New Norfolk TAS 7140, Australia
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
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Based on the comparable property evidence currently available.
New Norfolk was established in 1807 and is Tasmania’s fourth‑oldest European settlement. It grew from a community of Norfolk Island evacuees and later developed a strong hop‑farming and timber industry, with the Boyer Mill becoming a key paper producer
Within roughly 1 km you’ll find the historic Plaza Theatre, the Blair Street Bridge over the River Derwent, and The Bush Inn, one of Australia’s oldest continuously operating hotels. Nearby parks such as Kensington Park (≈0.6 km) and natural sites like Peppermint Hill (≈0.8 km) add to the local charm
New Norfolk sits on the Lyell Highway, about 32 km northwest of Hobart, providing a direct road link to the capital. The town is also roughly 55 km from Hobart Airport and is served by regular Metro Tasmania bus routes
New Norfolk enjoys a cool temperate oceanic climate (Köppen Cfb) and is the warmest part of Tasmania during summer afternoons. Winters are mild, making the area comfortable year‑round
Agriculture, especially hop farming, and the timber industry were early economic drivers. The nearby Boyer Mill, established in 1941, became the sole Australian producer of newsprint, and recent projects like the $500 million The Mills development continue to diversify the local economy
Yes, the Derwent Valley Railway, a heritage narrow‑gauge line based in New Norfolk, offers historic train experiences and is managed by the Derwent Valley Railway Preservation Society
The property is near Peppermint Hill, a local mountain, and Kensington Park, a small urban park. The historic Salmon Ponds trout hatchery, the oldest in the Southern Hemisphere, is also situated in the New Norfolk area
The town has seen the $500 million residential and community project known as The Mills, and in August 2024 Incat announced a new battery‑electric ferry manufacturing site in nearby Boyer, expected to create up to 1,000 jobs starting in 2026
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