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259 Back River Road

New Norfolk, TAS 7140, Australia
$295,000
714081700m²

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Area Price Guide
$277,300$312,700

Indicative price guide range

🏘️
51
Comparable
📊
$465,000
Area median
⚖️
-37%
vs median
📐
$0
Per m²
📏
714081700 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Located on the desirable northern side of the historic township of New Norfolk, this substantial 8.17-hectare (20.2ac) development site features gentle topography, with approximately 10m elevation gain across the site, presents a rare and compelling opportunity. Adjoining the lush fairways of the New Norfolk Golf Club, the property is surrounded by established and emerging residential development and is situated approximately 1.5 kilometres from the township's business and shopping precinct. Enjoying close proximity to local amenities and positioned just over 30 minutes from Hobart, this unique parcel of land represents an exceptionally rare development opportunity in a tightly held and growing region. Sharing an extensive 750-metre boundary with the tranquil golf course, the site is also bordered by modern residential development, with surrounding general residential zoning allowing for land sizes from approximately 450m² for dwellings and 325m² for strata units. With appealing future urban zoning, the development potential of this holding is significant (subject to council approval) and a range of options may be considered, including a potential yield of approximately 120 allotments averaging 550m² in size.

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,430/month
    $715 /fortnight
    Loan $236,000 at 6.10% over 30 years

    Upfront costs

    Deposit$59,000
    Stamp duty$9,735
    Conveyancing (est.)$2,000
    Total upfront$70,735
    Verify with TAS revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    714081700m²
    Listed
    2 months ago

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