FOR SALE
Offers Over $360,000

15 Graham Court
New Norfolk TAS 7140

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 529m2
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Investment Opportunity with Tenant in Place

Welcome to this attractive investment property with a reliable tenant already in place. Situated in New Norfolk, this three-bedroom, one-bathroom home offers an excellent opportunity for investors seeking steady rental income.
Key Features..
Tenant in Place: Enjoy immediate returns on your investment with a dependable tenant already occupying the property. Current lease is $400 p/w until September 2024, with the potential to increase to $420 - $450 p/w.
Location: Nestled in a high growth suburb, this property is close to schools, parks, shopping centers, and public transportation, making it highly appealing to potential renters.
Spacious Layout and yard: Boasting three bedrooms and a bathroom, this home offers ample space for comfortable living. The fully fenced yard offers privacy and security.
Low Maintenance: This low-maintenance investment ensures a hassle-free ownership experience.
Potential for Growth: Take advantage of the current rental income while also considering the potential for future appreciation. As the suburb continues to thrive, your investment is poised for long-term growth.
Don't miss this opportunity to add a turnkey investment property to your portfolio. Whether you're a seasoned investor or new to the market, this property offers stability, potential and immediate returns.
Schedule a viewing today and secure your investment future! Please contact me on 0410 787 846.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property Details for 15 Graham Ct, New Norfolk

15 Graham Ct, New Norfolk is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 529m2 and floor size of 103m2. The place is currently for sale with LJ Hooker Pinnacle Property.

Building Type
House
Floor Size
103m2
Land Size
529m2

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About New Norfolk 7140

The size of New Norfolk is approximately 18.5 square kilometres. It has 20 parks covering nearly 9.6% of total area. The population of New Norfolk in 2011 was 5,242 people. By 2016 the population was 5,431 showing a population growth of 3.6% in the area during that time. The predominant age group in New Norfolk is 50-59 years. Households in New Norfolk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Norfolk work in a labourer occupation. In 2011, 65.3% of the homes in New Norfolk were owner-occupied compared with 62.9% in 2016.

New Norfolk has 3,105 properties. Over the last 5 years, Houses in New Norfolk have seen a 67.48% increase in median value, while Units have seen a 99.23% increase. As at 31 August 2024:

  • The median value for Houses in New Norfolk is $459,580 while the median value for Units is $469,454.
  • Houses have a median rent of $453 while Units have a median rent of $360.
There are currently 46 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in New norfolk.

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Suburb Insights for New Norfolk 7140

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Cara Montgomery
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LJ Hooker Pinnacle Property
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