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

305 Penquite Road
Norwood TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 136m2
Land area: 1574m2
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Property Details for 305 Penquite Rd, Norwood

305 Penquite Rd, Norwood is a 3 bedroom, 2 bathroom House and was built in 2019. The property has a land size of 1574m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
House
Year Built
2019
Floor Size
136m2
Land Size
1574m2
Local Government
Launceston
Lot/Plan
4/17826

Last Listing description (August 2021)

UNDER CONTRACT

- 3 good sized bedrooms, main with ensuite and a whole dressing room, or this could be used as a study as well
- 2 living areas, one huge lounge room and the other in the open plan kitchen, dining and living area.

- Heated by wood heating and two heat pumps
- 8 Solar panels providing efficient and affordable electricity
- Separate solar hot water system!
- Main bathroom has both a shower and bath ideal for a family with little ones
- Solid carport to keep your car under cover and protected
- Shed, workshop, mancave, studio.... plenty of options for this area!!!
- Deck off the second living area
- Enough backyard to enjoy whilst also being a manageable size!
- The front land could potentially offer further development opportunity, STCA.
- Extremely private from the road as it is set far back from Penquite road.
- Quality primary and secondary local schools nearby as well as parks, shops, the Kings Meadows shopping district, public transport and only a 7 minute drive to the Launceston CBD.

AGE: 1954
LAND SIZE: 937m2 approx
BUILDLING SIZE: 147m2 approx
RENTAL ASSESSMENT: Approx $480 - $500 per week

Disclaimer:
One Agency Launceston has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.

Property History for 305 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$212,000
19 Sep 2012
  • 01 Aug 2021
    Listed for Sale Best offer over $410,000
  • 19 Sep 2012
    Sold for $212,000
  • 07 Sep 2012
    Listed for Sale $229,000
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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 58.02% increase in median value, while Units have seen a 63.61% increase. As at 30 November 2025:

  • The median value for Houses in Norwood is $662,671 while the median value for Units is $454,634.
  • 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, 67 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.