Norwood
Suburb profile, market snapshot and recent listings for Norwood, TAS 7250.
About Norwood
Welcome to Norwood
Market snapshot
Norwood property market
Median sale price
$620k
House · 3 bed
Median rent
$570
per week
Gross rental yield
4.8%
annual rent ÷ sale price
Typical price range
Entry
$511k
Median
$620k
Premium
$786k
Days on market
11
Auction clearance
0%
Sold this year
37
Median sold price trend · House 3 bed
Compound growth +3.0% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Norwood by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Norwood, TAS 7250.
Population
3,869
residents (2021)
Median age
48
years
Household income
$1,440
median, per week
Median rent
$320
per week
Median mortgage
$1,343
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Norwood
Government school catchment
Recent results
Recently sold in Norwood
$1.79m
7 Carrera Place
Sold ~July 2026
$445k
4/13-15 Lenstan Street
Sold ~July 2026
$1m
8 Davista Drive
Sold ~July 2026
$403k
1/15-17 Hilton Place
Sold ~July 2026
$640k
108 Station Road West
Sold ~July 2026
$745k
3 Bertland Court
Sold ~June 2026
$650k
20 Pegema Place
Sold ~June 2026
$475k
2/30 Rossmoyne Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Norwood
Compare the area
Price map around Norwood
Every listing for sale near Norwood, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Norwood suburb FAQ
What is the median property price in Norwood?
The median house price in Norwood, TAS is $620k for a 3-bedroom home. Over the past year, median sold prices have risen about 6.9%.
How much is rent in Norwood?
The median weekly rent in Norwood is around $570 per week.
Is Norwood a good place to live?
Norwood is a residential locality in the local government area (LGA) of Launceston in the Launceston LGA region of Tasmania. Norwood is an established residential suburb in TAS, with a population of around 3,869 and 2 schools in the area.
What is the population of Norwood?
Norwood has a population of 3,869 (ABS 2021 Census), with a median age of 48.
What schools are in Norwood?
There are 2 schools in or near Norwood, including Norwood Primary School and Queechy High School.
How long do homes take to sell in Norwood?
Properties in Norwood take around 11 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Norwood?
Entry-level properties in Norwood start around $511k, while premium homes reach $786k.
What suburbs are near Norwood?
Suburbs near Norwood include Punchbowl, South Launceston, Newstead, Kings Meadows and Prospect.
Available now