49 Lower RoadNew Norfolk TAS 7140
Property Details for 49 Lower Rd, New Norfolk
Last Listing description (April 2026)
Opportunity like this doesn't surface often. A generous 1,901m parcel of vacant land sitting quietly at 49 Lower Road, framed by sweeping mountain ranges and the kind of open sky that reminds you why the Derwent Valley draws people in and rarely lets them go.
This is not just a block of land - it's a fully realised possibility. A preliminary feasibility study has already been completed for up to five three-bedroom townhouses, meaning the hard thinking has been done and the path forward is clear for those ready to move with confidence.
The site itself is level to gently sloping, generously proportioned, and anchored by mature weeping willows and established natives that give it a natural warmth no landscaper could manufacture overnight. Town services are available, the zoning is General Residential and New Norfolk's CBD, schools, medical facilities and the Derwent River foreshore are all within easy reach.
New Norfolk is no longer Tasmania's best-kept secret. Hobartians are arriving in numbers, drawn by affordability, lifestyle and a town that has quietly reinvented itself without losing any of its character. Demand for quality housing here is real and sites of this calibre - with scale, views, and development upside already mapped are genuinely hard to find.
For the developer, the numbers make sense. For the owner-builder, the canvas is extraordinary. For the investor with an eye for timing, the moment is now. Contact Nat Downton for further information or details regarding an inspection.
Property History for 49 Lower Rd, New Norfolk, TAS 7140
- 02 Apr 2026Listed for Sale Offers Over $325,000
- 09 Oct 2023Listed for Sale Expressions of Interest
- 01 Jul 2021Sold for $250,000
Recent sales nearby
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0About 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 3,148 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:
- The median value for Houses in New Norfolk is $552,920 while the median value for Units is $496,665.
- Houses have a median rent of $500 while Units have a median rent of $390.
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