68 NORFOLK PARK ST New Norfolk, TAS 7140
New Norfolk, Central Highlands, TAS, 7140$ 724,378
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 131
Details
Updated on Jun 26, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 724,378 |
| Land Price: | $ 265,000 |
| Build Price: | $ 459,378 |
| Gross Per Week: | $ 575 |
| Gross Per Annum: | $ 29,900 |
| Gross Yield: | 3.95 - 4.31% |
| Capital Growth 12 Months: | 22.83% |
| Capital Growth 10 Year Annualised: | 9.37% |
| Vacancy Rate: | 0.43% |
| Property Size: | 131 m2 |
| Land Area: | 596 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | 05 26 |
| Property ID: | 29692 |
| 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 is a historic riverside town in Tasmania's Derwent Valley offering a relaxed lifestyle and increasing investor interest. The suburb provides local schools, shopping precincts and convenient road access to Hobart, supporting commuter demand. Continued regional growth and affordability are driving rental demand and attracting new residents. Investors are drawn to New Norfolk for its strong yields, lifestyle appeal and long term growth potential.
This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.
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.
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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.
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