New Norfolk, TAS 7140
Compare Part of Derwent Valley
24.01 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$453K
Updated on May 2022
2 BR $438K | 3 BR $450K | 4 BR $645K |
Unit
$451K
Updated on May 2022
1 BR - | 2 BR $430K | 3 BR $490K |
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 | $438,000 | +19.6% | $300,000 | $1,600,000 | 125 |
| 2022 | $485,000 | +9.7% | $355,000 | $1,150,000 | 63 |
Median Sale Price
$473K
Based on 125 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+17.5%
Current Median Price: $473,000
Previous Median Price: $390,000
Based on 231 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$420
Updated on May 2022
2 BR $380 | 3 BR $420 | 4 BR $530 |
Unit
$363
Updated on May 2022
1 BR $325 | 2 BR $363 | 3 BR $430 |
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 | $430 | +7.0% | $370 | $600 | 21 |
Median Rent Price
$420
per week
Based on 49 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+7.1%
Current Median Rent: $420
Previous Median Rent: $390
Based on 89 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $473,000
Current Median rent: $420
Based on 174 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 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 |