FOR SALE
Offers over $675,000

53 Montagu Street
New Norfolk TAS 7140

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 730m2
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Substantial family home with dual income potential

Situated in the picturesque township of New Norfolk, this substantial circa 1923 solid brick home offers character and charm, whilst offering the potential for dual income or the ability to reside whilst still generating an income stream.
Nestled on the banks of the River Derwent the home offers a flexible floorplan, with accommodation comprising of four generously sized bedrooms, two well-appointed bathrooms, two large living and/or dining areas, as well as a second kitchen. The home has been recently re-wired and has been separately metered allowing for dual tenancy if desired. The home maintains beautiful period charm throughout, including polished hardwood floors, original fireplaces, picture rails and high ceilings.
Outdoors, the securely fenced yard is home to stunning established deciduous trees, a spacious deck on the northern side of the home, as well as off street vehicle parking.
New Norfolk is a rapidly expanding township within the beautiful Derwent Valley. Home to the highly acclaimed Agrarian Kitchen, as well as cafes and riverside walking tracks.

Property Details for 53 Montagu St, New Norfolk

53 Montagu St, New Norfolk is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1923. The property has a land size of 730m2 and floor size of 170m2. The place is currently for sale with Elders Tasmania.

Building Type
House
Year Built
1923
Floor Size
170m2
Land Size
730m2

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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 3,106 properties. Over the last 5 years, Houses in New Norfolk have seen a 68.45% increase in median value, while Units have seen a 107.92% increase. As at 30 September 2024:

  • The median value for Houses in New Norfolk is $465,299 while the median value for Units is $471,430.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 48 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in New norfolk.

Suburb Insights for New Norfolk 7140

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Elders Tasmania
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.