65 Sharland Avenue, New Norfolk, TAS 7140 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $649,000

65 Sharland Avenue
New Norfolk TAS 7140

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 118m2
Land area: 730m2
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High-Return Investment Opportunity, Just Moments from the Centre of New Norfolk

Inspections by appointment only.
A gross return of just over 7% with future growth potential? Opportunities like this don’t come around often.
Located just moments from the centre of New Norfolk, this solid, income-generating property offers investors the best of both worlds — strong immediate returns and room for value uplift through simple cosmetic improvements.
Set on a 730m² block, the building comprises three self-contained flats, all on a single title — making management easy and future options flexible. Each flat includes its own parking space and separate power meter, with a combined rental income of $975 per week and council rates of approx. $2,240 per annum.
Property Overview:
Flat A
• Two bedrooms, freshly painted and re-carpeted
• North-facing with river views from lounge and kitchen
• Built-in robes, bathroom, laundry, and reverse cycle air conditioning
Flat B
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Property Details for 65 Sharland Ave, New Norfolk

65 Sharland Ave, New Norfolk is a 4 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 730m2 and floor size of 118m2. The place is currently for sale with LJ Hooker Pinnacle Property.

Building Type
House
Floor Size
118m2
Land Size
730m2
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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 3,138 properties. Over the last 5 years, Houses in New Norfolk have seen a 43.55% increase in median value, while Units have seen a 48.10% increase. As at 31 October 2025:

  • The median value for Houses in New Norfolk is $476,886 while the median value for Units is $459,359.
  • Houses have a median rent of $450 while Units have a median rent of $408.
There are currently 45 properties listed for sale, and 3 properties listed for rent in New norfolk on OnTheHouse. According to Cotality's data, 160 properties were sold in the past 12 months in New norfolk.

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Simon Parsons
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Nitin Joshi
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LJ Hooker Pinnacle Property
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