TAS · 7140

New Norfolk

Suburb profile, market snapshot and recent listings for New Norfolk, TAS 7140.

New Norfolk, TAS 7140

About New Norfolk

Welcome to New Norfolk

New Norfolk sits along the Derwent River about 35 kilometres north-west of Hobart, in the heart of the Derwent Valley. Long known as one of Tasmania's oldest towns, it has held onto a distinct identity built around its river setting, its colonial-era streetscape and the hop fields and orchards that once defined the valley's economy.

These days New Norfolk suits buyers and renters after space, character and a slower pace without giving up a manageable commute to Hobart. With a population of just over 6,000 and a median age of 40, it draws a mix of families, tree-changers and longer-term locals, alongside those priced out of the capital looking for more house for their money.

Lifestyle & dining

Life in New Norfolk revolves around the Derwent River and the town's compact, historic centre, where colonial architecture sits alongside cafes, pubs and a scattering of local eateries that cater to both residents and the steady trickle of day-trippers from Hobart. The riverside setting lends itself to a slower, outdoorsy pace, whether that's fishing, kayaking or simply a walk along the water.

The town's heritage character, some of the oldest buildings in Tasmania, gives it a genuine sense of place that's increasingly rare, and there's enough going on locally in the way of pubs, produce and community events that residents rarely need to leave the valley for a night out.

Getting around

New Norfolk is well connected to Hobart via the Lyell Highway and Boyer Road, with the drive into the city taking roughly 40 minutes depending on traffic. Regular bus services run between New Norfolk and Hobart's CBD, making it a workable option for commuters who don't mind a longer trip in exchange for lower housing costs and more space.

Within the town itself, most amenities, shops, schools and the town centre, are an easy walk or short drive apart, and neighbouring communities like Magra, Lawitta and Sorell Creek are only minutes away for those wanting a more rural setting while still using New Norfolk as their local service hub.

Schools & families

Families are well catered for locally, with New Norfolk Primary School, Fairview Primary School and St Brigid's Catholic School covering the early years, and New Norfolk High School providing secondary education in the town itself. The Indie School's Glenorchy New Norfolk Campus adds an alternative schooling option for the area.

With a median age of 40 and a population base that supports this full run of schools, New Norfolk has the infrastructure of a settled family town rather than a purely rural outpost, which is part of its appeal for households moving out from Hobart in search of a bigger block.

Parks & recreation

The Derwent River is the town's biggest recreational asset, supporting fishing, boating and riverside walking tracks, while the surrounding Derwent Valley offers easy access to bushland and rural drives towards Derwent Bridge and the wider highlands. Local sporting grounds and reserves around the town centre round out the options for organised sport and casual recreation alike.

The property market

New Norfolk's median house price currently sits at $513,000, having lifted 7.9% recently, a pace of growth that reflects the broader shift of buyers looking beyond Hobart for value. Median weekly rent is $530, putting the town within reach for renters being squeezed out of the capital's tighter market.

Current listings are dominated by houses, which make up 60% of stock, with land making up a notable 21%, a sign of ongoing subdivision and new-build activity in and around the town. Townhouses and apartments/units each account for 9% of listings, giving buyers a reasonable, if modest, spread of options across the housing spectrum. For those comparing New Norfolk with neighbouring pockets like Norfolk or Magra, the town centre generally offers the widest choice of established housing stock.

Market snapshot

New Norfolk property market

Median price ranks #3,379 of 3,797 suburbs · pricier than 11%
Bedrooms

Median sale price

$513k

House · 3 bed

Median rent

$530

per week

Gross rental yield

5.4%

annual rent ÷ sale price

Typical price range

Entry

$383k

Median

$513k

Premium

$719k

Days on market

29

Auction clearance

0%

Sold this year

77

Median sold price trend · House 3 bed

Compound growth +2.9% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in New Norfolk by dwelling type.

House59%
Land22%
Apartment / Unit9%
Townhouse9%

Who lives here

Demographics

ABS Census 2021 figures for New Norfolk, TAS 7140.

