111/113 Benjamin TerraceNew Norfolk TAS 7140
Property Details for 111/113 Benjamin Tce, New Norfolk
Last Listing description (July 2025)
Here's an exciting opportunity to secure two vacant allotments side by side at 109 & 111 Benjamin Terrace, New Norfolk, offering a prime opportunity for developers and investors looking to maximize their potential.
Both blocks offer outstanding possibilities for strata development (STCA), with concept plans already drafted for a four-unit development.
111 Benjamin Terrace: 686 sqm
With all essential utilities readily available and easy access to Hobart, these properties offer the perfect balance of peaceful living and modern convenience.
Situated on the northern edge of New Norfolk, these blocks are just a short distance from the town's vibrant centre and all its amenities, while being surrounded by the historic charm of New Norfolk and the picturesque Derwent Valley.
These blocks offer limitless potential.
Property History for 111/113 Benjamin Tce, New Norfolk, TAS 7140
- 02 Jun 2025Listed for Sale Not Disclosed
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About New Norfolk 7140
The size of New Norfolk is approximately 18.5 square kilometres. There are 20 parks, covering nearly 9.6% of the 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 3,151 properties. Over the last 5 years, Houses in New Norfolk have seen a 43.27% increase in median value, while Units have seen a 30.04% increase. As at 31 May 2026:
- The median value for Houses in New Norfolk is $564,406 while the median value for Units is $489,548.
- Houses have a median rent of $500 while Units have a median rent of $430.
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