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 4.5% and has experienced a 12-month capital growth of Up 11.1%, with a median house buy price of $700,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$632,000
$641,000
$780,000
$700,000
Suburb Market Profile
Last month Norwood had 7 properties available for rent and 5 properties for sale. Median property prices over the last year range from $700,000 for houses to $458,500 for units. If you are looking for an investment property, consider houses in Norwood rent out for $590 PW with an annual rental yield of 4.5% and units rent for $475 PW with a rental yield of 5.0%. Norwood has seen an annual compound growth rate of 11.1% for houses and 1.3% for units.
Top Yielding Suburbs in TAS
Explore other high-yield positive cash flow investment markets in TAS