At number 1919th in the list of Australian suburbs ordered by increase in median house value over the last year, New Norfolk, 7140 is in the top half with a property value increase of 7.50% recorded in median house prices.
New Norfolk,7140 has offered an average of 7.50% return per annum in house price rises to property investors over the last three years.
New Norfolk7140 is located in TAS which offers an average discount of -5.82% to property investors. New Norfolk itself is showing figures that indicate -4.34% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 10.58 sales per month, which equates to 127 per year.
New Norfolk is 18th on a list of best yielding suburbs for rents in TAS with a 6.95% return
At number 986th in the list of Australian suburbs ordered by increase in median house value over the last year, New Norfolk, 7140 is in the BOTTOM 50% with a property value increase of 2.70% recorded in median house prices.
Our latest figures would indicate that property sellers in New Norfolk are currently offering property investors an average price cut of -7.35% below the asking price at the moment.
Residents and property investors in New Norfolk have been waiting around 109.58 days to sell a property.