70 NORFOLK PARK ST New Norfolk, TAS 7140

New Norfolk, Central Highlands, TAS, 7140

$ 744,920

New Norfolk, Central Highlands, TAS, 7140
70 NORFOLK PARK ST New Norfolk, TAS 7140-0

Property Images

70 NORFOLK PARK ST New Norfolk, TAS 7140-0

Overview

Property ID: LA-24589

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 158

Details

Updated on May 22, 2026 at 12:46 am

Property Type: House and Land
Price: $ 744,920
Land Price: $ 275,000
Build Price: $ 469,920
Gross Per Week: $ 625
Gross Per Annum: $ 32,500
Gross Yield: 4.19 - 4.54%
Capital Growth 12 Months: 22.83%
Capital Growth 10 Year Annualised: 9.37%
Vacancy Rate: 0.43%
Property Size: 158 m2
Land Area: 609 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Titles estimated 05 26
Property ID: BP-1143918
SKU: 1045

Features

  • Stainless Steel Appliances
  • Vinyl flooring throughout
  • Reverse cycle air-conditioning to all bedrooms
  • LED downlights throughout
  • Driveway, fencing, garden taps and crossover
  • Clothesline, letterbox, antenna, and window furnishings
  • Site works and standard construction costs included
  • Alfresco optional

Description

Located in New Norfolk, this House is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 2 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

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.

Designed to perform in today's rental market, this House in New Norfolk combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

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

floor_plan.png
Address 70 NORFOLK PARK ST New Norfolk, TAS 7140
City Central Highlands
State TAS
Postcode 7140
Suburb New Norfolk
Estate Norfolk Park

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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

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