OFF MARKET

70 Derwent Terrace
New Norfolk TAS 7140

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 863m2
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Property Details for 70 Derwent Tce, New Norfolk

70 Derwent Tce, New Norfolk is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1941. The property has a land size of 863m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1941
Floor Size
104m2
Land Size
863m2
Local Government
Derwent Valley
Lot/Plan
4/60457

Last Listing description (February 2021)

This 1941 weatherboard property is the perfect first home or investment. Located in the ever-popular village of New Norfolk, this property will attract a lot of attention.

There are new benchtops in the kitchen and a new stove. Recently laid floating floor in the kitchen and bathroom. Recently laid carpet in the lounge with a wood burner to keep the space cosy all year round. There are three good sized bedrooms giving the family plenty of room to grow. There is also a family bathroom with shower over bath.

The 836m2 (approx) corner allotment will allow for further extension and house improvements. (STCA). Outside the kids and pets enjoy the fully fenced backyard. There is storage shed and plenty of off-street parking.

Currently rented until March 2021, our rental department have appraised the weekly rental potential between $370 - $400 per week making this the perfect addition to any investment portfolio or as a first step onto the property ladder.

Disclaimer: Information contained in this listing has been furnished to us from a number of sources including Tasmanian State Government Departments, Local Councils and the Vendor. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is, in fact, accurate.

Property History for 70 Derwent Tce, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$410,000
15 Feb 2021
Listed for Rent
$355/w
27 Feb 2020
  • 15 Feb 2021
    Sold for $410,000
  • 10 Feb 2021
    Listed for Sale Offers Over $420,000
  • 27 Feb 2020
    Listed for Rent $355 / week
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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 54.51% increase in median value, while Units have seen a 66.70% increase. As at 31 January 2025:

  • The median value for Houses in New Norfolk is $456,523 while the median value for Units is $440,209.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 53 properties listed for sale, and 4 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.

Suburb Insights for New Norfolk 7140

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.