NEW NORFOLK 7140
State: TASPosiProp AI Investment Summary
NEW NORFOLK (TAS 7140) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.4% and has experienced a 12-month capital growth of Up 7.9%, with a median house buy price of $501,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$470,000
$490,000
$575,000
$501,500
Suburb Market Profile
Last month New Norfolk had 11 properties available for rent and 38 properties for sale. Median property prices over the last year range from $501,500 for houses to $435,000 for units. If you are looking for an investment property, consider houses in New Norfolk rent out for $500 PW with an annual rental yield of 5.4% and units rent for $440 PW with a rental yield of 5.3%. New Norfolk has seen an annual compound growth rate of 7.9% for houses and -2.7% for units.
Properties For Sale in NEW NORFOLK
25 Listings Found$795,000
12 Richmond Street, New Norfolk
$580,000
6 Cowburn Drive, New Norfolk
$550,000
Unit 3/263a Back River Road, New Norfolk
$750,000
257 Back River Road, New Norfolk
$475,000
5 George Street, New Norfolk
$485,000
9 Southview Crescent, New Norfolk
$560,000
99 Blair Street, New Norfolk
$755,000
40 Gateway Drive, New Norfolk
$585,000
1/35 Lower Road, New Norfolk
$475,000
1 & 2/4 Buddon Road, New Norfolk
$449,000
5/34-54 Humphrey Street, New Norfolk
$399,000
Unit 6/34-54 Humphrey Street, New Norfolk
$595,000
53 Humphrey Street, New Norfolk
$540,000
9 Trevor Terrace, New Norfolk
$469,000
2/19 Humphrey Street, New Norfolk
$545,000
60 Sharland Avenue, New Norfolk
$595,000
4 Oast Street, New Norfolk
$695,000
76 Derwent Terrace, New Norfolk
$625,000
48 Sharland Avenue, New Norfolk
$595,000
3 Downie Circle, New Norfolk
$485,000
25 Andrews Street, New Norfolk
$1
59 Montagu Street, New Norfolk
$725,000
74 Glenora Road, New Norfolk
$1,700,000
1 Tynwald Road, New Norfolk
$800,000
87 Sharland Avenue, New Norfolk