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 › Back River Rd
$503,000
Last sold
20 Mar 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
684 m²
Land
117 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
$503,000
20 Mar 2024 · 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
-14.9%
Median sale
Suburb $591,000
+0.78 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 Ripple RealtyWith magnificent gardens to enjoy, immaculate presentation and excellent storage inside and out, plus a convenient location close to New Norfolk's many amenities - this delightful four-bedroom family home is a real catch.
Retaining the style and charm from its 1965 construction, some simple updates will transform the solid and spacious foundation into the modern home you have been searching for.
Relax by the living room's bay window and watch the world go by, while the reverse cycle air conditioner ensures this generous space maintains an ideal temperature through all seasons. There is ample room for family dining, and the functional kitchen has been well-maintained over the years.
There are three generously sized bedrooms all with built-in storage, and a fourth that would also make a great office or craft room; a neat and tidy bathroom with large corner vanity, and separate shower and bath; as well as a separate toilet and laundry facilities that are located in the large utility room at the rear of the home.
With superb ornamental gardens that have been lovingly created and maintained, an established vegetable garden with protective netting, and unique undercover areas - the 684sqm flat block is an absolute treat for those who love to entertain, enjoy family time, or unwind outdoors.
There are easy-access paved areas, a carport, a lock-up garage for secure parking or additional storage, and outdoor seating in the quaint gazebo.
Families will love the convenience of having Fairview Primary School directly across the road, a 35-minute drive will take you to Hobart's CBD, and central New Norfolk is around 1.5km away - the bustling regional centre providing easy access to the many services, stores, eateries and activities on offer there.
Whether you're looking to add to your investment portfolio or seeking a well-kept home with plenty of potential that will suit your family's needs - this unassuming and inviting property is a must-see. Contact Warwick today to arrange an inspection.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Warwick Page, Ripple Realty — reproduced as published, not verified by Districts.