NORWOOD 7250
State: TASPosiProp AI Investment Summary
NORWOOD (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.7% and has experienced a 12-month capital growth of Down -0.4%, with a median house buy price of $647,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$650,000
$615,600
$767,500
$647,500
Suburb Market Profile
Last month Norwood had 6 properties available for rent and 18 properties for sale. Median property prices over the last year range from $647,500 for houses to $450,000 for units. If you are looking for an investment property, consider houses in Norwood rent out for $578 PW with an annual rental yield of 4.7% and units rent for $395 PW with a rental yield of 4.9%. Norwood has seen an annual compound growth rate of -0.4% for houses and -1.1% for units.