LOT 6 Ring Road, New Norfolk, TAS 7140 | Commercial for sale | OnTheHouse
 
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Lot 6 Ring Road
New Norfolk TAS 7140

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Land area: 6793m2
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Favourable Zoning, DA Approved Parcel in Rising Commercial Precinct

Lot 6, Ring Road, New Norfolk offers a rare development opportunity within one of Southern Tasmania's most active growth corridors. 6793m2 zoned Urban Mixed Use, the site provides flexibility for commercial, medical, accommodation, or medium-density residential development (STCA).
Positioned alongside major new developments including, The Rook Groups mixed use commercial development which includes, childcare, cafes and villa living the Noble Life Retirement Community, and the established Corumbene Nursing Home, the property sits at the heart of a rapidly evolving mixed-use hub that's driving strong local demand for services and housing.
With a generous land area, accessible topography, and services available nearby, the property is ideally suited to a wide range of development outcomes. Located only minutes from the New Norfolk town centre and approximately 35 minutes from Hobart, Lot 6, Ring Road represents one of the few remaining large-scale sites in this thriving Derwent Valley precinct.

Property Details for Lot 6 Ring Rd, New Norfolk

Building Type
Commercial
Land Size
6793m2
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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, 158 properties were sold in the past 12 months in New norfolk.

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Raine & Horne Commercial Hobart
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