Neutral Market
5/16
Key Investment Metrics
| Metric | Status |
|---|---|
| Demand Supply Ratio (DSR) | Not Met |
| Vacancy Rate | Met |
| Gross Rental Yield | Met |
| Days on Market | Caution |
| Median Property Value | Met |
| 3-Year Capital Growth | No Data |
| 12-Month Rental Growth | No Data |
| Average Vendor Discount | Met |
About New Norfolk, TAS 7140
New Norfolk is located in Tasmania with postcode 7140. Based on our analysis of 23+ growth factors, New Norfolk is classified as a neutral market with a Hot Market Score of 5/16.
The Demand Supply Ratio (DSR) for New Norfolk is 40.0, which is rated as weak for investment. The vacancy rate is 0.8%, indicating strong rental demand.
Gross rental yield in New Norfolk is 5.2%. Properties in New Norfolk typically sell within 84 days.
Assessment from 25 February 2026 (41 days ago) — may be outdated.
Reassess