25 Lower RoadNew Norfolk TAS 7140
Property Details for 25 Lower Rd, New Norfolk
25 Lower Rd, New Norfolk is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1962. The property has a land size of 1035m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Last Listing description (April 2020)
More Real Estate is excited to present to you this very neat and tidy 3 bedroom brick home that enjoys a level 1000m2 plus allotment situated in an established part of New Norfolk.
Located just on the edge of the bustling township, and only minutes from the shopping and services precinct, the home has a great sunny aspect, carport and plenty of off street parking, and combined with terrific tenants in place paying $350/week for a return of 6.5% approximately, this is an opportunity not to be missed.
The large block give you an option, in the fullness of time, to take advantage of the ability (STCA) to construct two units on the site and maximise your returns.
Call Craig Bellgrove on 0488 013 965 for further details.
Property History for 25 Lower Rd, New Norfolk, TAS 7140
- 09 Apr 2020Listed for Sale Offers over $280,000
- 15 May 2017Sold for $185,000
- 02 Sep 2002Sold for $50,000
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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 3,111 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:
- 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.
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