The subject property includes a two-storey building with a commercial restaurant on the ground floor and residential accommodation on the first floor. The building has undergone extensive refurbishment in 2004 and has a total floor area of 291 m2 with an additional 95 m2 of outbuildings and features external weatherboard walls and a galvanized iron roof.
The well-designed restaurant has seating for 45 people indoors and 45 people outdoors. It includes a front bar and reception area with timber and tile floors. The attractive dining room has excellent natural light with an operating wood fireplace and fans for added restaurant warmth and ambience during the colder months. The dining room includes a double-sided cool room that connects to both the kitchen and the front bar and is equipped with a sink, glass washer, and display cabinet.
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 3,150 properties. Over the last 5 years, Houses in New Norfolk have seen a 48.87% increase in median value, while Units have seen a 51.94% increase. As at 30 April 2026:
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