New Norfolk, TAS 7140
Compare Part of Derwent Valley
24.01 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$320K
Updated on Aug 2020
2 BR $255K | 3 BR $320K | 4 BR $399K |
Unit
$285K
Updated on Aug 2020
1 BR - | 2 BR $285K | 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 | $209,000 | -0.5% | $83,500 | $810,000 | 82 |
| 2016 | $220,000 | +5.0% | $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 | $280,000 | +8.6% | $172,500 | $820,000 | 95 |
| 2020 | $350,000 | +20.0% | $185,000 | $552,000 | 68 |
Median Sale Price
$335K
Based on 92 recorded sales within the last 12 months
Updated on 22 Sep 2020
Suburb Growth
+19.4%
Current Median Price: $335,000
Previous Median Price: $270,000
Based on 200 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$360
Updated on Aug 2020
2 BR $300 | 3 BR $360 | 4 BR $420 |
Unit
$280
Updated on Aug 2020
1 BR $235 | 2 BR $280 | 3 BR $363 |
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 | 44 |
| 2019 | $350 | +5.7% | $280 | $445 | 55 |
| 2020 | $360 | +2.8% | $262 | $495 | 25 |
Median Rent Price
$370
per week
Based on 43 recorded rent within the last 12 months
Updated on 22 Sep 2020
Rent Price Growth
+5.4%
Current Median Rent: $370
Previous Median Rent: $350
Based on 92 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.7%
Current Median Price: $335,000
Current Median rent: $370
Based on 135 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For New Norfolk
Houses sold in Last 12 months ends 19 Sep 2020
$445K
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$445K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 1 | |
| less than $400 K | 1 | |
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 |