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 › Chichester St
$575,000
Last sold
9 Oct 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
26,102.224 m²
Land
152 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
$575,000
9 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in New Norfolk (last 5 years) with land size have a median of $659/m² of land (n=115). Districts calculation from recorded sales — not a valuation.
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
-2.7%
Median sale
Suburb $591,000
+0.12 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 scheme
Derwent Valley Local Provisions Schedule
Zone
Rural
122.20
Jurisdiction
Derwent Valley
Derwent Valley, TAS
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
TASZoned Rural · 122.20 (Derwent Valley Local Provisions Schedule). Official parcel area about 26,243 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Rural · 122.20 (Derwent Valley Local Provisions Schedule). Official parcel area about 26,243 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 26,243 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 EIS PropertySet on just over 6 acres of land suitable for livestock - be it goats, sheep, alpacas, chickens or a pony - here, you can escape to your own private retreat with this wonderful lifestyle property offering space, comfort, and convenience all in one...and it's on town water! Freshly painted throughout with some finishing touches still needed, the home feels bright and inviting from the moment you step inside, with soaring high ceilings enhancing the sense of space and light.
The floorplan is designed for easy living, featuring two separate living areas that give you plenty of flexibility - perfect for families needing room to spread out, or those who enjoy entertaining. Large windows capture the sunshine, filling the home with warmth and creating a cheerful, welcoming atmosphere year-round in addition to the two wood heaters.
Animal lovers will be delighted with the purpose-built cat run, providing safety and freedom for your furry friends, while the land itself is divided into four paddocks with a mix of pasture and treed scrub areas. Simply enjoy the wide-open space and beautiful aspect with panoramic views across the valley below. The property is sunny and well laid out, offering the perfect balance of usable land and lifestyle appeal. There is some work required outside in relation to fencing and there's some basic shelter sheds for stock to escape those wet weather days and nights.
Practical features include a double carport for covered parking and several outbuildings for storage. While you'll feel like you're tucked away in your own slice of paradise, the property is still conveniently close to shops, schools, and local amenities in the popular township of New Norfolk with Hobart a relaxing 30 minute drive away, giving you the best of both worlds.
Whether you're dreaming of a hobby farm, space for the kids to roam, or simply a quiet lifestyle with a "farm" feel, this property is a rare find that offers endless potential in a beautiful, sun-drenched setting, all at an affordable price.
Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.