243 Penquite Road, Norwood, TAS 7250 | Property Value & History | OnTheHouse
 
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243 Penquite Road
Norwood TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 219m2
Land area: 683m2
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Property Details for 243 Penquite Rd, Norwood

243 Penquite Rd, Norwood is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 683m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1950
Floor Size
219m2
Land Size
683m2
Local Government
Launceston
Lot/Plan
10/24507

Last Listing description (January 2024)

Tucked away from the bustling world, this remarkable property on Penquite Road offers an extraordinary blend of serene living and central convenience. As you step inside, the hustle and bustle of daily life will melt away, and you'll find yourself immersed in a world of unexpected tranquillity.

A Scenic escape perched in a coveted position overlooking the Norwood/St. Leonards Valley, this home boasts breathtaking, uninterrupted views towards the east. Your backyard is a sprawling expanse of farmland, providing a sense of space and privacy without the hassle of maintenance. Sunlight graces this home throughout the day, with the morning rays streaming through the decking area, making it the perfect place to start your day. The landscaped grounds surrounding offer a beautiful setting to add to this oasis in the city feel.

The well-thought-out layout of this home is an entertainer's dream. It's perfect for hosting gatherings with friends and family, offering an inviting atmosphere that complements the stunning surroundings. The open plan kitchen, living, dining has a feature Myrtle lined timber vaulted ceiling that adds character and style. There is another bathroom and huge rumpus or bedroom under, could be easily converted to a self-contained flat with minor works. Garage storage plus dual car port off street means plenty of parking options.

All-Season Comfort For those colder months, an amazing feature cast iron fireplace becomes the heart of the home, creating a cozy, ambient setting for unforgettable evenings. And when the weather warms up, the reverse-cycle air conditioning throughout the home ensures your comfort, no matter the season.

This property is incredibly central. It's mere minutes from Launceston's bustling CBD, making your daily commute a breeze. Plus, the local amenities are at your fingertips, with schools, shops, and recreational facilities all within easy reach at Newstead, Kings Meadows, or St. Leonards, Norwood itself has schools and shops within a 2-3min drive too.

Don't miss the opportunity to make Penquite Road your new address. This property offers the best of both worlds, a haven of unexpected tranquillity within reach of the conveniences you need. Contact us today to experience this exceptional lifestyle for yourself. Your dream home is waiting!

Rent: Up To $550 p/w
House size: 219m2
Land size: 686m2
Built: 1950
Rates: $1760 Approx.
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.

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Property History for 243 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$650,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $650,000
  • 30 Oct 2023
    Listed for Sale Best Offer Over $639,000
  • 25 Aug 1986
    Sold for $62,000
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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 4 properties listed for sale, and no properties listed for rent in Norwood on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Norwood.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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