273 Penquite Road, Norwood, TAS 7250 sold on 04 July 2025 | OnTheHouse
SOLD
Sold on 04 Jul 2025 for $650,000

273 Penquite Road
Norwood TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 1188m2
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Property Details for 273 Penquite Rd, Norwood

273 Penquite Rd, Norwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 1188m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Norwood in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
108m2
Land Size
1188m2
Local Government
Launceston
Lot/Plan
2/30925

Last Listing description (October 2025)

This well-presented home in the sought-after suburb of Norwood offers low-maintenance living in a quiet location.

2 good-sized bedrooms

Central bathroom with separate toilet

Light-filled living area with a brand new heat pump for year-round comfort

Neat and tidy kitchen with plenty of storage

Secure enclosed garage plus an additional off-street parking

Easy-care, low-maintenance yard

Conveniently located close to local schools, shops, parks, and just a short drive to Launceston CBD, this property is perfect for those seeking comfort and convenience.

Property History for 273 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$650,000
04 Jul 2025
Listed for Rent
$450/w
20 Oct 2025
  • 28 Sep 2025
    Listed for Rent $450 / week
  • 04 Jul 2025
    Sold for $650,000
  • 15 Apr 1991
    Sold for $108,900
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About Norwood 7250

The size of Norwood is approximately 3.7 square kilometres. It has 10 parks covering nearly 6.0% of 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 1,631 properties. Over the last 5 years, Houses in Norwood have seen a 60.09% increase in median value, while Units have seen a 53.53% increase. As at 31 October 2025:

  • The median value for Houses in Norwood is $658,015 while the median value for Units is $416,946.
  • Houses have a median rent of $570 while Units have a median rent of $390.
There are currently 8 properties listed for sale, and 1 property listed for rent in Norwood on OnTheHouse. According to Cotality's data, 66 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 7250

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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.