20 Murdoch Ave, New Norfolk is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1967. The property has a land size of 653m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in January 2004.
For all of you astute investors here is an excellent opportunity to expand your rental property portfolio. Currently leased until 02/12/2015 at $250 per week for a gross return of 7.4%, with great tenants in place who may consider a longer lease. The home consists of three bedrooms 2 with built-in robes. The kitchen and dining room is open plan and there is a separate lounge room. Outside there is a covered BBQ area, single garage, carport and a secure yard. Close to a Primary School and three minutes drive to New Norfolk's town centre.
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 3,113 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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