New Norfolk, TAS 7140
Compare Part of Derwent Valley
24.01 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
-
Updated on Jul 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $200,000 | 0.0% | $128,000 | $1,900,200 | 96 |
| 2010 | $220,000 | +9.1% | $141,750 | $417,000 | 62 |
| 2011 | $220,000 | 0.0% | $130,000 | $440,000 | 69 |
| 2012 | $196,000 | -12.2% | $92,000 | $325,000 | 57 |
| 2013 | $200,000 | +2.0% | $130,000 | $452,100 | 78 |
| 2014 | $210,000 | +4.8% | $75,000 | $460,000 | 74 |
| 2015 | $210,000 | 0.0% | $83,500 | $810,000 | 82 |
| 2016 | $220,000 | +4.5% | $118,000 | $1,200,000 | 90 |
| 2017 | $216,000 | -1.9% | $125,000 | $570,000 | 124 |
| 2018 | $256,000 | +15.6% | $172,500 | $835,000 | 117 |
| 2019 | $275,000 | +6.9% | $172,500 | $820,000 | 95 |
| 2020 | $352,000 | +21.9% | $185,000 | $577,000 | 95 |
| 2021 | $440,000 | +20.0% | $300,000 | $1,600,000 | 125 |
| 2022 | $485,000 | +9.3% | $320,000 | $1,150,000 | 118 |
| 2023 | $500,000 | +3.0% | $332,500 | $1,101,000 | 83 |
Median Sale Price
$485K
Based on 109 recorded sales within the last 12 months
Updated on 25 Sep 2023
Suburb Growth
+2.1%
Current Median Price: $485,000
Previous Median Price: $475,000
Based on 234 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2023)
Price Range Segments (12 months ending Aug 2023)
Median Weekly Rent Price
House
-
Updated on Jul 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $265 | 0.0% | $170 | $280 | 3 |
| 2014 | $265 | 0.0% | $180 | $390 | 43 |
| 2015 | $270 | +1.9% | $175 | $365 | 56 |
| 2016 | $265 | -1.9% | $185 | $360 | 48 |
| 2017 | $290 | +8.6% | $160 | $450 | 54 |
| 2018 | $330 | +12.1% | $265 | $400 | 45 |
| 2019 | $370 | +10.8% | $280 | $445 | 56 |
| 2020 | $390 | +5.1% | $265 | $495 | 44 |
| 2021 | $400 | +2.5% | $200 | $650 | 46 |
| 2022 | $440 | +9.1% | $330 | $600 | 57 |
| 2023 | $470 | +6.4% | $340 | $850 | 46 |
Median Rent Price
$460
per week
Based on 60 recorded rent within the last 12 months
Updated on 25 Sep 2023
Rent Price Growth
+2.2%
Current Median Rent: $460
Previous Median Rent: $450
Based on 117 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $485,000
Current Median rent: $460
Based on 169 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2023)
Schools closest to New Norfolk, TAS 7140
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| New Norfolk Primary School | 8 PIONEER AVENUENew Norfolk 7140 | Primary | Government | 0.17 km |
| St Brigid's Catholic School | 89 MONTAGU STNew Norfolk 7140 | Primary | Catholic | 0.64 km |
| New Norfolk High School | 101 BLAIR STREETNew Norfolk 7140 | Secondary | Government | 0.9 km |
| Fairview Primary School | 211 BACK RIVER ROADNew Norfolk 7140 | Primary | Government | 1.26 km |