49 Lower Road, New Norfolk$325,000
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49 Lower Road

New Norfolk, TAS 7140, Australia
$325,000
1901 m²

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About this property

Opportunity like this doesn't surface often. A generous 1,901m² parcel of vacant land sitting quietly at 49 Lower Road, framed by sweeping mountain ranges and the kind of open sky that reminds you why the Derwent Valley draws people in and rarely lets them go. This is not just a block of land - it's a fully realised possibility. A preliminary feasibility study has already been completed for up to five three-bedroom townhouses, meaning the hard thinking has been done and the path forward is clear for those ready to move with confidence. The site itself is level to gently sloping, generously proportioned, and anchored by mature weeping willows and established natives that give it a natural warmth no landscaper could manufacture overnight. Town services are available, the zoning is General Residential and New Norfolk's CBD, schools, medical facilities and the Derwent River foreshore are all within easy reach. New Norfolk is no longer Tasmania's best-kept secret. Hobartians are arriving in numbers, drawn by affordability, lifestyle and a town that has quietly reinvented itself without losing any of its character. Demand for quality housing here is real and sites of this calibre - with scale, views, and development upside already mapped are genuinely hard to find. For the developer, the numbers make sense. For the owner-builder, the canvas is extraordinary. For the investor with an eye for timing, the moment is now. Contact Nat Downton for further information or details regarding an inspection.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1901 m²
Listed
3 months ago

Repayment calculator

$1,576/month
$788 /fortnight
Loan $260,000 at 6.10% over 30 years

Upfront costs

Deposit$65,000
Stamp duty$10,935
Conveyancing (est.)$2,000
Total upfront$77,935
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.

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Neighbourhood

Living in New Norfolk

This land in New Norfolk, TAS 7140 sits within reach of public transport, local shops and nearby schools. It is listed 34% below the $495,000 median of 55 comparable landswithin 5 km.

Schools near New Norfolk

  • Fairview Primary Schoolprimary · K-6 · CoEd
  • New Norfolk Primary Schoolprimary · K-6 · CoEd
  • St Brigid's Catholic Schoolprimary · Prep-6 · CoEd
  • Indie School - Glenorchy (New Norfolk Campus)secondary
  • New Norfolk High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)1.2 km away
  • The Big Tasmanian Rock Shop176 m away
  • Unnamed295 m away
  • Ellis Dean Reserve506 m away
  • Lees Corner597 m away

New Norfolk at a glance

Full suburb profile
Population
6,037
Median age
40
Household income
$1,112/wk
Median rent
$290/wk
Median mortgage
$1,127/mo

Source: ABS Census.

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Suburb market

Suburb price trend

New Norfolk price trend

Median sold · House 3 bed

Compound growth +2.9% / yr over 4 yrs

$513kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

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1 price change recorded for this property

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