5 Otto CircleNew Norfolk TAS 7140
Property Details for 5 Otto Cir, New Norfolk
5 Otto Cir, New Norfolk is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 685m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (June 2024)
Welcome to 5 Otto Circle! Nestled in a desirable cul de sac on a good size block of 685m2, this property creates a great opportunity for an array of suitable buyers such as investors, downsizers and first home buyers.
We are delighted to offer this three bedroom brick veneer property to the market. Entering through the front door you will be impressed by the sensible and easy to negotiate floorplan. The open plan living, dining and kitchen are heated by a reverse cycle heat pump positioned to heat the whole house.
The kitchen is neat with plenty of storage and ample bench space, the bedrooms are large with one having built-in robes, the bathroom has the advantage of both bath and shower and a separate toilet.
Leading from the laundry to outside you have a secure large backyard for pets, children, garden or entertaining.
Situated in the growing town of New Norfolk this property will be popular so don’t hesitate call for your inspection.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 5 Otto Cir, New Norfolk, TAS 7140
- 22 Feb 2024Sold for $405,000
- 24 Oct 2023Listed for Sale Not Disclosed
- 29 Aug 2017Sold for $175,000
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 3,157 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.
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