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Lot 29 - 31 Benjamin Terrace - New Norfolk
New Norfolk, River Derwent , TAS, 7140$ 540,000
Overview
Property ID: LA-15655
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 128
Details
Updated on Jun 26, 2025 at 08:01 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 540,000 |
| Land Price: | $ 220,000 |
| Build Price: | $ 320,000 |
| Gross Per Week: | $ 575 |
| Gross Per Annum: | $ 29,900 |
| Gross Yield: | 5.54% |
| Capital Growth 12 Months: | -2.08% |
| Capital Growth 10 Year Annualised: | 6.95% |
| Vacancy Rate: | 0.30% |
| Property Size: | 128 m2 |
| Land Area: | 547 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | Registered |
| Property ID: | 15655 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Take advantage of a rare opportunity to secure land located in the historic township of New Norfolk. Positioned in a peaceful pocket off Back River Road, these cleared, near-level blocks are ready for you to start planning the lifestyle you’ve always dreamed of.
* A Lifestyle Surrounded by Nature & Community
*Explore riverfront walks, bush trails, and heritage landmarks
* Enjoy the town’s vibrant culture and antique precinct
* Be part of a growing, award-winning region with future development and infrastructure on the horizon
* Access local produce, weekend markets, and recreational activities in every direction.
Whether you're looking to build your first home, upgrade your lifestyle, or invest in a fast-growing region, Benjamin Terrace offers the perfect opportunity to make your move.
Prime Location
Just minutes from the town centre, shops, schools, and cafes—with Hobart an easy 45-minute drive away—you’ll enjoy the perfect balance of country charm and modern convenience.
Get in touch today to receive more information or to arrange a site visit – your future in New Norfolk starts here.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 29 - 31 Benjamin Terrace - New Norfolk
City
River Derwent
State
TAS
Postcode
7140
Suburb
New Norfolk
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.
