20 Derwent TerraceNew Norfolk TAS 7140
Property Details for 20 Derwent Tce, New Norfolk
20 Derwent Tce, New Norfolk is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1941. The property has a land size of 615m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (July 2014)
Situated in a popular area of New Norfolk, this 3 bedroom home would be ideal for the first home buyer. All the bedrooms are large, the master is a king size with built-in robes. The bathroom is modern and the kitchen, dining and lounge rooms are open plan. There are polished timber floors throughout, and a feature of the home is the sunroom currently used as a formal dining are. Close to Primary school and shops, the town centre only a couple of minutes drive and Hobart about 30. For the investor the property may lease out at approx. $240 to $250 per week for a return around 6.8% on your investment.
Property History for 20 Derwent Tce, New Norfolk, TAS 7140
- 10 May 2014Sold for $189,000
- 05 May 2014Listed for Sale $189,000
- 21 Jan 2013Sold for $165,000
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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 3,154 properties. Over the last 5 years, Houses in New Norfolk have seen a 42.42% increase in median value, while Units have seen a 22.49% increase. As at 30 June 2026:
- The median value for Houses in New Norfolk is $573,570 while the median value for Units is $482,848.
- Houses have a median rent of $525 while Units have a median rent of $440.
Suburb Insights for New Norfolk 7140
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