3 High StreetNew Norfolk TAS 7140
Property Details for 3 High St, New Norfolk
Last Listing description (March 2024)
A perfect opportunity to purchase a reasonably priced, commercial property on the main shopping street of this bustling township.
New Norfolk has very significant residential growth currently underway - this is the time to invest in Commercial Real Estate.
This low maintenance building is Zoned General Business with the Derwent Valley Council.
With good street front exposure, rear vehicle access, a reserved parking spot and a small courtyard, this property ticks plenty of boxes.
An ideal opportunity for the first-time investor on a manageable budget.
Contact Hayden from Derwent Real Estate for more information and to arrange a Private Inspection.
Property History for 3 High St, New Norfolk, TAS 7140
- 27 Nov 2024Sold for $223,800
- 28 Sep 2023Listed for Sale Offers Over $225,000
- 02 Jul 2020Listed for Rent $9,000 / year
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0About New Norfolk 7140
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 3,138 properties. Over the last 5 years, Houses in New Norfolk have seen a 52.65% increase in median value, while Units have seen a 54.79% increase. As at 31 December 2025:
- The median value for Houses in New Norfolk is $515,284 while the median value for Units is $481,192.
- Houses have a median rent of $460 while Units have a median rent of $408.
Suburb Insights for New Norfolk 7140
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