54 High Street, New Norfolk, TAS 7140 | Property Value & History | OnTheHouse
 
OFF MARKET

54 High Street
New Norfolk TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 109m2
Land area: 175m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 54 High St, New Norfolk

Building Type
Commercial
Year Built
1900
Floor Size
109m2
Land Size
175m2
Local Government
Derwent Valley
Lot/Plan
1/54209

Last Listing description (May 2026)

A tenanted commercial investment property located on the High Street in New Norfolk, Tasmania.
Now more attractive as an investment, as the newly announced restrictions on negative gearing will not apply to commercial properties.
Only 35 kms from Hobart's CBD, in the thriving Derwent Valley.

The property has a long-term tenant on a renewed lease at market rent expiring 30 June 2029 with an option for a further 3 year term.
Ideal starter property for new investor in the Tasmanian commercial property market.
Excellent rental yield guaranteed with this one.
For sale by expressions of interest closing on Friday 29 May at 4.00pm.

Show More

Property History for 54 High St, New Norfolk, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$380,000
29 Sep 2022
  • 01 May 2026
    Listed for Sale Expression of Interest
  • 29 Sep 2022
    Sold for $380,000
  • 16 Sep 2022
    Listed for Sale Offers over $395,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About 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 3,146 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.
There are currently 31 properties listed for sale, and 7 properties listed for rent in New norfolk on OnTheHouse. According to Cotality's data, 177 properties were sold in the past 12 months in New norfolk.

New Norfolk Profile Page

Suburb Insights for New Norfolk 7140

Visit New Norfolk profile page
Market Insights
New Norfolk Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
New Norfolk Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit New Norfolk profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED