24 NORFOLK PARK ST New Norfolk, TAS 7140

New Norfolk, Central Highlands, TAS, 7140

$ 734,137

New Norfolk, Central Highlands, TAS, 7140
House and Land Investment Property in New Norfolk, TAS (3.9% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in New Norfolk, TAS (3.9% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 119

Details

Updated on Oct 12, 2026

Property Type: House and Land
Price: $ 734,137
Land Price: $ 255,000
Build Price: $ 479,137
Gross Per Week: $ 575
Gross Per Annum: $ 29,900
Gross Yield: 3.90 - 4.25%
Capital Growth 12 Months: 21.85%
10Yr Annualised Growth: 9.37%
Vacancy Rate: 0.66%
Property Size: 119 m2
Land Area: 569 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: 10 26
Property ID: 35797
SKU: 1045

Description

This House in New Norfolk has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.

New Norfolk, located in the scenic Derwent Valley, combines natural beauty with modern convenience. As Tasmania's second-oldest settlement, it retains a rich historic charm complemented by local amenities, schools, healthcare, and a vibrant community atmosphere. Its proximity to Hobart, just a 35 to 40-minute drive, makes it ideal for residents seeking peaceful living while remaining connected to the capital's opportunities. With a strong rental market and appealing lifestyle, New Norfolk stands out as one of Tasmania's most promising investment destinations.

Combining modern design, location and investment potential, this House in New Norfolk offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 24 NORFOLK PARK ST New Norfolk, TAS 7140
City Central Highlands
State TAS
Postcode 7140
Suburb New Norfolk
Estate NORFOLK PARK
Region West Coast

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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