New Norfolk at a glance
6,455
People
$591,000
Median sale
$510/wk
Median rent
4.49%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
TAS › New Norfolk › Derwent Tce
$680,000
Last sold
8 Dec 2023
3
Bedrooms
2
Bathrooms
13
Car spaces
5,782 m²
Land
134 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$680,000
8 Dec 2023 · derived via latest_sale
New Norfolk at a glance
6,455
People
$591,000
Median sale
$510/wk
Median rent
4.49%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs New Norfolk
+15.1%
Median sale
Suburb $591,000
-0.59 pp
Gross yield
Suburb 4.49%
Suburb median $591,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $510/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
New Norfolk at a glance
6,455
People
$591,000
Median sale
$510/wk
Median rent
4.49%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayPositioned within the highly sought-after pocket of New Norfolk, this impeccably presented residence not only offers the allure of a spacious land parcel and a modern lifestyle but also presents the epitome of convenience and contemporary design!
This captivating two-story dwelling has been masterfully designed, providing an exceptional degree of living separation and a wealth of versatile accommodation options that cater to diverse needs.
On the lower level, the master suite awaits, featuring a walk-in wardrobe and a well-appointed ensuite. The open plan living and dining area harmoniously converges with a well-appointed kitchen, complete with a walk-in pantry. For those in need of a home office or study space, an inviting open office/study area gracefully extends from the living room.
Continuing to the upper level, you'll discover two additional bedrooms, each thoughtfully furnished with built-in wardrobes, a main bathroom, cosy study nook, and a captivating children's retreat, serving as the focal point of this level.
The seamless transition between indoor and outdoor living spaces throughout the residence is truly extraordinary, with multiple expansive entertaining decks thoughtfully placed on both the upper and lower levels. These spaces provide the perfect backdrop for hosting guests, or simply unwinding with a good book while immersing yourself in the tranquil surroundings.
Nestled on a substantial 5,782 square meters of land, this property embodies the essence of owning substantial land in a central location. In addition to the main residence, there is a generous 16 x 7-meter garage, offering ideal storage space for your vehicles, workshop or mancave.
Convenience is paramount in this enviable location, with New Norfolk's central hub a mere 5-minute drive away. There, you'll find an array of common conveniences, schools, public transportation options, and an array of cafes and eateries. Hobart's vibrant CBD is easily accessible, approximately a 35-minute drive from this prime location.
This property represents the pinnacle of contemporary living, seamlessly merging a premium location with a spacious, well-thought-out design. With the added advantage of the expansive garage, it not only provides a premium residence but also a versatile living space that is sure to cater to a wide array of desires and needs.
Split level living, versatile floorplan
16x7m garage, large parcel of land
Sought after location
Indoor-outdoor flow with multiple decks
Large 5,782m² land with a 16x7m
Modern living, space, and convenience
Listing description written by Tegan Rainbird, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.
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