OFF MARKET

1 Cox Avenue
New Norfolk TAS 7140

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 588m2
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Last updated 11 Nov 2024
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Property Details for 1 Cox Ave, New Norfolk

1 Cox Ave, New Norfolk is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 588m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1987
Floor Size
100m2
Land Size
588m2
Local Government
Derwent Valley
Lot/Plan
465/37672

Last Listing description (November 2017)

For the first home buyer this home represents comfort and good value.
For the investor it offers many happy returns with a gross return in the region of 7%. New Norfolk historically has a next to zero vacancy rate, the current tenants have been in place for a number of years and would like to stay on.
Solid brick and tile construction means little exterior maintenance, the interior is due for a lick of paint, but all is in good structural repair and presentation. With 3 bedrooms, wood heater and a nice level block and easy off street parking, it is a great option. It s just a short walk to the primary school and only a couple of minutes in the car to all the shops, high school and services of New Norfolk and just a pleasant 30 minute drive to Hobart. This home has much to offer.

Come and check it out.

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Property History for 1 Cox Ave, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$180,000
09 Oct 2017
Listed for Rent
$240/w
26 Mar 2011
  • 09 Oct 2017
    Sold for $180,000
  • 06 Jun 2017
    Listed for Sale Offers Over $170,000
  • 02 Jun 2011
    Listed for Sale $175,000 PLUS
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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 3,112 properties. Over the last 5 years, Houses in New Norfolk have seen a 66.07% increase in median value, while Units have seen a 91.66% increase. As at 31 October 2024:

  • The median value for Houses in New Norfolk is $468,469 while the median value for Units is $453,449.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 54 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in New norfolk.

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