Lot 41 Gateway Estate, New Norfolk TAS
New Norfolk, New Norfolk, TAS, 7140$ 954,900
Overview
Property ID: LA-21061
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 215
Details
Updated on Mar 23, 2026 at 11:21 am
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 954,900 |
| Land Price: | $ 275,000 |
| Build Price: | $ 679,900 |
| Gross Per Week: | $ 720 |
| Gross Per Annum: | $ 37,440 |
| Gross Yield: | 3.92% |
| Capital Growth 12 Months: | -2.08% |
| Capital Growth 10 Year Annualised: | 6.95% |
| Vacancy Rate: | 0.30% |
| Property Size: | 215 m2 |
| Land Area: | 760 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 1+1 |
| Title Status: | TBA |
| Property ID: | 21061 |
| SKU: | 1026 |
Description
Discover the best of modern living with this Dual Occupancy in New Norfolk. Offering 3+2 bedrooms, 2+1 bathrooms and 1+1 car spaces, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It’s a versatile choice that ticks every box.
Suburb profile:
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.
Inclusions:
- Stainless steel kitchen appliances
- 3000mm x 600mm tiles to wet areas
- Hybrid flooring to kitchen and living areas
- Reverse cycle heat pump
- LED downlights to living and bedrooms
- Colorbond roof
- Driveway fencing garden taps and landscaping
- Clothesline letterbox and double glazed windows
- Site works council charges and standard construction included
Designed to perform in today’s rental market, this Dual Occupancy 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.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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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