OFF MARKET

11 Stephen Street
New Norfolk TAS 7140

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 146m2
Land area: 710m2
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Last updated 11 Nov 2024
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Property Details for 11 Stephen St, New Norfolk

11 Stephen St, New Norfolk is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1927. The property has a land size of 710m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
House
Year Built
1927
Floor Size
146m2
Land Size
710m2
Local Government
Derwent Valley
Lot/Plan
1/51619

Last Listing description (July 2016)

Owner Occupier and Investment Opportunity - Suitable for use as a Home-Based Business #
11 Stephen Street, New Norfolk TAS
Well positioned on a prominent corner location, this stand-alone and well-built, 1920's converted house of 188 m2* incorporates a large reception area and up to five offices, with staff amenities and a stand-alone training room/office/boardroom. There is an internal bathroom and toilet, external toilets and storage areas. Both the main building and the stand-alone training room have an alarm system and data wiring. Heating is provided by panel heaters and a heat pump. There is parking for two cars on-site as well as public parking across the road.

Located opposite Arthur Square on the corner of Pioneer Avenue in New Norfolk and zoned General Business under the Derwent Valley Interim Planning Scheme 2015, this purchase opportunity will potentially suit a number of uses including consultancies, child care, medical and health professionals and professional service providers such as solicitors and accountants or a home-based business where the person conducting the business normally uses the dwelling as their principal place of residence (subject to Council approval).
* Approximate and gross lettable area
# Based on the General Business Zoning under the Derwent Valley Interim Planning Scheme 2015 and subject to Council Approval, the property may be used as a home-based business where the house is used as a residence and the a stand-alone training room/office/boardroom used for the business.
^ Excluding GST

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Property History for 11 Stephen St, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$230,000
13 May 2016
  • 13 May 2016
    Sold for $230,000
  • 06 Oct 2015
    Listed for Sale Offers over $220,000
  • 02 Apr 2002
    Sold for $75,000

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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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