Real Estate Appraisal Norwood Tasmania 7250

How Much is my Home Worth in Norwood?

On January 2, 2019, the median price for a house in Norwood was $360,000. On the same date, the median price of a unit was $274,000. To date, there have been 69 houses sold and 4 units sold this year. Of all the house sales 33 were 3 bedroom houses. The DSR or Demand to Supply Ratio rates an investment in a house as good. A good rating indicates that demand for houses is ahead of supply but only marginally in Norwood. Vendors are typically getting their asking price. This is a good market for investors. You can expect capital growth to be ahead of the national average.
The 12-month capital growth in Norwood is at 6.02% for houses and 14.07% for units. The average annual capital growth is 2.45% for houses and 4.29% for units. It takes on average approximately 58 days to sell a house and 138 days to sell a unit.
House prices and weekly rent returns in Norwood

  • 3 bedroom house $346,000 Rent per week $350
  • 4 bedroom house $425,000 Rent per week No Data

Unit prices and weekly rent returns in Norwood

  • 2 bedroom unit No Data Rent per week $270

The gross rental yield is 5.06% for houses and 5.12% for units.

Free Real Estate Appraisal Norwood

Are you contemplating selling your home or unit? Or, do you own an investment property you want to know the market value? Our property appraisal team provides a free property appraisal of homes, units or land. We base our market price on recent sales history. We also factor in the location of schools, shops, and amenities. We will present a professional report as to the current value of your home.
Real estate appraisal Norwood Tasmania 7250

Free Rental Appraisal Norwood

Are you moving and want to rent ou your home? Or, do you own an investment property and need the services of a property manager? Our property management team manage multiple properties. The will give you a free and accurate appraisal of your expected weekly rental return. Our staff uses the latest software to perform routine inspections, collect the rental fee and maintain your property. Each landlord receives full tax accounting documentation in a format of your choice.

Property Valuation Norwood

Are you aware there is a difference between a property appraisal and a property valuation? If for some legal reason you need your property valued then you must engage the services of a registered valuer. This service will come with a see. Appraisals can be performed by a licenced real estate agent. In this case, our appraisers will do this for free.
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