Lot 57 - Buddon Road - New Norfolk

New Norfolk, Derwent Valley, TAS, 7140

$ 515,000

New Norfolk, Derwent Valley, TAS, 7140
Lot 57 - Buddon Road - New Norfolk-0
Lot 57 - Buddon Road - New Norfolk-1
Lot 57 - Buddon Road - New Norfolk-2

Property Images

Lot 57 - Buddon Road - New Norfolk-0 Lot 57 - Buddon Road - New Norfolk-1 Lot 57 - Buddon Road - New Norfolk-2
  • Terrace/Villa
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 1
  • Cars
  • 95

Details

Updated on Jul 21, 2026

Property Type: Terrace/Villa
Secondary Type: SMSF
Price: $ 515,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 485
Gross Per Annum: $ 25,220
Gross Yield: 4.9%
Capital Growth 12 Months: 22.83%
10Yr Annualised Growth: 9.37%
Vacancy Rate: 0.43%
Property Size: 95 m2
Land Area: N/A
Bedrooms: 2
Bathrooms: 1
Parking: 1
Title Status: N/A
Property ID: 32478
SKU: 1001
Sold:

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us* 

New Norfolk, located in the scenic Derwent Valley, offers a unique blend of natural beauty, historical charm, and modern amenities. As the second oldest settlement in Tasmania, New Norfolk's rich heritage is reflected in its well-preserved architecture and vibrant community life. For potential investors, New Norfolk presents an attractive opportunity for house and land packages, combining affordability with a high quality of life. 

One of the primary advantages of investing in New Norfolk is its strategic proximity to Hobart, Tasmania's capital city. Situated just 35 kilometres northwest of Hobart, New Norfolk is accessible via the Lyell Highway, making it an ideal location for those seeking the tranquillity of a smaller town while having access to the amenities and employment opportunities of a major city. The commute from Hobart to New Norfolk typically takes around 30 to 40 minutes, depending on traffic conditions.

Address Lot 57 - Buddon Road - New Norfolk
City Derwent Valley
State TAS
Postcode 7140
Suburb New Norfolk

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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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