70 NORFOLK PARK ST New Norfolk, TAS 7140
New Norfolk, Central Highlands, TAS, 7140$ 713,488
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 119
Details
Updated on Jun 23, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 713,488 |
| Land Price: | $ 275,000 |
| Build Price: | $ 438,488 |
| Gross Per Week: | $ 575 |
| Gross Per Annum: | $ 29,900 |
| Gross Yield: | 4.01 - 4.37% |
| Capital Growth 12 Months: | 22.83% |
| Capital Growth 10 Year Annualised: | 9.37% |
| Vacancy Rate: | 0.43% |
| Property Size: | 119 m2 |
| Land Area: | 609 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | 05 26 |
| Property ID: | 29034 |
| SKU: | 1045 |
Description
This modern House in New Norfolk delivers a compelling opportunity for both investors and homeowners. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.
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
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68 NORFOLK PARK ST New Norfolk, TAS 7140
New Norfolk, Central Highlands, TAS, 7140ENQUIRE ABOUT THIS PROPERTY
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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