Lot 68 - Buddon Road - New Norfolk - AUD 639,144.00
New Norfolk, Derwent Valley, TAS, 7140$ 639,144
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 132
Details
Updated on Jun 17, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 639,144 |
| Land Price: | $ 200,000 |
| Build Price: | $ 439,144 |
| Gross Per Week: | $ 660 |
| Gross Per Annum: | $ 34,320 |
| Gross Yield: | 5.37% |
| Capital Growth 12 Months: | 22.83% |
| Capital Growth 10 Year Annualised: | 9.37% |
| Vacancy Rate: | 0.43% |
| Property Size: | 132 m2 |
| Land Area: | 694 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | N/A |
| Property ID: | 28072 |
| 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*
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
Open on Google Maps
Address
Lot 68 - Buddon Road - New Norfolk - AUD 639,144.00
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
