Lot 83 Gateway Estate, New Norfolk TAS
New Norfolk, New Norfolk, TAS, 7140$ 974,900
Overview
Property ID: LA-21060
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 215
Details
Updated on Feb 19, 2026 at 11:21 am
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 974,900 |
| Land Price: | $ 295,000 |
| Build Price: | $ 679,900 |
| Gross Per Week: | $ 720 |
| Gross Per Annum: | $ 37,440 |
| Gross Yield: | 3.84% |
| Capital Growth 12 Months: | -2.08% |
| Capital Growth 10 Year Annualised: | 6.95% |
| Vacancy Rate: | 0.30% |
| Property Size: | 215 m2 |
| Land Area: | 869 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 1+1 |
| Title Status: | TBA |
| Property ID: | 21060 |
| SKU: | 1026 |
Description
Located in New Norfolk, this Dual Occupancy is more than just a home — it’s a smart investment opportunity. With 3+2 bedrooms, 2+1 bathrooms and 1+1 car spaces, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.
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
This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today’s market.
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.
Address
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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.