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 › Stephen St
4
Bedrooms
2
Bathrooms
6
Car spaces
1,018 m²
Land
186 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in New Norfolk (last 5 years) with land size have a median of $659/m² of land (n=116). 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.
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 EIS PropertyThis home wears many hats when it comes to how you maximise on this fabulous location in the centre of New Norfolk. Opposite Mitre 10, whatever you do, your renovation materials can be carried across the road! Zoned General Business, this property is currently used as a family home and has been two flats in a previous life...so what you choose to do is really up to you and the local council to approve. Either way, this larger than usual home does need work, but has exciting possibilities if you have the motivation and know-how to make this a great home or business opportunity - based on this dual zoning.
Inside, this 1950's home has had some cosmetic modifications to make it clean and more than livable as it is, but in time, you would want to invest in modernising and improving the interior after first attending to the external paintwork. Currently used as four bedrooms and two living areas, the floorplan is flexible enough to suit the changing needs of a family. Two modernised bathrooms are a huge advantage during the busy morning routines, while the original kitchen is both spacious and light, overlooking the rear garden. Tas Oak flooring, wood heater and two reverse cycle heat pumps add to the ease and comfort of living here.
The yard itself is accessible from both sides of the home with incredible privacy created by the established trees and shrubbery. Almost level, the garden is a real surprise in both size and feel, with the building situated at the front of the land, accentuating the proportions and sense of space as well as a showcasing this as a beautiful place to spend time outdoors. Sheds and the original laundry with adjoining toilet are a bonus when spending time outside. A second laundry in one of the bathrooms services this function more than adequately. Two sunrooms, a study and a layout that can be altered to suit your specific needs...this home has so much potential! In saying this, renovations can be done over time while you live here....few homes could allow this due to limited size and facilities, but this one has plenty of both!
A rare opportunity to secure over 1,000sqm of near level land in such a convenient location...an easy walk into the town centre and the fabulous cafes and shops that have in more recent times, have chosen to call New Norfolk their "home", while still being within a pleasant 30 minute drive to Hobart.
Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.