Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 82.5 | Met |
| Vacancy Rate | 0.9% | Met |
| Gross Rental Yield | 5.5% | Met |
| Days on Market | 28 days | Met |
| Median Property Value | $500k | No Data |
| 3-Year Capital Growth | 15.0% | Met |
| 12-Month Rental Growth | 14.6% | Met |
| Average Vendor Discount | 0.0% | Met |
Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.
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 warm market with a Hot Market Score of 11/16.
The model-adjusted Demand Supply Ratio (DSR) estimate for New Norfolk is 82.5, which is rated as strong for investment. The model-adjusted vacancy estimate is 0.9%, indicating strong rental demand.
The model-adjusted gross rental yield estimate in New Norfolk is 5.5%, with a 3-year capital growth estimate of 15.0%. Properties in New Norfolk typically sell within an estimated 28 days.
7 funded projects ($1815.60m) — Health, Ports & Aviation, Roads & Transport