New Norfolk, TAS 7140
Compare Part of Derwent Valley
24.01 km
Distance from Hobart CBD
11 k
Population
Median Sale Price
House
$278K
Updated on Jan 2020
2 BR $245K | 3 BR $283K | 4 BR $345K |
Unit
$238K
Updated on Jan 2020
1 BR $167K | 2 BR $255K | 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 | $275,000 | +6.9% | $172,500 | $820,000 | 95 |
| 2020 | $293,000 | +6.1% | $185,000 | $420,000 | 16 |
Median Sale Price
$285K
Based on 103 recorded sales within the last 12 months
Updated on 25 Feb 2020
Suburb Growth
+10.2%
Current Median Price: $285,000
Previous Median Price: $256,000
Based on 211 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$350
Updated on Jan 2020
2 BR $300 | 3 BR $350 | 4 BR $415 |
Unit
$295
Updated on Jan 2020
1 BR $210 | 2 BR $293 | 3 BR $360 |
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 | $260 | -1.9% | $180 | $390 | 43 |
| 2015 | $270 | +3.7% | $175 | $360 | 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 | - | - | - | - | - |
Median Rent Price
$355
per week
Based on 47 recorded rent within the last 12 months
Updated on 25 Feb 2020
Rent Price Growth
+7.0%
Current Median Rent: $355
Previous Median Rent: $330
Based on 93 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+6.5%
Current Median Price: $285,000
Current Median rent: $355
Based on 150 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For New Norfolk
Houses sold in Last 12 months ends 22 Feb 2020
$286K
Median Sale Price
100%
Clearance Rate
43/43
Sold/Reported
$415K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K | 2 | |
| less than $400 K (Median Price Range) | 36 | |
Similar Suburbs to New Norfolk 7140
Based on median house sale price sold in last 12 months
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 |