2/88 Glenora Rd, New Norfolk is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 1651m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2000.
New Norfolk $260,000 ???Potential , Position and Room???
This little gem gives you so many options as the block is a whopping 1651m2 and potentially has room for an additional four units, but the great thing is that the established unit has a long serving and excellent tenant that treats the home as her own. With a lease in place the property will give you a return while you build the extra dwellings.
The unit was built in 1996 and has two bedrooms (master with built ins) with the living space being open plan to include the dining area. The kitchen is surprisingly large for a villa unit with ample cupboards, pantry and plenty of bench space. Everything is very neat and certainly has a homely feel from the window furnishings to the private rear side yard that has established gardens and lawn area.
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 66.07% increase in median value, while Units have seen a 91.66% increase. As at 31 October 2024:
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