Lots 1-29 Benjamin Terrace

New Norfolk TAS 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 3,111 properties. Over the last 5 years, Houses in New Norfolk have seen a 54.51% increase in median value, while Units have seen a 66.70% increase. As at 31 January 2025:

• The median value for Houses in New Norfolk is $456,523 while the median value for Units is $440,209.
• Houses have a median rent of $450 while Units have a median rent of $370.