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Investment Property New Norfolk, TAS, 7140

Suburb Snapshot

New Norfolk is a suburb in the Derwent Valley Region of Tasmania. New Norfolk has a population of 5,432 people and 30.35% of its occupants live in rental accommodation. The median listing price for houses is $495,000 and this has changed 2.06% over the past year and changed 18.13% over 2 years.

The median rent in New Norfolk for houses is $450 per week and the median rental yield is 4.72%. Stock on the market for houses/townhouses has changed 25.86% compared to last year and the average time to sell a house/townhouse is 123 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 112 days to sell and the median rent for a unit in New Norfolk is $350 per week, producing a rental yield of NA.

Supply & Demand in New Norfolk, Derwent Valley

0.66%

Current vacancy rate


19

Rental stock available


5,432

Population


30.35%

Rental population


0.42%

Current vacancy rate


24

Rental stock available


10,024

Population


21.43%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for New Norfolk, Derwent Valley

  House Townhouses Units
Median listing price $495,000 $470,000 NA
Median price change - last quarter 2.06% -3.10% NA
Median price change - 1 year 2.06% 8.04% NA
Median price change - 2 years 18.13% 25.33% NA
  House Townhouses Units
Median weekly rent $450 NA $350
Median yield % 4.72% NA NA
Median rent change - 1 year 1.12% NA -2.78%
  House Units
Previous month sales 0 0
Stock on market previous month 73 1
Stock variance vs. last year 25.86% -66.67%
Average days on market 123 112

New Norfolk investment property listings

Showing 5 of 88 investment properties found in New Norfolk on realestateinvestar.com.au

20 Andrews St, New Norfolk

$445,000

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Neat, Tidy and Ideally Located!

Welcome to this charming and well maintained 3-bedroom weatherboard home. Each bedroom is adorned with built-in robes, providing plenty of storage. The main bathroom boasts a separate bath, shower, vanity, and toilet, ensuring convenience for all occupants. To maximize space efficiency, the ...

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TAS 7140


1-3/92 Benjamin Tce, New Norfolk

$495,000

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Currently under construction.

Experience contemporary living in the heart of New Norfolk with these brand-new units set for completion in July 2024. These spacious three-bedroom, two-bathroom units offer modern elegance and convenience, perfect for first-time buyers, investors, or retirees. Designed for comfort and ...

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TAS 7140


4 Sadri Ct, New Norfolk

$630,000

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Immaculate spacious family home in the gorgeous New Norfolk town

Introducing 4 Sadri Court, New Norfolk - an immaculate 3-bedroom home nestled in the beautiful New Norfolk valley. This stunning property offers a range of features that make it the perfect choice for down-sizers, first-time homebuyers, or growing families. As you step inside, you'll be impressed ...

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House

TAS 7140


36 Fairfax Tce, New Norfolk

$420,000

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Ready to Love New Owners

Set on a 711m2 level block 3 Bedrooms (Master with built ins) Built in 1971 Low maintenance vinyl cladding New aluminium windows Renovated bathroom walk in shower Dining area adjacent to kitchen Separate living space Fully fenced front and rear yards Carport 3 Garden sheds Green house Presents ...

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TAS 7140


10 Lachlan Rd, New Norfolk

$630,000

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Family Oriented with Space to Entertain!

Built in 1989, this exceptional brick veneer home is situated on a huge 2980m2 block of land. It is located less than 2 kilometres from the heart of New Norfolk yet has a country feel with lovely bush views. The home boasts beautiful timber finishes including solid timber doors, pine ceilings in ...

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TAS 7140


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