48 High Street, New Norfolk, TAS 7140 | Commercial for sale | OnTheHouse
 
FOR SALE
Business Only - 150,000 + SAV

48 High Street
New Norfolk TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 213m2
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Your Next Successful Venture Could Begin Right Here in New Norfolk - Business Only - $150,000 + SAV

Long-Established Newsagency + Retail Business in the Heart of New Norfolk!
Here's your opportunity to have a thriving, long-standing business with over 55 years of cherished family ownership.
Located in the bustling township of New Norfolk, this retail newsagency benefits from prime street frontage, heavy foot traffic, and a loyal local customer base, as well as steady trade from visitors to the area.
Business Highlights:
• Established for over 5 decades
• Prime main street location with high visibility
• No direct competition in the area
• Strong and stable customer base
• Easy-to-run operation, perfect for a couple, family, or partnership
Diverse Product Offering:
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Property Details for 48 High St, New Norfolk

Building Type
Commercial
Floor Size
213m2
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About New Norfolk 7140

The size of New Norfolk is approximately 18.5 square kilometres. It has 20 parks covering nearly 9.6% of total area. The population of New Norfolk in 2016 was 5432 people. By 2021 the population was 6037 showing a population growth of 11.1% in the area during that time. The predominant age group in New Norfolk is 30-39 years. Households in New Norfolk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Norfolk work in a trades occupation.In 2021, 66.10% of the homes in New Norfolk were owner-occupied compared with 62.90% in 2016.

New Norfolk has 3,139 properties. Over the last 5 years, Houses in New Norfolk have seen a 50.13% increase in median value, while Units have seen a 53.44% increase. As at 30 November 2025:

  • The median value for Houses in New Norfolk is $496,841 while the median value for Units is $464,340.
  • Houses have a median rent of $450 while Units have a median rent of $408.
There are currently 46 properties listed for sale, and 3 properties listed for rent in New norfolk on OnTheHouse. According to Cotality's data, 162 properties were sold in the past 12 months in New norfolk.

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Andrew Hills
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PRDnationwide Hobart
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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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