks, covering nearly 6.0% of the total area. The population of Norwood in 2016 was 3734 people. By 2021 the population was 3869 showing a population growth of 3.6% in the area during that time. The predominant age group in Norwood is 70-79 years. Households in Norwood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norwood work in a professional occupation.In 2021, 75.50% of the homes in Norwood were owner-occupied compared with 77.20% in 2016.

Norwood has 1,638 properties. Over the last 5 years, Houses in Norwood have seen a 47.29% increase in median value, while Units have seen a 47.86% increase. As at 31 July 2026:

  • The median value for Houses in Norwood is $756,420 while the median value for Units is $498,643.
  • Houses have a median rent of $595 while Units have a median rent of $408.
There are currently 5 properties listed for sale, and 1 property listed for rent in Norwood on OnTheHouse. According to Cotality's data, 73 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.