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 Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | $485,000 | +9.3% | $320,000 | $1,150,000 | 118 |
| 2023 | $485,000 | 0.0% | $332,500 | $1,101,000 | 112 |
| 2024 | $460,000 | -5.4% | $405,000 | $608,000 | 18 |
Median Sale Price
$480K
Based on 96 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-1.0%
Current Median Price: $480,000
Previous Median Price: $485,000
Based on 204 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $280 | 0.0% | $170 | $400 | 4 |
| 2014 | $265 | -5.7% | $180 | $390 | 43 |
| 2015 | $270 | +1.9% | $175 | $410 | 56 |
| 2016 | $265 | -1.9% | $185 | $420 | 48 |
| 2017 | $290 | +8.6% | $160 | $450 | 54 |
| 2018 | $330 | +12.1% | $265 | $400 | 45 |
| 2019 | $370 | +10.8% | $280 | $445 | 56 |
| 2020 | $390 | +5.1% | $265 | $495 | 44 |
| 2021 | $400 | +2.5% | $200 | $650 | 46 |
| 2022 | $440 | +9.1% | $330 | $600 | 57 |
| 2023 | $470 | +6.4% | $330 | $850 | 68 |
| 2024 | $450 | -4.4% | $350 | $510 | 17 |
Median Rent Price
$455
per week
Based on 65 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+1.1%
Current Median Rent: $455
Previous Median Rent: $450
Based on 129 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $480,000
Current Median rent: $455
Based on 161 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |