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 Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | $480,000 | +8.3% | $320,000 | $1,150,000 | 111 |
Median Sale Price
$477K
Based on 119 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
+8.5%
Current Median Price: $476,500
Previous Median Price: $436,000
Based on 244 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | $355 | +7.0% | $280 | $445 | 56 |
| 2020 | $385 | +7.8% | $262 | $495 | 44 |
| 2021 | $400 | +3.8% | $200 | $650 | 46 |
| 2022 | $450 | +11.1% | $340 | $600 | 47 |
Median Rent Price
$450
per week
Based on 52 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 100 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $476,500
Current Median rent: $450
Based on 171 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
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 |