16 Fourth Ave, New Norfolk is a 3 bedroom, 1 bathroom House and was built in 1953. The property has a land size of 706m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
This much-loved home has been with the same family for the past 68 years and is now ready for its new owners. With a little TLC required, this 1953 weatherboard-built property could be restored to its former glory. What an amazing opportunity to add growth to this already growing area!
The open plan lounge is your entry point, heated by a wood heater joining the kitchen. Spacious with room for dining, this zone underwent renovations around 10 years ago. The kitchen provides outdoor access to the laundry and second toilet.
Throughout the hall, three bedrooms can be located. The master a great size.
The upgraded bathroom comprises of a shower over bath, toilet and vanity.
The backyard is fully fenced perfect for children and pets. There is a garden shed for storage and an undercover area for entertaining. Off street parking is ample in front of and behind gates.
The rental potential for this property is $300.00 - $320.00 as appraised by our LJ Hooker Glenorchy Property Management Department. With improvements made, the potential could be $360.00 - $370.00 per week.
New Norfolk is renowned for its historic buildings and antique stores, beautiful river and mountain scenery and its proximity to local schools, shops and transport. It's only a 35-minute drive to the Hobart CBD and 55 minutes to Mount Field National Park.
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Rates: $1246.00 PA
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:
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