Lot 70 - Norfolk Park Estate - New Norfolk - AUD 866,543.00
New Norfolk , Derwent Valley, TAS, 7140$ 866,543
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 131
Details
Updated on May 21, 2026
| Property Type: | House and Land |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 866,543 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 600 |
| Gross Per Annum: | $ 31,200 |
| Gross Yield: | 3.60% |
| Capital Growth 12 Months: | 21.85% |
| 10Yr Annualised Growth: | 9.37% |
| Vacancy Rate: | 0.66% |
| Property Size: | 131 m2 |
| Land Area: | 609 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 22186 |
| 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, 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.
This residence is positioned within a vibrant and evolving community, offering a lifestyle defined by convenience and connectivity. Surrounded by green open spaces and established amenities, it provides easy access to transport links, retail hubs, and quality schools, making it ideal for both professionals and families seeking a balanced urban environment.
The home benefits from its location in a regenerating area known for its strong community atmosphere and growing appeal. With nearby parks, shopping options, and essential services all within minutes, it presents an opportunity to enjoy comfortable living while being close to the energy and opportunities 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.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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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.