Population

6,037

residents (2021)

Median age

40

years

Household income

$1,112

median, per week

Median rent

$290

per week

Median mortgage

$1,127

per month

Mortgage / income

23%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in New Norfolk

Government school catchment

Fairview Primary School

K-6CoEdGovernment
Visit school website →

New Norfolk Primary School

K-6CoEdGovernment
Visit school website →

New Norfolk High School

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

St Brigid's Catholic School

Prep-6CoEdCatholic
Visit school website →

Indie School - Glenorchy (New Norfolk Campus)

Private

Recent results

Recently sold in New Norfolk

$645k

48 Sharland Avenue

house4 bd · 1 ba · 2 car

Sold ~July 2026

$680k

28 Gateway Drive

house4 bd · 2 ba · 3 car

Sold ~July 2026

$685k

76 Derwent Terrace

house5 bd · 2 ba · 2 car

Sold ~July 2026

$600k

1/35 Lower Road

townhouse3 bd · 2 ba · 4 car

Sold ~July 2026

$505k

5 George Street

house2 bd · 1 ba · 5 car

Sold ~July 2026

$160k

62 Glenora Road

land

Sold ~July 2026

$210k

7 Cowburn Drive

land

Sold ~July 2026

$635k

4 Oast Street

house4 bd · 1 ba · 8 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in New Norfolk

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Compare the area

Price map around New Norfolk

Every listing for sale near New Norfolk, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Common questions

New Norfolk suburb FAQ

What is the median property price in New Norfolk?

The median house price in New Norfolk, TAS is $513k for a 3-bedroom home. Over the past year, median sold prices have risen about 7.9%.

How much is rent in New Norfolk?

The median weekly rent in New Norfolk is around $530 per week.

Is New Norfolk a good place to live?

New Norfolk is a riverside town located on the River Derwent in southeastern Tasmania, Australia. New Norfolk is an established residential suburb in TAS, with a population of around 6,037 and 5 schools in the area.

What is the population of New Norfolk?

New Norfolk has a population of 6,037 (ABS 2021 Census), with a median age of 40.

What schools are in New Norfolk?

There are 5 schools in or near New Norfolk, including Fairview Primary School, New Norfolk Primary School and St Brigid's Catholic School.

How long do homes take to sell in New Norfolk?

Properties in New Norfolk take around 29 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in New Norfolk?

Entry-level properties in New Norfolk start around $383k, while premium homes reach $719k.

What suburbs are near New Norfolk?

Suburbs near New Norfolk include Norfolk, Derwent Bridge, Magra, Lawitta and Sorell Creek.

Available now

Properties in New Norfolk

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For Sale
$499,000
house

A Smart Start or Solid Investment Opportunity!

15 Fourth Avenue, New Norfolk TAS 7140
312674 m²
Petrusma Property Sandy Bay3 weeks ago
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For Sale
$990,000
house

Spacious Family Living on Over 45 Hectares with Unforgettable Derwent River Views

31 Pulpit Rock Rd, New Norfolk TAS 7140
32445.57 ha
Derwent Real Estate1 month ago
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For Sale
By Negotiation
land
StMate est. ~$255k

Prime development holding beside tranquil golf club.

259 Back River Road, New Norfolk TAS 7140
8.17 ha
Petrusma Property Sandy Bay3 months ago
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For Sale
$250,000
land

Mountain Views With Plans

11 Grist Street, New Norfolk TAS 7140
1924 m²
Petrusma Property Sandy Bay2 weeks ago
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For Sale
$425,000
apartment

Priced to Sell - Convenient Town-Centre Location!

2/42 Burnett Street, New Norfolk TAS 7140
212242 m²
PRD Real Estate Hobart3 weeks ago
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For Sale
$675,000
house

Modern Living, Space to Grow & Future Potential

33 Lower Road, New Norfolk TAS 7140
3232994 m²
EIS Property1 month ago
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For Sale
$899,000
house

Private Rural Retreat on 10.09 Hectares - Lifestyle Living Just Minutes from New Norfolk!

199 Kensington Street, New Norfolk TAS 7140
33610.01 ha
PRD Real Estate Hobart1 month ago
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NewFor Sale
$675,000
house

Timeless Charm, Endless Possibilities

38 Dixon Street, New Norfolk TAS 7140
311836 m²
Exceed Property2 days ago
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For Sale
$240,000
land

PREMIUM BLOCK IN BRAND NEW SUBDIVISION

Lot 67 Magpie Drive, New Norfolk TAS 7140
555 m²
For Sale By Owner1 month ago
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For Sale
$1.80m
house

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

59 Montagu Street, New Norfolk TAS 7140
4265731 m²
EIS Property4 weeks ago
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For Sale
$495,000
house

Affordable Entry Point or Solid Portfolio Addition!

4 Trevor Terrace, New Norfolk TAS 7140
312557 m²
Petrusma Property Sandy Bay1 week ago
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For Sale
$695,000
house

Ideal Balance of Comfort, Functionality, and Lifestyle in a Prime Location!

257 Back River Road, New Norfolk TAS 7140
3274498 m²
Petrusma Property Sandy Bay3 months ago
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