OFF MARKET

59 Montagu Street
New Norfolk TAS 7140

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 363m2
Land area: 5731m2
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Property Details for 59 Montagu St, New Norfolk

59 Montagu St, New Norfolk is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1825. The property has a land size of 5731m2 and floor size of 363m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1825
Floor Size
363m2
Land Size
5731m2
Local Government
Derwent Valley
Lot/Plan
1/221053

Last Listing description (October 2014)

Hallgreen Circa 1823
This magnificent Georgian home, situated just a short stroll from restaurants, shops, schools and the beautiful Derwent River and Esplanade, is not only a glorious family home but ideally situated to be developed into a reception venue, B&B or private hotel. Beautiful gardens with winding paths, an arbour, lily pond and many private nooks overlook the Derwent.
Though on the main tourist route between Hobart, thirty minutes away, and the West Coast of Tasmania, privacy is assured by a high stone wall which completely conceals the property from the street. Magnificent heritage listed trees offer only a glimpse of the home from the esplanade and river bordering the property. The land has two titles with a total area of 5731m2 with potential for a separate development opportunity.

The home is 363m2 on the upper level with approximately 200m2 on the lower level.
The upper floor includes a magnificent reception room, sitting room, family dining and kitchen, two bathrooms and three bedrooms all opening from a stunning hallway with fluted cedar arches. The view over the garden to the river is stunning.
Original flagstone flooring and convict brick walls are intriguing features of the lower floor in what was originally the servants??? quarters. Accommodation on this level includes a guest room and two bedrooms. There is also a library, the original kitchen and scullery.
New Norfolk is a thirty minute commute to Hobart.

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Property History for 59 Montagu St, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$2,000,000
21 Dec 2021
  • 21 Dec 2021
    Sold for $2,000,000
  • 16 Oct 2014
    Sold for $810,000
  • 24 Jan 2014
    Listed for Sale 850000
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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 3,112 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:

  • 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.
There are currently 54 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in New norfolk.

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