Lot 87 - Hudson Grove - New Norfolk
New Norfolk, Derwent Valley, TAS, 7140$ 675,000
Overview
Property ID: LA-20224
- Dual Key
- Property Type
- 2+2
- Bedrooms
- 1+1
- Bathrooms
- 1+1
- Cars
- 190
Details
Updated on Dec 06, 2025 at 04:00 am
| Property Type: | Dual Key |
|---|---|
| Price: | $ 675,000 |
| Land Price: | $ 220,000 |
| Build Price: | $ 455,000 |
| Gross Per Week: | $ 995 |
| Gross Per Annum: | $ 51,740 |
| Gross Yield: | 7.67% |
| Capital Growth 12 Months: | -2.08% |
| Capital Growth 10 Year Annualised: | 6.95% |
| Vacancy Rate: | 0.30% |
| Property Size: | 190 m2 |
| Land Area: | 749 m2 |
|---|---|
| Bedrooms: | 2+2 |
| Bathrooms: | 1+1 |
| Parking: | 1+1 |
| Title Status: | N/A |
| Property ID: | 20224 |
| 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.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
Can be subject to finance
$1k holding deposit
Land settlement can take place within 14 days following the clients finance approval.
It takes up to 12 weeks to get to site following land settlement, construction is 16 weeks.
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.