Warm Market
11/16
Key Investment Metrics
| Metric | Status |
|---|---|
| Demand Supply Ratio (DSR) | Met |
| Vacancy Rate | Met |
| Gross Rental Yield | Met |
| Days on Market | Met |
| Median Property Value | No Data |
| 3-Year Capital Growth | Met |
| 12-Month Rental Growth | Met |
| 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 warm market with a Hot Market Score of 11/16.
The Demand Supply Ratio (DSR) for New Norfolk is 81.4, which is rated as strong for investment. The vacancy rate is 1.1%, indicating strong rental demand.
Gross rental yield in New Norfolk is 5.1%, with 3-year capital growth of 14.9%. Properties in New Norfolk typically sell within 32 days.
Data as of 17 May 2026 · Sources: Government and public data only
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