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 4.6% and has experienced a 12-month capital growth of Up 16.1%, with a median house buy price of $696,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$632,000
$635,000
$780,000
$696,500
Suburb Market Profile
Last month Norwood had 4 properties available for rent and 6 properties for sale. Median property prices over the last year range from $696,500 for houses to $452,000 for units. If you are looking for an investment property, consider houses in Norwood rent out for $585 PW with an annual rental yield of 4.6% and units rent for $460 PW with a rental yield of 4.7%. Norwood has seen an annual compound growth rate of 16.1% for houses and 0.4% for units.