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70 NORFOLK PARK ST New Norfolk, TAS 7140
New Norfolk, Central Highlands, TAS, 7140$ 734,835
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 131
Details
Updated on Jun 23, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 734,835 |
| Land Price: | $ 275,000 |
| Build Price: | $ 459,835 |
| Gross Per Week: | $ 575 |
| Gross Per Annum: | $ 29,900 |
| Gross Yield: | 3.89 - 4.25% |
| Capital Growth 12 Months: | 22.83% |
| Capital Growth 10 Year Annualised: | 9.37% |
| Vacancy Rate: | 0.43% |
| Property Size: | 131 m2 |
| Land Area: | 609 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | 05 26 |
| Property ID: | 29039 |
| SKU: | 1045 |
Description
Situated in the thriving suburb of New Norfolk, this House presents an excellent opportunity for modern living and investment. With 3 bedrooms, 2 bathrooms and 2 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.
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.
With its blend of lifestyle appeal and investment strength, this House in New Norfolk is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.
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
Address
Open on Google Maps
Address
70 NORFOLK PARK ST New Norfolk, TAS 7140
City
Central Highlands
State
TAS
Postcode
7140
Suburb
New Norfolk
Estate
NORFOLK PARK — New Norfolk
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68 NORFOLK PARK ST New Norfolk, TAS 7140
New Norfolk, Central Highlands, TAS, 7140
House and Land
ENQUIRE 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
