53 Montagu St, New Norfolk is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1923. The property has a land size of 730m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in New Norfolk in the last 12 months.
Situated in the picturesque township of New Norfolk, this substantial circa 1923 solid brick home offers character and charm, whilst offering the potential for dual income or the ability to reside whilst still generating an income stream.
Nestled on the banks of the River Derwent the home offers a flexible floorplan, with accommodation comprising of four generously sized bedrooms, two well-appointed bathrooms, two large living and/or dining areas, as well as a second kitchen. The home has been recently re-wired and has been separately metered allowing for dual tenancy if desired. The home maintains beautiful period charm throughout, including polished hardwood floors, original fireplaces, picture rails and high ceilings.
Outdoors, the securely fenced yard is home to stunning established deciduous trees, a spacious deck on the northern side of the home, as well as off street vehicle parking.
New Norfolk is a rapidly expanding township within the beautiful Derwent Valley. Home to the highly acclaimed Agrarian Kitchen, as well as cafes and riverside walking tracks.
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 3,114 properties. Over the last 5 years, Houses in New Norfolk have seen a 64.02% increase in median value, while Units have seen a 82.60% increase. As at 30 November 2024:
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