OFF MARKET

81 High Street
New Norfolk TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 39m2
Land area: 938m2
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Property Details for 81 High St, New Norfolk

Building Type
Commercial
Year Built
2001
Floor Size
39m2
Land Size
938m2
Local Government
Derwent Valley
Lot/Plan
1/106040

Last Listing description (May 2009)

PRIME INVESTMENT!
·GROSS INCOME: $43,427 PA
·ESTIMATED NET INCOME: $33,346 PA

·LEASED TO 17 OCTOBER 2018 PLUS 6 TERMS OF FIVE (5) YEARS
·ANNUAL RENT INCREASES TO CPI, MAX 4%
·400 METRES FROM WOOLWORTHS SUPERMARKET
·PRIME CORNER SITE OF 938 SQM*

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Property History for 81 High St, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$481,000
11 Jun 2009
  • 11 Jun 2009
    Sold for $481,000
  • 16 Jan 2009
    Listed for Sale 495000
  • 12 May 2004
    Sold for $480,000
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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 3,113 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:

  • 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 53 properties listed for sale, and 9 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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