Lot 70 - Norfolk Park Estate - New Norfolk - AUD 707,988.00
New Norfolk , Derwent Valley, TAS, 7140$ 707,988
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 119
Details
Updated on May 21, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 707,988 |
| Land Price: | $ 275,000 |
| Build Price: | $ 432,988 |
| Gross Per Week: | $ 575 |
| Gross Per Annum: | $ 29,900 |
| Gross Yield: | 4.22% |
| Capital Growth 12 Months: | 22.83% |
| 10Yr Annualised Growth: | 9.37% |
| Vacancy Rate: | 0.43% |
| Property Size: | 119 m2 |
| Land Area: | 609 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 22134 |
| 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, TAS is a historic town about 35 km northwest of Hobart, set along the Derwent River in the Derwent Valley. Known for its heritage buildings and relaxed country feel, it offers a peaceful lifestyle while still being within commuting distance of the city.
The town has solid amenities including parks, riverside walking tracks, sporting facilities, medical services, and a growing café scene. Shopping is centred around the main street, with supermarkets, local shops, and essentials, while larger retail options are available in nearby Glenorchy or Hobart.
Education is well catered for with schools such as New Norfolk Primary School and New Norfolk High School, along with childcare services.
Transport is mainly by car via the Lyell Highway, with bus services connecting to Hobart.
Overall, New Norfolk offers a quiet, community-focused lifestyle with historic charm and convenient access to Hobart.
Address
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Address
Lot 70 - Norfolk Park Estate - New Norfolk - AUD 707,988.00
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
