224 Penquite Road, Norwood, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

224 Penquite Road
Norwood TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 182m2
Land area: 875m2
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Property Details for 224 Penquite Rd, Norwood

224 Penquite Rd, Norwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 875m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1962
Floor Size
182m2
Land Size
875m2
Local Government
Launceston
Lot/Plan
1/40153

Last Listing description (September 2024)

Positioned to receive great natural light throughout the day, this spacious three bedroom solid brick home will tick boxes for investors or owner occupiers.

Entering the home you walk into a large entry hallway, with two linen closets for storage. The three bedrooms off to the left hand side are spacious and have built in wardrobes. For convenience, the bathroom and toilet are separate and there is a laundry at the back of the home.

The kitchen will receive great natural light throughout that day and has some updated appliances. The dining and lounge lead onto a sunny balcony, perfect for the entertainer. There is an additional living area separated by double doors which could be utilized for a variety of uses like a fourth bedroom, office or a second living area.

There is a mixture of polished floorboards and carpet throughout the home and under the house is a large double garage with a second toilet. The backyard is a great green space, perfect for kids and pets.
Well located close to schools, shopping facilities and public transport, you'll definitely want to inspect this one!

For more information, call Duncan Morrison at Ray White Launceston today.

Please note that these photos were taken prior to the existing lease and an in person inspection is always recommended.

*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 224 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$565,000
13 Aug 2024
Listed for Rent
$450/w
29 Nov 2021
  • 13 Aug 2024
    Sold for $565,000
  • 24 Jul 2024
    Listed for Sale Offers Over $589,000
  • 19 Sep 2019
    Listed for Rent - Price not available
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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, 75 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.