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TAS › New Norfolk › Montagu St

59 Montagu St, New Norfolk TAS 7140

House

4

Bedrooms

2

Bathrooms

6

Car spaces

5,731 m²

Land

515 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 5,731 m² against a 515 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in New Norfolk (last 5 years) with land size: median $659/m² of land (n=116). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full New Norfolk report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown7 Aug 2026
  2. Listedprice unknowncompleted16 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

New Norfolk in one glance

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.

See the full New Norfolk report →

Keep researching

  • Why New Norfolk? Read the area thesis →
  • What else is on the market in New Norfolk →
  • Other records on Montagu St →

Listing material

Listed by EIS Property

"Hallgreen" comes with a past life, hidden secrets…and plenty of surprises!

Behind the glitz and glamour you see on show today, "Hallgreen" hides a colourful past with talk of underground tunnels, accidental fires, ghosts and hidden rooms from generations who have been privileged enough to call this incredible property their home! Beneath the upper level which has been beautifully restored by the current owners to exacting standards, lies almost another house constructed of stone - formerly the servants quarters - where the past dating back to 1825, really comes to life! While we say four bedrooms, this home could easily become a nine bedroom home using the existing additional rooms downstairs.

Stories of a gardener accidently setting fire to himself while smoking in bed downstairs, almost making him a contender for the modern-day Darwin Awards (luckily he survived!). Or the surgeon owner who was known to lock his poor wife in the garden shed saying she was hysterical and believed this would help her melancholia! And the underground tunnel that supposedly links to another property within the township - to name a few tales.

The authenticity, ambience and scale of this whole lower level is unmatched by almost any heritage residence across Tasmania. This is where it gets exciting! Imagine what you could do with these 9 rooms, showcasing the original flagstone flooring in the hallway, convict brick walls and original pit-sawn floorboards…as a starting point? The 1820's kitchen still features the original cast iron range, scullery and drying rooms. In that moment, you really feel like you have stepped back in time to the early 1800's.

Read the full description

The contrast between upstairs and down could not be greater. Luxury, opulence and a French classical style through the upper level has been incorporated to complement the Old Colonial Georgian architecture and create a highly polished, classy, functional and easy-care lifestyle. Downstairs, the rooms are original, unpolished, natural and in some parts, might need some work if you wanted to make them more "comfortable" while still retaining the raw beauty and the heritage of these spaces.

Adjoining the Esplanade with a stunning outlook and garden setting, "Hallgreen" in its entirety, would make the perfect venue for weddings - a setting where you can easily imagine garden parties were held in the 1800's for the townships' elite as the River glistens in the background. With a second title included in the property, and draft sketches for a myriad of possibilities including three suites on the lower level for those considering accommodation options for extended family or guests, this unforgettable historic property could open up a whole world of entrepreneurial possibilities! Historic tours, garden cafe, garden nursery, function venue, bed and breakfast or just your own special family residence...the options are limited only by your ambition and subject to Council approvals - of course.

Upstairs, two of the four bedrooms upstairs are huge - originally built by a surgeon for his family of 14 children - providing exceptional spaces for large families. The third and fourth bedrooms accommodate children or, could be used as a his and hers study perfectly. The drawing room, which feels more like a ballroom, captures one of the many "Wow" moments as you walk through this amazing home. Stunning architectural features are on show at each turn, all highlighted by the classical lighting, practical new "French Oak" parquetry flooring in Versailles pattern throughout and the relaxing, romantic colour scheme.

The gourmet kitchen with impressive island Onyx bench, has been designed to be practical yet stylish. A butlers pantry provides the ideal space for those hidden extras and three electric ovens in the aptly styled cooker, mean you will have ample space and functionality when entertaining guests.

Two balconies, each overlook the panoramic garden and river vistas, provide the perfect place to relax and enjoy the northerly sun, while the enclosed rear courtyard would suit a small dog - when they are not inside. The opulence upstairs continues into the bathrooms, each with all the modern luxuries you hope for, but not expect in a home of this era. There's even a glamorous dressing room that will be the envy of all your friends! A third separate powder room off the spacious laundry services guests and also is accessible from the rear courtyard.

A large workshop downstairs is ample for housing the varied implements necessary to maintain the botanic-like gardens. Complete with reticulated lawns, fruit trees, beautiful garden beds and the most magnificent Magnolia tree that flowers most of the year, there is a kaleidoscope of colour year round. When you want more fresh produce and more floral colour, there's the large reticulated hothouse which is waiting to excel at what it does best!

Nothing about "Hallgreen" has been left to chance. The history, which makes for a great night in reading curled up in front of the fire, is rich and intriguing! Questions arise and you are left wanting to know more about this incredible property and the families that have been lucky enough to call this unique historic property their home.

The possibilities are exciting for a home based business, the opportunities are only limited by your imagination for how you might write the next chapter in the story of "Hallgreen"...and you can only imagine the hidden secrets you might discover along the way!

This property is definately worth viewing to fully appreciate the timeless beauty and incredible privacy that is carefully hidden from public view.

Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Shed
  • Toilets: 3

Also look at

Also for sale in New Norfolk

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  • 38 Dixon St, New Norfolk TAS 7140

    3-bed house for sale. Asking $635K.

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  • Lot 67 Magpie Dr, New Norfolk TAS 7140

    0-bed land. Asking $250K.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.