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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 $545,000 and this has changed 14.73% over the past year and changed 16.20% over 2 years.

The median rent in New Norfolk for houses is $555 per week and the median rental yield is 5.29%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 172 days.The median listing price for units is $425,000 and this has changed NA over the past year. The average unit takes 168 days to sell and the median rent for a unit in New Norfolk is $450 per week, producing a rental yield of 5.50%.

Supply & Demand in New Norfolk, Derwent Valley

NA

Current vacancy rate


0

Rental stock available


5,432

Population


30.35%

Rental population


NA

Current vacancy rate


0

Rental stock available


10,024

Population


21.43%

Rental population


NA

Current vacancy rate


0

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 $545,000 NA $425,000
Median price change - last quarter 4.57% NA -0.60%
Median price change - 1 year 14.73% NA NA
Median price change - 2 years 16.20% NA NA
  House Townhouses Units
Median weekly rent $555 NA $450
Median yield % 5.29% NA 5.50%
Median rent change - 1 year 19.35% NA 26.76%
  House Units
Previous month sales NA NA
Stock on market previous month NA NA
Stock variance vs. last year NA NA
Average days on market 172 168

New Norfolk investment property listings

Showing 5 of 171 investment properties found in New Norfolk on realestateinvestar.com.au

106 North Cres, New Norfolk

$560,000

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Relaxed Living with Room to Evolve

Positioned to capture the quiet charm and evolving appeal of New Norfolk, 106 North Crescent presents a home where comfort, simplicity and future potential come together effortlessly. Set on a generous parcel, the property offers a sense of space that immediately feels relaxed and liveable. ...

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House

TAS 7140


14 High St, New Norfolk

$800,000

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Premium Commercial Opportunity in the Heart of New Norfolk!

This outstanding commercial property offers a rare chance to secure a prime site in one of New Norfolk's most high-exposure corridors. Perfectly positioned in a thriving local economy, this single-level building presents exceptional potential for investors, business owners, or developers. ...

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Commercial

TAS 7140


5/34-54 Humphrey St, New Norfolk

$425,000

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Secure and Affordable Living in New Norfolk!

Welcome to your cozy corner of New Norfolk, where charm meets budget-friendly living! This delightful 2-bedroom unit is a rare find, offering everything you need without breaking the bank. Built in 2006, this snug abode features a separate lounge perfect for binge-watching or book-bingingyour ...

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Unit

TAS 7140


59 Montagu St, New Norfolk

$1,830,000

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Step into the Pages of History: The Enduring Legacy of Hallgreen

Amidst the whispering willows of the Derwent Valley, where time flows gently like the river beside it, stands a noble sentinel of Tasmania's storied past: Hallgreen - a name etched in heritage, reborn in elegance and class. First gracing the landscape in 1825, this Georgian masterpiece is no mere ...

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House

TAS 7140


24 Hazlewood St, New Norfolk

$630,000

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Expansive family home.

Step into a beautifully presented home designed for easy family living and effortless entertaining. Showcasing a light-filled open plan layout, the kitchen, dining and living area seamlessly come together, enhanced by a refined palette of neutral tones and a stylish, contemporary interior. Sliding ...

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House

TAS 7140


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