111 Benjamin Terrace, New Norfolk, TAS 7140 sold on 27 August 2025 | OnTheHouse
SOLD
Sold on 27 Aug 2025 for $195,000

111 Benjamin Terrace
New Norfolk TAS 7140

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 686m2
Sold By
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Elders Real Estate Hobart
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Property Details for 111 Benjamin Tce, New Norfolk

Building Type
Land
Year Built
2025
Floor Size
78m2
Land Size
686m2
Local Government
Derwent Valley

Last Listing description (January 2026)

Here's an exciting opportunity to secure one or both vacant allotments at 111 & 113 Benjamin Terrace, New Norfolk.Both blocks offer exceptional potential for strata development (STCA), and with the chance to acquire two side-by-side properties, they are ideal for developers and investors looking to maximize their investment.111 Benjamin Terrace is a 686 sqm flat, level block, offering a fantastic opportunity for a unit development or the perfect spot to build your dream home in a tranquil yet well-connected location.With all essential utilities readily available and easy access to Hobart, this property blends peaceful living with modern convenience.Located on the northern edge of New Norfolk, the block is just a short distance from the town's vibrant centre and all its amenities. Surrounded by the historic charm of New Norfolk and the rolling hills of the Derwent Valley, this is an exceptional place to call home.Whether you're an investor or developer looking for a site for multiple dwellings, or someone looking to build their dream home in a beautiful setting, this property offers endless possibilities.

Property History for 111 Benjamin Tce, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$195,000
27 Aug 2025
  • 27 Aug 2025
    Sold for $195,000
  • 12 May 2025
    Listed for Sale Not Disclosed
  • 11 Apr 2025
    Listed for Sale Offers over $175,000
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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 3,149 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.
There are currently 29 properties listed for sale, and 7 properties listed for rent in New norfolk on OnTheHouse. According to Cotality's data, 180 properties were sold in the past 12 months in New norfolk.

Suburb Insights for New Norfolk 7140

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.