New Norfolk, 7140 ranked 138th in TAS when comparing growth in median property values or capital gain over the last 12 months. New Norfolk is one of 606 in our list for TAS
The five-year average increase in median property values for New Norfolk,7140 has given property investors a potential capital gain of 5.88% across each of those five years.
Property buyers and investors in New Norfolk 7140 should be seeing an average reduction in asking price of around -5.57% . This means that New Norfolk is holding prices well when compared to other suburbs in TAS.
At number 2403 in a list of fastest selling suburbs, New Norfolk is in the bottom 40% of suburbs in Australia with an average of days on market 92.59 for properties listed there.
Over the last year, property investments in New Norfolk, 7140 have given investors a capital gain of -8.05%. This compares very badly with the 3.78% for TAS as a whole.
At number 6th of TAS’s most discounted properties, New Norfolk is in the bottom 20% of the state/territory when listing in order of most discounted to least.
New Norfolk is 9th on a list of best yielding suburbs for rents in TAS with a 6.32% return