21 Montagu Street, New Norfolk, TAS 7140 | Property Value & History | OnTheHouse
OFF MARKET

21 Montagu Street
New Norfolk TAS 7140

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 921m2
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Property Details for 21 Montagu St, New Norfolk

21 Montagu St, New Norfolk is a 4 bedroom, 4 bathroom House with 1 parking spaces and was built in 2003. The property has a land size of 921m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
2003
Land Size
921m2
Local Government
Derwent Valley
Lot/Plan
1/37708

Last Listing description (January 2022)

Located in the picturesque town of New Norfolk, in the heart of the Derwent Valley this historic property dates back to 1815. The property comprises of two buildings, the main homestead with 3 guest suites and reception rooms and the honeymoon suite (owners residence)with a fantastic commercial kitchen.\r\n\r\nThe property has been run as a successful bed and breakfast for many years and would be a fantastic opportunity for someone looking to further this business with many opportunities for growth or even a fantastic family home steeped in Tasmanian history.\r\n\r\nSet on 934m2 the property has a central paved courtyard with beautiful established gardens and large mature trees. The main building is made from mud and convict brick with a new roof, gutters and rewiring only recently completed. This beautiful building houses the guest accommodation, large dining room extension with wood heater and reception room. These large areas allow for comfortable dining of in-house guests with the scope to open as a restaurant with the commercial kitchen and licenses in place.\r\n \r\nThe three guest suites all include updated ensuites and are tastefully decorated inspiring a relaxed atmosphere. Each room enjoys beautiful outlooks, some with views of the River Derwent and others overlooking the cottage gardens. \r\n\r\nDownstairs the original kitchen, library and music parlor are currently adorned with antiques that bring back the feelings of yesteryear; these display items can be included in the sale. \r\n\r\nThe separate honeymoon suite is a one bedroom unit with ensuite bathroom and separate lounge and is where the current owners reside; this room could also be updated to be utilized for guest accommodation. Underneath the honeymoon suite on the lower floor is the fully equipped commercial kitchen with gas cooking. This kitchen is well equipped to feed the masses and comfortably serviced the restaurant while in operation. \r\n\r\nThe property was originally a cellar for storage of hops and was later extended with a mud brick lower floor. The convict brick upper floor was added in 1835 which now proudly houses the colonial accommodation. The original land grant was to John S Hampton and William Courtney who where overseers of the convict stores, two of the guest suites have been named in their honour.\r\n\r\nBeing just 5 minutes stroll from the town centre of New Norfolk and the beautiful Derwent River this property is ideally positioned. New Norfolk is a bustling town on the River Derwent with a rich history, quality produce and pretty rural scenery. It's also the commercial and residential heart of the Derwent Valley being just 30 minutes drive to the Hobart CBD. \r\n\r\nWe encourage your enquiry on this amazing opportunity today, whether you are looking for a new business venture, a sea change or a piece of Tasmanian history this property has so much to offer.

Property History for 21 Montagu St, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$595,000
12 Jan 2021
  • 12 Jan 2021
    Sold for $595,000
  • 08 Mar 2018
    Listed for Sale Expressions of Interest
  • 09 Jan 1996
    Sold for $210,000
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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 3,162 properties. Over the last 5 years, Houses in New Norfolk have seen a 37.59% increase in median value, while Units have seen a 20.51% increase. As at 31 July 2026:

  • The median value for Houses in New Norfolk is $576,634 while the median value for Units is $476,133.
  • Houses have a median rent of $535 while Units have a median rent of $450.
There are currently 27 properties listed for sale, and 7 properties listed for rent in New norfolk on OnTheHouse. According to Cotality's data, 193 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.