New Norfolk, TAS 7140

New Norfolk, TAS 7140

Compare Part of Derwent Valley

24.01 km
Distance from CBD
11 k
Population
Median Sale Price
House
$300K
Updated on Jul 2020
2 BR
$245K
3 BR
$295K
4 BR
$395K
Unit
$285K
Updated on Jul 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
$330,000
+15.2% $185,000 $552,000 57
Median Sale Price
$312K
Based on 95 recorded sales within the last 12 months
Updated on 12 Aug 2020
Suburb Growth
+14.4%
Current Median Price: $312,000
Previous Median Price: $267,000
Based on 198 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jul 2020)
Price Range Segments (12 months ending Jul 2020)
Median Weekly Rent Price
House
$360
Updated on Jul 2020
2 BR
$300
3 BR
$360
4 BR
$420
Unit
$280
Updated on Jul 2020
1 BR
$233
2 BR
$280
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
$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 23
Median Rent Price
$360
per week
Based on 50 recorded rent within the last 12 months
Updated on 12 Aug 2020
Rent Price Growth
+5.6%
Current Median Rent: $360
Previous Median Rent: $340
Based on 94 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+6%
Current Median Price: $312,000
Current Median rent: $360
Based on 145 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jul 2020)

Auction Results For New Norfolk

Houses sold in Last 12 months ends 8 Aug 2020

$290K

Median Sale Price

100%

Clearance Rate

9/9

Sold/Reported

$340K

Highest Sale Price

Sold Price Range No. of Sold Properties
less than $400 K
(Median Price Range)
8

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