Derwent Valley TAS 7140
Derwent Valley TAS 7140$ 702,488
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 120
Details
Updated on Oct 06, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 702,488 |
| Land Price: | $ 275,000 |
| Build Price: | $ 427,488 |
| Gross Per Week: | $ 600 |
| Gross Per Annum: | $ 31,200 |
| Gross Yield: | N/A |
| Capital Growth 12 Months: | 21.85% |
| 10Yr Annualised Growth: | 9.37% |
| Vacancy Rate: | 0.65% |
| Property Size: | 120 m2 |
| Land Area: | 609 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | |
| Property ID: | 39787 |
| SKU: | 1065 |
Description
House & land investment property in New Norfolk. This single-storey 3-bedroom, 2-bathroom turn-key package offers 120 m2 of build on a 609 m2 lot, with a double garage and 20mm stone benchtops, double-glazed windows, a split system to the living area and master bedroom, 2590mm ceilings and turn-key landscaping, fencing and blinds.
New Norfolk is the main town of the Derwent Valley, around 35 km north-west of Hobart. It offers schools, shops, health services and riverside parklands, with road access along the Lyell Highway to greater Hobart.
This house & land package is offered at $702,488 (land $275,000, build $427,488), with a rental appraisal of up to $600 per week.
A single-storey home with 3 bedrooms, open-plan living and a double garage appeals to couples, small families and professionals, supporting steady rental demand.
For investors, Tasmania's tight rental market, low vacancy rates and forecast housing undersupply support long-term rental demand, making a new home in greater Hobart's Derwent Valley a low-maintenance addition to an investment portfolio.
Features
- 2 Car
- Single Storey
- 3 Bed
- 2 Bath
- House & Land
- Turn-Key
- Double Glazing
Inclusions
- stone benchtops
- carpet to bedrooms
- Fencing
- Stone benchtops
- Double garage
- 600mm induction cooktop
- 600mm stainless steel canopy rangehood
- Digital TV antenna
- Clothesline
- Stainless steel dishwasher
- Carpet to bedrooms
- Gooseneck kitchen sink mixer
- 600mm electric built-in oven
- Double glazing
- Tiled splashback
- Laminate flooring to main areas
- Split system air conditioning to living and master bedroom
- Remote control sectional garage door
- 2590mm ceiling height
- Window coverings throughout
- Tiled shower bases
- Landscaping
- Letterbox
- 6-star energy rating
- Natural concrete driveway
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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Read More »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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract
